Tech sectors see activity in Sacramento and New York City

The technology and startup sectors are seeing significant activity in both Sacramento and New York City. In Sacramento, Sac Tech Week is hosting over 30 events, including workshops, pitch competitions, and AI programs designed for founders and investors.

Notable events in Sacramento include the Startup World Cup regional competition, where ten startups will pitch for local prizes and a chance to compete in San Francisco, and the Tandem: A Human-First Tech Summit focusing on the impact of AI on work and creativity.

In New York City, several major funding rounds have been reported. Fintech platform Ramp raised $1.85 billion in venture funding, bringing its total equity funding to $4.85 billion. AI infrastructure platform Modal secured $750 million in Series D funding, while North.cloud raised $60 million in Series B funding for its cloud financial management platform. Additionally, the AI context engine Scuba raised $34 million in seed funding.