tech:

taffy

SocialRadar Raises $12.75M

SocialRadar has secured $12.75 million in Series A funding. The round was led by New Enterprise Associates (NEA), Grotech Ventures and SWaN & Legend Ventures. A long list of angel investors, including Steve Case, Ted Leonsis, Dave Morin, Kevin Colleran, Steven Gruber, Mark Ein, Roger Novak, Jack Biddle, Matthew Pittinsky, Tom Davidson, Dan Cane, Andrew Rosen, Peter Corbett,  Dan Mindus and NextGen Angels, a DC-area angel investor group.

Dayna Grayson from NEA, Steve Fredrick from Grotech Ventures, Fred Schaufeld from SWaN & Legend Venture Partners and Kevin Colleran will be joining the SocialRadar board.

SocialRadar is developing technologies in the social location space and working on apps for iPhone, Android, and Google Glass.

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.