Situational Awareness may have had to sell off the majority of its public portfolio last month, but the AI-focused hedge fund is still making some big bets. This week, the fund invested $400 million into Source Foundry, a startup founded by Stanford researchers aiming to make chip manufacturing faster and cheaper, according to The Wall
Indian electric vehicle startup River on Wednesday said it had raised $120 million to scale manufacturing for its next phase of growth. The Series C round was led by Indian investors Elev8 Venture Partners and Claypond Capital, with participation from Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital, and HDFC AMC, alongside existing backers
Spur Intelligence, a Lake Mary, Florida-based cybersecurity startup, has raised a $200 million round led by Insight Partners. Spur, founded by two former Department of Defense engineers in 2017, five years before the public launch of ChatGPT, was prescient. The startup’s technology helps companies distinguish legitimate human users from increasingly hidden bot traffic to help
Corgi, an insurance technology, data room software and coffee shop startup, is reportedly raising another round that closely follows its latest raise and would double its valuation, sources told Forbes. The round is said to be a second extension of its Series B round and is already closed. Corgi announced its latest round, the $106
As social media has evolved from a place to connect with friends to full-scale entertainment platforms, a startup called Yope is quietly building what it believes will be the future of online connection: social networks without algorithms, without ads, and without public content. Yope’s app, now backed by a $12.3 million round led by Northzone,
Travis Kalanick’s robotics company Atoms has raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company’s board of directors following the investment. Bain Capital, Fifth Wall and others participated in the round. Perhaps most notably, Uber also joined the funding round, reconnecting Kalanick with the company he founded,
