Startups

Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

Venture /

Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I.  Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing […]

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Medium’s CEO explains what it took to stop losing $2.6M monthly

Venture /

Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In the post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other

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How a data processing problem at Lyft became the basis for Eventual

Fundraising /

When Eventual founders Sammy Sidhu and Jay Chia were working as software engineers at Lyft’s autonomous vehicle program, they witnessed a brewing data infrastructure problem — and one that would only become larger with the rise of AI. Self-driving cars produce a ton of unstructured data from 3D scans and photos to text and audio.

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Uptime Industries wants to boost localized AI usage with an ‘AI-in-a-box’ called Lemony AI

Enterprise /

Uptime Industries is taking a bet on on-premise AI infrastructure with an “AI-in-a-box” handheld device called Lemony AI. The size of a sandwich, Lemony AI can supposedly run a large language model (LLM), AI agents and AI workflows all on one node. Each Lemony requires only 65 watts of power to run, the equivalent of

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XRobotics’ countertop robots are cooking up 25,000 pizzas a month

AI /

XRobotics thinks it has cracked the code on getting pizza restaurants to adopt robotics. The San Francisco-based robotics company built a countertop robot called xPizza Cube, which is roughly the size of a stackable washing machine, and uses machine learning to apply sauce, cheese and pepperonis to pizza dough. The machines, which lease for $1,300

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Adaptation Ventures is a new angel investor group focused on disability and accessibility tech

Venture /

The global assistive technology market was valued at more than $22 billion in 2023 and is projected to grow substantially by 2030. Despite the potential market size, many founders building tech to help people with disabilities struggle to secure the kind of early funding needed to get their companies off the ground in the first

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AllTrails debuts $80/year membership that includes AI-powered smart routes

Apps /

AllTrails, the hiking and biking companion that was named 2023’s iPhone App of the Year, is launching a new premium membership called “Peak” that includes an upgraded feature set. This $80-per-year subscription will introduce AI tools to build custom routes, real-time trail condition forecasts, trail traffic heatmaps, and a feature that lets you identify trees

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The Greek revival you’re not watching (but probably should be)

Government & Policy /

Much of the world isn’t paying close attention to Greece right now. That may be a mistake. Best known for its stunning islands, sun-soaked cities, and deep historical roots, Greece has been quietly laying the foundation for something far less expected: a modern, resilient tech economy. While the international spotlight often misses it, something real

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