OpenAI barrels toward IPO that may happen in September
A day after Elon Musk lost his lawsuit that threatened OpenAI’s structure, leadership, and finances, OpenAI is reportedly back to prepping for its IPO.
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Sam Altman makes ‘mic drop’ offer to every Y Combinator startup
Altman offered to have OpenAI invest in every single startup in this Y Combinator class: tokens for equity.
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Clouted wants to take the guesswork out of making short videos go viral
The video clipping startup raised a $7 million seed round led by Slow Ventures.
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Imperagen raises £5 million to use quantum physics, AI on enzyme engineering
Biotech company Imperagen announced on Thursday a £5 million ($6.7 million) seed round led by PXN Ventures, with participation from IQ Capital and Northern Gritstone.
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General Catalyst just led a $63M bet on India’s travel payments market
Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, said the deal doubles its valuation.
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Beauty booking startup Fresha hits $1B valuation with KKR backing
Beauty and wellness booking marketplace Fresha says it has raised $80 million investment from KKR’s Next Generation Technology Growth fund, KKR’s growth equity arm.
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Maka Kids is redefining kids’ screen time with a streaming app optimized for well-being, not engagement
Maka Kids is building a streaming app for children ages zero to six featuring content designed for healthy development. The startup has now raised $3 million in seed funding to scale its platform.
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This young startup is taking on a fragrance industry that hasn’t changed in almost half a century
Fragrance tech company Patina announced Thursday a $2 million raise from investors, including Betaworks and True Ventures.
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How VCs and founders use inflated ‘ARR’ to crown AI startups
Some AI startups are stretching traditional revenue metrics when talking about progress publicly. And their investors are fully aware.
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Peec, one of Berlin’s rising startups, more than doubled annualized revenue in months to $10M, sources say
Peec, which helps brands track their presence in AI searches, offers proof of a key trend among European startups.
