All articles tagged with #startup funding
Phoebe Gates, daughter of Bill Gates, is launching the AI startup Phia with about $185 million, stressing that its success should be earned on merit rather than family name as she pursues credibility in a competitive tech space.
A wave of AI startups, including Ricursive Intelligence and Recursive AI, aims to build systems that improve themselves—designing better chips and AI models with less human input—backed by hundreds of millions in venture funding, signaling bold bets amid concerns of an AI bubble.
A 19-year-old entrepreneur, Dhravya Shah, has developed Supermemory, an AI memory API that enhances long-term context understanding by extracting insights from unstructured data. The startup, backed by $2.6 million in seed funding from notable investors, aims to serve various AI applications by providing a high-performance, low-latency memory layer, positioning itself as a versatile tool in the evolving AI landscape.
AI is dominating startup investment in 2025, with over half of all VC money going into AI companies, primarily benefiting marquee firms like Anthropic, while overall startup funding has significantly decreased, creating a divide between AI and non-AI startups.
Gusto acquired Guideline for approximately $600 million, aiming to divest Guideline's accounts linked to rival payroll providers, potentially increasing investor returns. The deal follows Guideline's previous valuation of $1.15 billion and its profitable status, despite competitive pressures from rivals like Human Interest.
A new wave of 20-something entrepreneurs, many of whom dropped out of prestigious universities like MIT and Georgetown, are rapidly establishing AI startups in San Francisco, raising millions and leading teams, driven by a sense of urgency to innovate in the booming AI industry.
Bedrock Robotics, founded by ex-Waymo engineers, has launched with an $80 million funding round to develop self-driving kits for construction vehicles, aiming to automate and improve efficiency on construction sites, with testing underway in several states.
Melinda French Gates, despite her $30.8 billion net worth, refuses to fund her daughter's startup, emphasizing the importance of self-reliance and resilience for women entrepreneurs, and advocating for women to develop grit in a challenging funding environment.
Roon, a startup co-founded by Vikram Bhaskaran, Rohan Ramakrishna, and Arun Ranganathan, has raised $15 million to create a platform where doctors share video-based Q&As on various health issues, aiming to replace 'Dr. Google' and sites like WebMD. The platform offers over 16,000 videos on conditions such as ALS and PCOS, with plans to expand into women's health and other areas. While Roon hasn't yet monetized, it offers doctors an honorarium for participation and aims to empower patients with reliable medical information.
Eclipse, a Silicon Valley investment firm, has raised $1.2 billion for two new funds aimed at backing startups modernizing physical industries. The funds will bring the firm's total assets under management to $4 billion, with one fund focusing on young companies in manufacturing, supply chain, transportation, and electrification, while the other will back more mature companies.