MENLO TIMES

Quilt , the world’s most intuitive, advanced, and efficient ductless heat pump on the market, led by Paul Lambert, Matthew Knoll, and Bill Kee, has secured  a $20M Series B round from   Energy Impact Partners , Galvanize ,  Lowercarbon Capital ,  Gradient Ventures ,  Alumni Ventures , Incite Ventures , and others. The company is welcoming  Tom vonReichbauer (former CFO of Nest, Sunrun, and ICON) and  Veery Maxwell  (co-head of Galvanize Climate’s Innovation + Expansion fund)

Unconventional AI , rethinking the foundations of a computer to optimize energy efficiency for AI, led by MeeLan Lee , Sara Achour , Michael Carbin , and Naveen Rao , has secured  $475 million in seed funding led by Lightspeed  and Andreessen Horowitz , with participation from Sequoia , Lux Capital , DCVC , Future Ventures , Jeff Bezos, and many other amazing investing partners, valuing the company at $4.5 Billion. Naveen Rao, cofounder and CEO, will personally be investing $

Flex , empowering business owners with a new approach to finance, led by Zaid Rahman, Hadi Solh, Robbie Figueroa, Vishal Saxena, David Toro, Luciano Arango, and others, has secured  $60 million in Series B equity funding, led by  Portage , and additional participation from  Titanium Ventures ,  Wellington ,  Crosslink Capital , Companyon Ventures ,  Spice Expedition ,  Florida Funders ,  FirstLook Partners ,  MS&AD Ventures ,  Restive  and others, bringing the company's total