Omada Health IPO signals healthier market, avoids ‘down-round’ trend
Omada Health popped in its first day as a public company, validation for founder CEO Sean Duffy.
Figure AI CEO skips live demo, sidesteps BMW deal questions onstage at tech conference
Figure AI has drawn attention for making claims that its AI-powered robots possess human-like fine motor skills and can manipulate objects with precision but hasn’t done a live demonstration of the humanoids.
Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR
The massive round is Anysphere’s third fundraise in less than a year. The 3-year-old startup secured its previous capital haul of $100 million at a pre-money valuation of $2.5 billion late last year.
Circle IPO soars, giving hope to more startups waiting to go public
The USDC stablecoin issuer ended its first trading day at a 167% jump from its $31 IPO price.
Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI
Console’s mission is to help IT teams reduce mundane, repetitive tasks, thereby freeing up time for help desk professionals to work on more strategic and sophisticated projects.
Grammarly secures $1B in nondilutive funding from General Catalyst
Grammarly has secured a $1 billion commitment from General Catalyst.
Rillet raises $25M from Sequoia to automate general ledger systems using AI
Rillet directly pulls data from their customers’ banks and platforms to generate financial statements, including the balance sheet and income statement.
AI may already be shrinking entry-level jobs in tech, new research suggests
If and when AI will start replacing human labor has been the subject of numerous debates. While it’s still hard to say with certainty if AI is beginning to take over roles previously done by humans, a recent survey from the World Economic F…
Khosla Ventures among VCs experimenting with AI-infused roll-ups of mature companies
Venture capitalists have always focused on investing in companies that leverage technology to either disrupt established industries or create entirely new business categories. But some VCs are starting to flip the script on their investing styles. Rath…
Hinge Health pops 17%, but joins growing ranks of down-round IPOs
Hinge Health, a digital physical therapy company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. That’s a good first-day result. But even with the pop, …