Newly valued at $2 billion, the AI 50 debutant originated as a chatbot for teenagers. Now, it has aspirations—and $100 million in fresh dry powder—to be the GitHub of machine learning.
For Transcarent CEO Glen Tullman, there is a strong case to buy telehealth behemoth Teladoc – the very company that acquired Tullman's last company, Livongo for $18.5 billion. Tullman could buy back the entirety of Teladoc for less than a quarter of what it bought Livongo for just two years ago
Foley and two other ex-Peloton cofounders are launching Ernesta, a direct-to-consumer custom-cut rug business, with $25 million from Addition and True Ventures and a team of former managers from their former company.
“Long-term, it’s gonna be all about the women,” Draper told me today at Web Summit in Lisbon, Portugal. “Women control 80% of retail spending, and they are only one of six Bitcoin wallets.”
Ten months after pulling its SPAC deal, microfactory firm Bright Machines raises $100 million led by Eclipse Ventures as more manufacturers look to set up shop closer to home.
The Black-led fund is putting an emphasis on storytelling and community, fueled by the pedigrees of its founders, who previously helped launch Blavity and BLCK VC.
Based on venture funding figures, now might not seem like the best time to invest in startups. But, it’s important to remember that in the VC world, funding figures and turbulent markets are often a distraction from the chance to get in on some of the most promising deals.
Investing in small, emerging, Black venture capital fund managers is a missed opportunity for institutional investors and accredited investors. For that to happen the industry needs to change.
Williams, one of America’s richest self-made women and one the sport’s most decorated champions, said the chances of her returning to the court are “very high.”