MENLO TIMES

Litmus , simplifying Industrial Data complexity and making it more accessible, led by Vatsal Shah, John Younes, Sacha Sawaya, Vishvesh Shah, Parth Desai, and others, has secured  additional strategic investment led by Insight Partners , with participation from Munich Re Ventures . Manufacturers are striving to move from AI pilots to large-scale, multi-site deployment, but progress is limited by data, not models. Machine data is often siloed, inconsistent across plants, and ha

Backed VC , a London-based venture capital fund, led by Andre de Haes, Alex Brunicki, Tom Hopkins, Clare Hunter, and others, has closed its third fund, Backed 3, at its $100 million cap, alongside making its 100th investment.  Backed partners with outlier founders building generational frontier technology companies rooted in fundamental technological or conceptual breakthroughs. After two high-performing funds, including a top-decile first fund, Backed is expanding with Backe

CommerceClarity , building AI agents that turn raw data into intelligent retail automation, led by Alessandro Angelini, Daniele Vella, Federico Sargenti, and Michele Sampieri, has secured  a €2.7 million ($3.1M) oversubscribed pre-seed round, led by  IFF (Italian Founders Fund)  and  Entourage , with participation from  Euregio+ (Alpine VC) ,  Redstone ,  Vento (Exor) ,  Ithaca Investment , and Vesper Holding . The funding will accelerate the growth of the AI-driven e-commerc