VC funding: Alkymi, LinkSquares, OneRail, Pony.ai, Digital River

Alkymi, LinkSquares, OneRail, Pony.ai, SambaNova Systems, Minute Media, Digital River, Lava International, among others, announced their latest round of VC funding from venture capital firms.
VC funding in technology cosSambaNova Systems

Artificial intelligence computing firm SambaNova Systems has raised $250 million in a Series C funding round led by BlackRock with the participation of the venture capital arms of both Intel and Alphabet, Walden International, WRVI Capital and Redline Capital.

Pony.ai

Autonomous driving firm Pony.ai has raised $462 million in its latest funding round, led by an investment by Japan’s largest automaker Toyota Motor.

Toyota invested around $400 million in the round, Pony.ai said in a statement. The latest fundraising values the three-year-old firm, already backed by Sequoia Capital China and Beijing Kunlun Tech Co, at slightly more than $3 billion.

LinkSquares

LinkSquares, a provider of AI-powered SaaS contract management and analysis tool, has raised $14.5 million in Series A financing led by Jump Capital. New investor First Ascent Ventures and existing investors MassMutual Ventures and Hyperplane Venture Capital also participated in the round. The company has raised $21.4 million to date.

OneRail

OneRail, an Orlando-based final mile orchestration and fulfillment platform, has raised $5.8 Million in venture investment — led by Las Olas Venture Capital with participation from Chicago Ventures, Alpine Meridian Ventures, and several leaders from the retail and supply chain sectors.

Alkymi

Alkymi has raised $5 million in seed funding – led by Canaan with participation from prior investor Work-Bench and new investor SimCorp.

Minute Media

Minute Media, a technology and digital publishing platform, has raised $40 million in venture capital. Minute Media raised $160 million to date.

Digital River

Digital River, a global ecommerce enabler, has raised a total of $50 million in incremental funding led by Siris Capital Group with participation from several of Digital River’s existing co-investors.

Lava International

India-based Lava International has signed an agreement with GEM Global Yield Fund, part of the Global Emerging Markets Group, for the investment of up to $90 million into the company over next 36 months through a Share Subscription Facility.

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