Colossal Biosciences wants to bring back the woolly mammoth and has raised $200 million at a $10.2 billion valuation to do it.
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The world of fashion is moving at a faster pace each year. Most retailers introduce new styles each season, and fast-fashion companies like Shein, H&M, and Zara update their collections continuously. To keep pace with the rapid demand for new styles, brands and manufacturers have been turning to tech to accelerate their design process. Raspberry [β¦]
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Over the last two years, Nvidia has used its ballooning fortunes to invest in over 80 AI startups. Here are the giant semiconductor's largest investments.
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Hippocratic AI, a startup building AI solutions that can handle non-diagnostic patient-facing tasks, secured a massive $141 million Series B at a valuation of $1.64 billion led by Kleiner Perkins, the company announced Thursday. The funding comes nine months after Hippocratic AI raised a $53 million round from General Catalyst and Andreessen Horowitz and five [β¦]
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Innovaccer has raised a $275M Series F from investors including B Capital Group, Banner Health, Danaher Ventures, Generation IM, Kaiser Permanente, and M12.
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Tran Le was an engineering student at Stanford University when she tried to enroll in a clinical trial for her chronic condition. Although she identified several promising trials, she found the sign-up process daunting β she had to have extensive email exchanges with clinical sites and complete lengthy 20-page forms. All that paperwork was so [β¦]
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H1, a healthcare data analytics platform serving the pharmaceutical industry with data on over 10 million healthcare professionals, has acquired Ribbon, a startup that helps patients find doctors that are supported by their insurance. Financial terms of the deal have not been disclosed. The last time that Ribbon β founded in 2016 and a Y [β¦]
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When you really probe venture capitalists about investing in AI startups, theyβll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes.Β But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs. [β¦]
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Real estate venture firm Fifth Wall is raising a new $500 million fund called Fifth Wall React, according to a regulatory filing.
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Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said.Β This new funding comes just four months after Anysphere raised its $60 million Series [β¦]
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Earlier this year, IVP general partner Tom Loverro proclaimed that the post-pandemic downturn is over, and companies that made it this far should prioritize growth over cost-cutting. Yet, the companies still struggling to raise their next round of financing at a higher valuation or survive altogether could still be in the thousands, according to Brian [β¦]
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Kalshi CEO Tarek Mansour confirmed on a podcast interview that his employees asked social media influencers to promote memes about the FBIβs raid on the home of his archrival, the CEO of Polymarket.Β Both companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes of events ranging from [β¦]
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These startups have fascinating new technologies, business models, founder stories or are pushing an industry forward in exciting ways.
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Late last year, Gou Rao and Vinod Jayaraman founded NeuBird to automate IT site reliability operations tasks with generative AI. Having sold their previous cloud-native storage startup, Portworx, to PureStorage for $370 million, the pair was well-versed in the IT challenges faced by todayβs enterprises. βItβs very hard to find good site reliability engineers. Thereβs [β¦]
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Tiger Global famously fueled the pandemic-era venture capital boom, investing heavily in a wide range of startups, setting up bidding wars for even the most unproven startup that led to sky-high valuations. In 2021 alone, the hedge fund backed 315 startups, according to PitchBook data. And much of the VC industry was not happy about [β¦]
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The OpenAI Startup Fund discloses its biggest SPV yet, but is staying quiet on what it's for.
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Many VCs, particularly newer firms, readily admit that 2024 has been a challenging year for raising fresh capital. Dimension Capital, a two-year-old venture outfit, had a different experience when raising its second fund.Β Β βEvery investor from fund one came back very quickly,β said Zavian Dar (pictured center), one of the firmβs three founders and managing [β¦]
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Although heart disease is the leading cause of death in the United States, a significant portion of people who experience heart attacks are unaware that they have the underlying condition. Cleerly, a cardiovascular imaging startup, hopes to fix this. By analyzing CT scans of the heart, the companyβs AI software aims to identify early-stage coronary [β¦]
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/dev/agents, a new company by the developers of Android, believes a new operating system is needed to fully realize the potential of AI agents.
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Vikram Bhaskaran was leading creator partnerships at Pinterest when his father started showing early symptoms of ALS, a rare, terminal neurodegenerative disease. βIt turned my world upside down,β Bhaskaran said. He worked during the day, and spent his evenings Googling the illness and treatment options and in Facebook groups. But Bhaskaran discovered that finding clear, [β¦]
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