How VCs and founders use inflated ‘ARR’ to crown AI startups
Some AI startups are stretching traditional revenue metrics when talking about progress publicly. And their investors are fully aware.
Startups
This young startup is taking on a fragrance industry that hasn’t changed in a almost half century
Fragrance tech company Patina announced Thursday a $2 million raise from investors, including Betaworks and True Ventures.
Maka Kids is redefining kids’ screen time with a streaming app optimized for well-being, not engagement
Maka Kids is building a streaming app for children ages zero to six featuring content designed for healthy development. The startup has now raised $3 million in seed funding to scale its platform.
Beauty booking startup Fresha hits $1 billion valuation with KKR backing
Beauty and wellness booking marketplace Fresha says it has raised $80 million investment from KKR’s Next Generation Technology Growth fund, KKR’s growth equity arm.
General Catalyst just led a $63M bet on India’s travel payments market
Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, said the deal doubles its valuation.
Imperagen raises £5 million to use quantum physics, AI on enzyme engineering
Biotech company Imperagen announced on Thursday a £5 million ($6.7 million) seed round led by PXN Ventures, with participation from IQ Capital and Northern Gritstone.
Clouted wants to take the guesswork out of making short videos go viral
The video clipping startup raised a $7 million seed round led by Slow Ventures.
Sam Altman makes ‘mic drop’ offer to every Y Combinator startup
Altman offered to have OpenAI invest in every single startup in this Y Combinator class: tokens for equity.
Sam Altman makes ‘mic drop’ offer to every Y Combinator startup
Altman offered to have OpenAI invest in every single startup in this Y Combinator class: tokens for equity.
You don’t need to be an AI startup to raise. Lucra has $20M to prove it.
Slapping “AI” on your startup’s pitch deck is basically table stakes right now. When a founder raised $20 million from Cathie Wood’s ARK Invest for an eSports gamification loyalty startup withou…