Andrew Dai left Google DeepMind knowing that visual AI was the frontier he wanted to push into. It achieved breakneck fundraising that resulted in a more aggressive valuation-to-equity ratio than Thinking Machines, which raised one of the largest rounds in US history. In this episode of Build Mode, host and Startup Battlefield lead Isabelle Johannessen
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
When Senra CEO Jordan Black was an engineer at SpaceX, he took on the task of expanding the company’s wiring harnesses to support production of Starship, the company’s next-generation rocket. Wiring harnesses are what they sound like: the internal electrical wiring that runs through a rocket, car, plane or tractor and becomes increasingly important the
Hinge founder Justin McLeod announced an $18 million fundraising for his new dating company, Overtone. McLeod stepped down from his CEO role at Hinge last year, and Hinge owner Match Group, which also owns apps like Tinder and OkCupid, is helping fund his new venture, along with FirstMark Capital and Pace Capital. While details about
Wisk Aero, the electric air taxi company owned by Boeing, has been sued by a former employee, who claims she was fired after raising safety concerns. Former software manager Briahna O’Neill sued Wisk in Santa Clara Superior Court earlier this week, alleging discrimination and wrongful termination. The Seattle Times first reported on the lawsuit, noting