Groq develops a tensor processing unit, which is an integrated circuit developed specifically for machine learning. Founded by Jonathan Ross in 2016, Groq is backed by investors that include Tru Arrow Partners, Infinitum Partners, Boardman Bay Capital Management, D1 Capital Partners, and Addition and is headquartered in Mountain View.
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The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 4/19/21 featuring funding details for Degreed, EcoCart, and twenty-two other rounds that you must know about.
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Connected Cannabis
Connected Cannabis is a vertically integrated cannabis company for the cannasseurs of the weed industry. Founded by Caleb Counts and Luke Coleman in 2009, Connected Cannabis is backed by investors that include Plus Capital, Navy Capital, Presidio View Capital, Emerald Park Capital, and One Tower Group and is headquartered in Sacramento.
FOUNDED:2009
FOUNDERS:Caleb Counts, Luke Coleman
Cohere Health is a Saas company focused on improving the experience of patience and doctors on health rather than on payment hassles. Founded in 2019, Cohere Health is backed by investors that include Flare Capital Partners and Define Ventures and is headquartered in Boston.