Augury and HighTouch Joined The Unicorn Club
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Augury and HighTouch Joined The Unicorn Club
Welcome to startups weekly Want it in your inbox Every Friday? Sign up here.
Startup Life is a Story of Births and Deaths. This Week Confirmed This, and it Confirmed That Unicorn Rounds Are Dead.
Most Interesting Startup Stories from Week
AS HAPPENS OFTEN IN THE STARTUP WORLD, it’s Been A Week of Beginnings and Endings.
Thinking Machines: Thinking Machines Lab, The New AI Startup of Former OpenAI CTO Mira Murati, Came Out of Stealth This Week, with Confirming How Much It May Have Raised from VCS. Meanwhile, Ilya Sutskever’s Startup Saperintelligigence (SSI) is reportedly raising around $ 1 billion.
Humane Killing: Humane, The Hardware Startup Behind The Flawed AI Pin, Announted That Most of Its Assets Have Been Acquired by HP for $ 116 Million.
Money Back Guarantee: San Francisco-Based Startup Future Family Launched a New IVF Product in the United States That Could Refund Parents.
Low Battery: Former Silicon Valley Darling Nikola Corp. Filad for bankruptcy this week. The Hydrogen Electric Trucking Startup Find A Buyer Or Secure Additional Funds to Maintain Operations.
Most Interesting vc and Funding News This Week
We thought the days of country unicorns wee behind us, but not so much. Plus, Legal AI Is Hot, and Looming Cuts Inspired a New Biotech Venture Fund.
Quadricorn: Austin-Based Defense Startup Saronic Raised A $ 600 Million Series C to Build an Autonomous Ship Factor, Also Quadroupling its Valion.
New Horn: Six Months After Raising A $ 150 Million Series C at A $ 1.25 Billion Post-Money Valuation, AI CODING STARTUUM IS TALKS TO RAise A New Round Led by Kleiner Perkins at A $ 2.85 Billion Valuation, Sources Told Technchch.
Joining The Club: HighTouch, A Startup Co-Founded by a Former Engineering Manager At Segment that Provides AI-Powered Marketing Tools, Closed An $ 80 Million Series C Round at A $ 1.2 Billion Valuation.
Augury, Whose AI-BASED HARDware Detects Malfunctions in Factor Machines, Securered $ 75 Million in Equity Funding As Part of A Series F Round That It Is Still Closing. CEO and FOUNDER SAAR YOSKOVİTZ SAİD THIS WAS AN Up-Round Valuing The Startup at Over 1 Billion.
After the Billion: After Raising $ 1 Billion to Date Book 2015, fintech varo closed on $ 29 Million Out of the $ 55 Million Series G It Has Been Hoping to Raise. Its CEO and FOUNDER, Colin Walsh, Also Recently Announced HE WAS stepping Down.
Halfway: Sanas, Which Laverges AI to Call Center Workers’ Accents in Real Time, CLOSED A $ 65 Million Funding Round, Valuing The Company at Over $ 500 Million.
Legal AI: AI-POWED Kanuni Tech Startup Luminance RISED $ 75 Million in A Series C Funding Round that Follows Several Other Deals Closed by Competing Up.
New Fund: Amid Uncernty on Funding from The National Institutes of Health (NIH), Altitude Lab’s Pre-Seed Venture Fundure Fundure Fundure Fundure Investing $ 100,000 Grants.
Last but not least
Andrereresen Horowitz May have $ 45 Billion in Assets Under Management, but Marc Andreesen Isn “Chomping at the Lit to take the firm public.” Speaking on this week’s Invest Like the Best Podcast, A16z’s Co-Founder Discussed.
