Rectify Pharmaceuticals Inc., a Cambridge, Mass.-based developer of disease-modifying precision therapeutics for patients with serious genetic diseases, launched with a $100 million Series A round co-led by Atlas Venture, Omega Funds, Forbion and Longwood Fund.
Reliable Robotics Corp., a Mountain View, Calif.-based developer of automated aircraft systems, fetched a $100 million Series C round. Lead investor Coatue Management was joined by Lightspeed Venture Partners, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures in the funding.
Weights & Biases, a machine-learning platform for engineers and data scientists, nabbed $100 million in Series C financing at a $1 billion valuation. New investors Felicis Ventures and BOND were joined by existing backers Insight Partners and Coatue Management in the round.
Tech News
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Motional previews the self-driving taxi experience, with Lyft as its first partner
Evolution Equity banks $400 million for second fund
Duke professor recognized for bringing more clarity to AI decision making
We mastered Zoom from home. Just wait for hybrid-office Zoom.
(END) Dow Jones Newswires
10-15-21 0951ET
