Fundraising

Permanent wants to permanently change where commercial buyers get their food

During COVID-19, Wiley Webb embarked on a year-long trip with his wife to try to figure out the most pressing issues in the food system. He talked to people at more than 70 farms and consistently heard that they wanted more buyers. Large buyers told Webb they wanted to find these farm suppliers but couldn’t […]

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Femtech startup Perelel is acquiring Founders Fund-backed sexual health startup LOOM

Women’s health company Perelel announced on Wednesday the acquisition of LOOM a women’s educational health platform, for an undisclosed amount. LOOM’s founder Erica Chidi will join Perelel as a strategic advisor.  Chidi co-launched LOOM in 2017 as an in-person experience, offering women educational content about reproductive and sexual health education. By 2020, it expanded into

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Eon emerges from stealth with $127M to bring a fresh approach to back up cloud infrastructure

A team of founders who sold their last company to Amazon to build a new business within AWS is setting out to reinvent the tricky business of backing up an organization’s cloud infrastructure. Today, Eon — as their new startup is called — is coming out of stealth with a product, a set of customers,

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Sequoia backs Pydantic to expand beyond its open source data-validation framework

A U.K.-based, open-source startup is launching its first commercial product with the backing of one of Silicon Valley’s most renowned venture capital firms. Pydantic on Monday launched an observability platform called Logfire, five months after trialing it in open beta, and announced $12.5 million in Series A funding led by Sequoia. However, the company is

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11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say

11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark

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Prepared, which wants to ‘revolutionize’ emergency 911 calls, raises $27M

A company that claims its tech can “revolutionize” emergency calls has raised $27 million in a Series B round led by Andreessen Horowitz. The company, Prepared, enables 911 dispatchers to get a caller’s real-time GPS location if their phone supports it. Via Prepared, dispatchers can also receive and respond to texts and images, and —

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13 companies from YC Demo Day 1 that are worth paying attention to

Famed Silicon Valley startup accelerator Y Combinator on Wednesday kicked off its two-day “Demo Day” event that showcases what the most recent YC batch, S24, companies are building. Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and settlements, Elayne; automating clinical trial data, Baseline AI;

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Toyota Ventures on the hydrogen plateau and the IRA funding crutch

Toyota Ventures started in 2017 to help startups figure out what the future will look like, with an eye towards ensuring Toyota as an automaker and brand would stay at the forefront of innovation.  While the firm initially targeted mobility startups, the crossover into climate tech was a natural progression. Today, Toyota Ventures has over

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Raycast raises $30M to bring its Mac productivity app to Windows and iOS

Anyone who works at a computer for eight-plus hours a day will likely know that the amount of tools and “context switching” required to stay productive can be overwhelming. “Where did I put that file?” “How do I manage all my Bluetooth devices?” “How quickly can I switch from my to-do list, to my GitHub,

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