Several tech startups — Kargo, Impart Security, Thread AI, among others, have announced their venture capital VC funding to bolster innovation and business growth.
Kargo Raises $18 mn
Kargo raised $18.4 million in a round led by Matter Venture Partners with participation from Sozo Ventures, Founders Fund, Lineage, and Armada Supply Chain Solutions. The investment supports Kargo’s strategy to revolutionize inventory management using AI-powered computer vision. Its platform has been deployed across 240 Armada dock doors to automate food supply chain logistics. Kargo’s innovation addresses inefficiencies in manual tracking, improving speed and accuracy. Its customer-focused approach ensures real-time, autonomous inventory visibility, benefiting large-scale warehouse networks. The company, founded by Sam Lurye, aims to set new industry standards with scalable industrial AI solutions.
Impart Security Raises $12 mn
Impart Security raised $12 million in Series A funding led by Madrona Ventures, with CRV and 8-Bit Capital participating. Its breakthrough Application Detection and Response Engineering Platform enables security teams to build autonomous workflows for production environments. The platform detects and neutralizes real-time threats without human intervention. Targeting major enterprises, Impart’s innovation replaces traditional reactive tools with proactive, AI-driven security. Benefits include increased efficiency, reduced response times, and minimized security risks. With support from experienced investors and board member Karan Mehandru, the company is set to redefine cybersecurity for dynamic environments.
Thread AI Secures $20 mn
Thread AI secured $20 million in Series A funding led by Greycroft, with participation from Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital, and Homebrew. Founded by Angela McNeal and Mayada Gonimah, former Palantir executives, Thread AI offers Lemma, a composable infrastructure platform that integrates AI into enterprise workflows. Technology addresses integration challenges by linking data, models, and automation into customizable, end-to-end solutions. Its customer focus lies in adaptability, eliminating the need for rigid tools or expensive engineering. Benefits include seamless AI deployment across evolving environments, promoting innovation in enterprise AI operations.
InfotechLead.com News Desk
