Industry News

HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B

Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal.  This will be Rippling’s Series F and could raise its valuation […]

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Betaworks bets on AI agents in latest ‘Camp’ cohort

Betaworks is embracing the AI trend not with yet another LLM, but instead a clutch of agent-type models automating everyday tasks that nevertheless aren’t so simple to define. The investor’s latest “Camp” incubator trained up and funded nine AI agent startups they hope will take on today’s more tedious tasks. The use cases for many […]

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Bay Bridge Ventures is raising $200M for a new climate fund, filings show

Bay Bridge Ventures’ fundraising efforts come at a time when venture investors appear to be increasingly bullish on climate tech.

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Evolution Equity Partners raises $1.1B for new cybersecurity and AI fund

Evolution Equity Partners, a growth capital firm based in NYC, has raised $1.1 billion for a new cyber- and AI-focused fund.

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Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

Overall, 16% of Maven’s portfolio companies have reached a minimum $500 million exit or valuation, which is 10x industry average, the firm said.

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SOSV founder says climate investing is a ‘war effort’ as firm closes $306M fund

SOSV’s new fund makes it one of the largest pools of deep tech venture capital to be raised in recent years.

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Design firm Zypsy will do $100K worth of work for 1% equity for early-stage startups

Zypsy, a design firm with a track record of helping early-stage startups, has launched a new and somewhat unique venture investment program. It will be offering 10 startups up to $100,000 of brand and product design services, spanning 8 to 10 weeks of engagement, for no cash payment. Instead startups will pay by issuing Zypsy […]

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Two Chairs raises $72M Series C in equity and debt to scale its therapist network

When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. Two Chairs used technology — a proprietary matching algorithm — to find the best possible therapists for its clients, but treatments took place primarily inside one of the startup’s half a dozen stylishly designed […]

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OpenAI's DALL-E Edit Feature Shows How AI Won't Replace Your Photoshop Yet

Gizmodo tested DALL-E's new editing feature, but our trials showcased the limitations of AI image generators.

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Actually, Corporate Investment in AI Saw a Significant Drop in 2023

While last year was considered the peak of AI hype, a study of industry investment patterns tells a slightly…

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