Cortex, cofounded by Ganesh Datta and Anish Dhar, raised $60M in new funding, led by Scale Venture Partners, Cross Creek, Alpha Square Group, Sequoia Capital, Y Combinator, and others! With this new infusion of capital, the company is looking to grow developer awareness around IDPs further and invest in their platform capabilities with enhanced workflows, engineering intelligence, user interface, and of course, AI. Read the announcement in the news section on collaborateandelevate.com
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🚀 Thrilled to Announce: $24M Series A Funding Led by Khosla Ventures 🚀 with participation from existing investors Fusion Fund, Surface Ventures, Emergent Ventures, and Berkeley SkyDeck Fund. Today marks a monumental milestone for Loft Labs as we secure $24 million in Series A funding. This investment underscores our rapid growth and the groundbreaking work we're doing with vCluster and DevPod. Our journey is just beginning, and this funding will fuel our mission to revolutionize platform engineering, making development workflows more efficient and cost-effective. A big thank you to our investors, customers, and the relentless Loft team. The future is bright, and we are just getting started. Read the blog by Loft CEO Lukas Gentele >> https://lnkd.in/gPB5Jkiv #LoftLabs #Growth #Innovation #SeriesAFunding #PlatformEngineering #vCluster #DevPod #gpu #gpus #ai #genai
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💰 Semantic Layer raises $3M in a Seed funding round led by Figment Capital. Other investors in the round include Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Perridon Ventures and Anagram. #SemanticLayer is bringing better incentive alignment and native scaling to #dApps deployed or looking to deploy on #Ethereum. Semantic Layer makes the meta transaction programmable, enabling customized #MEV distribution and native scaling for protocols. 👉 https://lnkd.in/dBVKkx5c
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💰 Infinit raises $6M in an undisclosed funding round led by Hashed, Electric Capital and Mirana Ventures. Other investors in the round include Robot Ventures, Bankless Ventures, Maelstrom, Faction VC, Nomad Capital, Selini, Presto and Tangent. #Infinit is a DeFi Abstraction Layer that simplifies the process of launching and scaling #DeFi ecosystems across various blockchains, including #Layer1, #Layer2, and modular chains. 👉 https://lnkd.in/dyixFS4Z
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The need-to-know on venture capital with Hussein Kanji, Hoxton Ventures! 🎬 Hussein joined us for a conversation at SuperVenture 2024 to share his VC journey, the fusion of technology and humanities, responsible investing, European startup advantages and the future of AI. Access his insights by watching the full interview here: http://spr.ly/6047YjSCc #SuperVenture #VC #technology #investing #AI
Click the link above to hear more!
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The only way to disrupt incumbents is to innovate on business model or technology. Venture capitalists have forgotten that this idiom applies to our own industry too. It's time for the revolution. #venturecapital #genzvc #investing #startup
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Fundraising Wave of the last 3 months has been extremely interesting. Players like Team8, Ubiquity Ventures, Black Tech Nation Ventures, Inspired Capital, and Dawn Capital over in Europe and others from various regions and sectors and gearing up for our new world we are stepping into. Growth Capital firms like Summit Partners, Thoma Bravo, TPG are extending their reach and establishing their power of influence in areas they haven't tapped into as much before. Deployment of some serious capital into Glean, Overjet, Bugcrowd, Clumio, Figure, Kore.ai in both new and revamped getting a piece of the pie... #investing #vcfunding #privateequity #growthcapital #tech #techcommunity #techinnovation #ai
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“Voice AI applications will unlock $10B of new software TAM over the next five years” - Bessemer 🎙️ In my latest article on VC Cafe, I explore how Voice AI is reshaping everything from entertainment to customer service, with a focus on what this means for venture capital. It is based on research by Lightspeed Bessemer Venture Partners, Andreessen Horowitz and others. Read more: The Booming Voice AI Landscape - A VC Perspective (link in the first comment 👇)
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FullyRamped is a very interesting use of AI. Many companies I’ve talked to are trying to automate the entire sales process with AI, often to protests from disgruntled prospects who have to constantly wade through bots clogging all channels of communication. There’s (still) a need for a human touch in a lot of sales, and the idea of having voice AI as a “coach” with practice prospects is something that can help all sales teams.
I'm thrilled to announce the latest news about FullyRamped and very thankful to Forbes for covering the announcement. We raised $2.3m led by BoxGroup, MaC Venture Capital, NOMO Ventures, and other early believers. In an era where many are rushing to automate customer interactions, we see the world differently. We believe that voice AI will help companies develop their human capital, not replace it. Read --> https://lnkd.in/ezhm9JCC
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