VC funding: K Health, LiveOak Fiber, SmartHR, Yunity

K Health, LiveOak Fiber, SmartHR, Yunity, among others, have announced their venture capital (VC) funding.

Dollar spending on technology

K Health raises $50 mn

K Health, an AI primary care platform, has raised $50 million in VC funding round led by Claure Group, with participation from investors including Pablo Legorreta, and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.

K Health’s primary care platform offers a concierge medical experience, with an assigned provider and 24/7 access to care, said the company.

LiveOak Fiber secures $250 mn

LiveOak Fiber, a regional broadband service provider founded in 2022, has secured $250 million in financing underwritten by J.P. Morgan.

LiveOak Fiber will use the funding to expand its fiber broadband network to underserved communities in the Southeast United States.

SmartHR raises $140 mn

SmartHR, a human resources management platform in Japan, has raised $140 million in a Series E VC funding round.

The funding was led by KKR, a global investment firm, and Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, with participation from existing shareholders.

SmartHR will use investment to accelerate growth, including through the development of new solutions, talent acquisition, and growth strategies.

Yunity announces $1 bn investment

Yunity announced the launch of IMAGINE, an ecosystem supporting startups to build better companies, at the Artificial SuperIntelligence (ASI) Alliance Summit. ASI is the open-source, independent player in AI research and development.

Through a joint venture with ASI Co-Founder, SingularityNET, IMAGINE will invest $1 billion in beneficial AI and deep tech startups.

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