When Ironspring Ventures launched in 2020 to back startups in industrial sectors like construction and manufacturing, it was one of very few early-stage venture firms paying attention to […]
SoftBank ties up with Perplexity
After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal […]
Tempus soars 15% on the first day of trading, demonstrating investor appetite for a health tech with a promise of AI
Tempus, a genomic testing and data analysis company started by Eric Lefkosky, who previously founded Groupon, debuted on Nasdaq on Friday, rose about 15% on the opening The […]
Anterior grabs $20M from NEA to expedite health insurance approvals with AI
Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation […]
Billionaire Groupon founder Lefkofsky is back with another IPO: AI healthtech Tempus
Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly […]
Faircado raises $3M to nudge people to buy pre-owned goods
Thrift shopping is always a gamble. That cool shirt could wash out sooner than later, and there’s no knowing where those rugged jeans have been. Sure, some stores […]
VC fund performance is down sharply — but it may have already hit its lowest point
Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. […]
SafeBase taps AI to automate software security reviews
Entrepreneurs Al Yang and Adar Arnon met at Harvard Business School and quickly realized that they had an interest in common: cybersecurity. “We’ve witnessed an evolving business climate […]
Beehiiv attracts $32M to make its newsletter publishing platform more sticky
With the number of people using e-mail globally approaching 5 billion, newsletters delivered regularly into people’s inboxes continue to look like a sticky way of getting attention for […]
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, […]