Tech startups such as Converge Bio, Aviz Networks, LUUM, OneChronos, announced their VC funding rounds from venture capital companies.
Converge Bio Raises $5.5 mn
Converge Bio, a generative AI hub for biotech and pharma, announced $5.5 million in seed funding led by TLV Partners. The company uses large language models (LLMs) trained on biological and chemical data to accelerate drug discovery and development.
Converge Bio’s platform streamlines antibody engineering, drug target identification, and mRNA vaccine design. Collaborations include Teva, Compugen, and BiomX, leveraging AI to cut the time and cost of bringing new drugs to market.
Aviz Networks Secures $17 mn
Aviz Networks, an innovator in AI-powered networking solutions, has raised $17 million in Series A funding led by Alter Venture Partners, with support from Cisco Investments, Moment Ventures, Wistron and Accton and new strategic investors including Celestica and Qualcomm Ventures. Aviz offers vendor-agnostic Community SONiC solutions that enhance visibility and AI-driven management for data centers and edge networks.
The funds will fuel global workforce expansion and innovation, empowering industries like e-commerce, telecom, and cloud services with cost-effective, flexible networking technologies.
Nivoda Raises $51 mn
Nivoda, a leader in digital diamond marketplaces, has secured $51 million in funding led by Northzone, alongside Avenir, Headline, Abstract Ventures, and Canaan Partners. This brings its total funding to $96 million. The company aims to expand its platform from diamonds and gemstones to all jewelry, providing a transparent and efficient supply chain.
LUUM Secures $30 mn
LUUM, a trailblazer in AI and robotics-powered lash extension technology, announced the conclusion of its Series A funding, bringing the company’s total raise to $30 million. The round was led by Long Journey Ventures, Artifact Capital, and Boardman Bay Capital Management, with participation from existing backers like Ulta Beauty.
OneChronos Raises $32 mn
OneChronos secured $32 million in funding, led by Addition, to expand its Smart Markets technology beyond equities into new asset classes and geographies. By applying combinatorial auctions and sophisticated optimization algorithms, OneChronos enhances trade execution quality and unlocks more trading opportunities.
