tech:

taffy

Gradial raises $5.4M

Gradial, based in Seattle, WA, has announced a $5.4 million seed funding round. The investment is led by Madrona, with contributions from General Advance, Outsiders Fund, and Space Capital.

Gradial is focused on developing AI solutions to enhance digital marketing efforts and streamline content management workflows. The Gradial platform uses generative image and text models to tackle challenges in content management, such as updating content, redesigning web pages, and creating brand-aligned materials.

Gradial was founded by Doug Tallmadge, Anish Chadalavada, and Deip Kumar, former engineers from Space X and Microsoft.

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.