venture

Sugar Free Capital raises $32M inaugural fund to back early-staged MIT founders

Sheena Jindal is from Boston.  She grew up there, attended MIT, and worked at the Boston Consulting Group for several years. She launched a startup, worked at a startup, and then became an investor at Bessemer and Comcast Ventures (CV).  Last year, her worlds collided when she decided to launch her own fund, Sugar Free […]

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A new search engine raises $1.1M to let obsessive fans dive down internet rabbit holes

Zehra Naqvi, 26, grew up as an obsessive fan girl in the 2010s.  This was the era of Tumblr and Twitter. She would stay up all night breaking down the release dates of Marvel movies or analyzing the movements of One Direction members. She eventually gained a collective 250,000 followers across the two platforms.  “Those

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OpenAI is the world’s most valuable private company after private stock sale

OpenAI has sold $6.6 billion in shares held by current and former employees, according to a new report from Bloomberg. The sale pushed OpenAI’s total valuation to $500 billion, the highest ever achieved by a privately held company. Purchasers included SoftBank, Dragoneer Investment Group, Thrive Capital, MGX, and T. Rowe Price, the report said. The

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AI company Superpanel raises $5.3M seed to automate legal intake

For Julien Emery, the problem has always been personal.  He’s the CEO and co-founder of Superpanel, a platform that helps law firms seamlessly onboard new clients.  He listed emotional encounters with the law: As a Canadian, he found access to legal help hard and expensive; he also recalls his mother in a car accident, and

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VC firm Insight Partners says thousands of staff and limited partners had personal data stolen in a ransomware attack

Venture capital firm Insight Partners has notified thousands of people, including the firm’s limited partners, that their personal information was stolen by hackers in an earlier data breach. In a statement on September 4, the VC giant said it completed its review earlier in August following its data breach, which it described as a “social

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Vibe coding has turned senior devs into ‘AI babysitters,’ but they say it’s worth it

Carla Rover once spent 30 minutes sobbing after having to restart a project she vibe coded.  Rover has been in the industry for 15 years, mainly working as a web developer. She’s now building a startup, alongside her son, that creates custom machine learning models for marketplaces.  She called vibe coding a beautiful, endless cocktail

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VC giant Insight Partners notifies staff and limited partners after data breach

Venture capital firm Insight Partners says it has completed notifying a number of individuals, including the firm’s limited partners, whose personal information was stolen by hackers in a January data breach.  In a statement late last week, the company said it completed its review in August following the data breach, which it described as a

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