🎂The Funding Letter #1639: April 1

Temporal Technologies, Chef Robotics, Tomorro, and more...

April 01, 2025

🥳 Good Morning and Happy Anniversary! 6 years ago today we sent our very first edition of The Funding Letter. Today’s special edition comes to you from New York City, where we started it all. Thank you for being with us all of these years, and here’s to six more!

Hit the Gong 🎉

Source: @sales_humor

Daily Deals 💸

🌎 Americas

Retym manufactures semiconductors to support optical communications for deep learning and AI tools, enabling businesses to build next-generation data centers by advancing optical networking and DSP technology. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $75M, Series D

Round Investors: Spark Capital (lead), Kleiner Perkins, Mayfield Fund, Fidelity

🚀Growth Focus: Scale production and product development advancements.

HQ: Cupertino, CA

Industry: Semiconductor Manufacturing

Employee Count: ~30 (most ee’s based in Israel)

Temporal Technologies develops an open-source microservices orchestration platform that ensures workflow completion of any size, supports exponential activity retries, and enables reliable applications on scalable architectures. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $146M, Series C ($1.72B Valuation)

Round Investors: Tiger Global Management (lead), 137 Ventures, Sequoia Capital, StepStone Group

🚀Growth Focus: Accelerate product development for its enterprise-grade managed service Temporal Cloud and expand the reach of its durable execution platform.

HQ: Bellevue, WA

Industry: Software Development

Employee Count: 267 (⚡11% increase in last 6 months)

Persefoni AI’s carbon footprint management platform uses AI for real-time carbon tracking and automates compliance reporting, helping businesses plan and understand their emissions profile. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $23M, Series C

Round Investors: TPG Rise, Rice Investment Group, Clearvision Ventures, NGP Energy Technology Partners

🚀Growth Focus: Expand its product offerings and solutions.

HQ: Mesa, AZ

Industry: Software Development

Employee Count: 156

Chef Robotics's platform offers modular hardware and reprogrammable software with computer vision and robotics to manage peak hours and prevent errors in food assembly, enabling supply chain off-shoring. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $43.1M, Series A

Round Investors: Avataar Venture Partners (lead), Construct Capital, Bloomberg Beta, Promus Ventures

🚀Growth Focus: Accelerate production deployments of its robotic systems.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 94 (⚡19% increase in last 6 months)

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