It’s not just you: AI startups are receiving a lot of seed funding and, in the process, making things difficult for anyone seeking funding, even at a pre-seed stage. We’ve covered the trend in detail, and at this year’s TechCrunch Disrupt event, we want to help pre-seed founders who are now locked into early-stage expectations.
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At the end of May, Neil Rimer said something during a meeting I had with him in Athens that I couldn’t avoid. At a vibrant new technology festival in the city, speaking of the wealth accumulating around AI, he said he has “a strong feeling that there will be some kind of redistribution.” Continuous. “It
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Valar Atomics, a startup that builds small modular nuclear reactors (SMRs) — essentially factory-built miniaturized power plants designed to be cheaper and faster to deploy than traditional reactors — is in talks to raise a new round of capital, according to three sources familiar with the company. The company, founded three years ago, is seeking
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Travel agency Fora announced a $60 million Series D round led by Forerunner and Tactile Ventures, valuing the company at $1 billion. Founded in 2021, Fora is a two-part platform: it allows people to easily become travel agents by providing the infrastructure to support customer communication and trip planning; It also allows users to find
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Ryan Beiermeister has joined Founders Fund as a partner, he announced Monday. Beiermeister is well known in Silicon Valley for several reasons. For one thing, prior to this role, she spent about two years as VP of Product Policy at OpenAI, which became a household name shortly after ChatGPT became the fastest-growing app in history.
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While many top-tier venture firms continue to raise massively larger funds, Greylock Ventures, one of Silicon Valley’s oldest and most prestigious venture firms, is intentionally bucking the trend of increasing fund size. On Tuesday, the 61-year-old company announced it had raised an 18th fund of $1.5 billion. The figure is 50% higher than its previous
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