Mercor is in talks for a $20B valuation
A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.
Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups
Paradigm, the VC firm founded in 2018 to back crypto startups, raised a $1.2 billion Fund III.
Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.
Chemistry Ventures is raising $500M for its second fund
Chemistry Ventures, the VC firm launched by Bessemer, Index Ventures and Andreessen Horowitz alums, is raising $500M for its second fund.
AI law startup Norm raises $120M, hits unicorn valuation
AI law startup Norm has raised a $120 million Series C round led by Khosla Ventures, valuing the startup at $1.2 billion.
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs, including Melinda French Gates’ Pivotal Ventures.
Novak Djokovic has a new job — advisor to private equity firm General Atlantic
General Atlantic has tapped tennis legend Novak Djokovic to serve as a global strategic advisor.
Valor Equity Partners looks to raise a $2.5B Fund VII, per Bloomberg
New details have emerged about Valor’s latest fund, which last year announced it was raising an unspecified amount of capital.
HaloBraid raises $7M from Seven Seven Six to end the six-hour hair salon appointment
HaloBraid aims to help salons speed up braiding with its first device, slated to launch later this year, that acts as a braiding assistant for professional stylists.
Google DeepMind bets $75M on AI’s future in Hollywood with A24 deal
Google DeepMind and A24 are teaming up to build AI filmmaking tools.