A group funded by Andreessen, Horowitz, and Brockman plans data center ads to sway midterms
Build American AI plans to lobby voters in select states about the virtues of data centers by spending millions of dollars on ads.
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a16z brings growth fund to $8.5B days after launching new $1.1B fund
Andreessen Horowitz held out its hand and returned with billions more in new funds to invest in startups.
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Capital F closes $17M debut fund with goal to back the future of the ‘female economy’
The firm backs companies building in the “female economy,” or the markets where women drive demand — women’s health, digital commerce, and AI tools.
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Fashion startup Atorie raises $9.5M to bring consumers luxury goods without the markup
Shoppers can visit the Atorie website and buy handbags or clothes made from the same material — and coming from the same factory — that manufacturers use in high-end goods.
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Will the DOJ’s investigation into a16z spook other VCs?
On the latest episode of Equity, we wonder why the DOJ is investigating startup board seats.
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Hugging Face reportedly in talks to be acquired for $13B
Hugging Face has reportedly been fielding acquisition offers that would value the company at around $13B. But with the founders’ feeling of responsibility to community, doubts arise as to whether a sale will happen.
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AI | Fundraising | Venture
Valor, Point72 back General Intuition at $6B valuation as AI startup pushes into robotics
General Intuition, the startup building a foundation model that trains generalized AI agents how to move through space and time, is in talks to raise at a $6 billion pre-money valuation from new investors including Valor Ventures, Point72 Ventures, and Seven Seven Six.
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Fiat Ventures combines venture and advisory divisions into new brand, raises $35M Fund II
In an environment where emerging fund managers struggle to attract LP attention, FGV is betting that a different venture model can help it lure LPs.
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How AI accounting startup Rillet raised $100M and became a unicorn in 48 hours
Rillet CEO Nicolas Kopp shared growth numbers at a board meeting and set off a fundraising frenzy from Iconiq, Sequoia and others. Without even trying.
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Early Cerebras investor Adit Singh joins Mayfield as infrastructure partner
At Mayfield, Singh will focus on semiconductor, cybersecurity, and physical AI investments.
