The week ending 6/28 saw notable venture capital activity in New York City, with key deals involving Digital Asset raising $135M for its blockchain initiatives, and Traversal securing $48M in Series A funding to enhance site reliability engineering. Other funding highlights include Supply Wisdom's $14M for AI-powered risk intelligence and Faction Imaging's $10M for advancements in medical imaging technology. These investments reflect a strong market interest in decentralized finance, observability, AI, and healthcare innovation among emerging companies.
Digital Asset raised $135M in venture funding, marking a significant milestone in the decentralized finance space and highlighting strong investor confidence in blockchain technology.
Traversal's successful $48M Series A funding led by Kleiner Perkins emphasizes the growing importance of observability in tech infrastructure and site reliability engineering.
Supply Wisdom's $14M Series B funding illustrates the increasing demand for AI-driven risk intelligence solutions to manage real-time risks effectively.
Faction Imaging secured $10M to advance its AI-native medical imaging platform, demonstrating innovation in healthcare technology and the potential of AI in this field.
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