VENTURE DEALS- VAST Data, a New York City-based AI data platform company, raised $118 million in Series E funding. Fidelity Management & Research Company led the round and was joined by New Enterprise Associates, BOND Capital, and Drive Capital. Ascenta Capital led the round and was joined by OrbiMed, SR One, General Catalyst, Foresite Capital, Woodline Partners, and others. Bain Capital Ventures led the round and was joined by existing investors Bessemer Venture Partners, Amity Ventures, and others. Concept Ventures led the round and was joined by Frontline Ventures, Portfolio Ventures, and Notion Capital.

Source: Forbes December 07, 2023 17:05 UTC