Almost 90 new unicorns have been minted so far this year — here they are
With AI igniting an investor frenzy, more startups are achieving unicorn status every month.
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AI law startup Norm raises $120M, hits unicorn valuation
AI law startup Norm has raised a $120 million Series C round led by Khosla Ventures, valuing the startup at $1.2 billion.
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VC firm Chemistry is raising $500M for its second fund
Chemistry Ventures, the VC firm launched by Bessemer, Index Ventures, and Andreessen Horowitz alums, is raising $500M for its second fund.
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Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.
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Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups
For Paradigm, the technical frontier will stretch beyond its cryptocurrency investment roots. This fund is expected to expand its investment focus to include robotics and AI.
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Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
Nilekani remains Fundamentum’s anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.
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Paris-based AI voice startup Gradium raises $100M seed, backed by Nvidia
The company is using the cash to open an office in the Bay Area and compete for talent there, “strengthening its position at the heart of the world’s leading AI ecosystem.”
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Mercor is in talks for a $20B valuation
A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.
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Charles Hudson shares the common mistakes he’s seen after investing in 500+ startups
In this week’s episode of Build Mode, Isabelle Johannessen talks with Precursor Ventures’ Charles Hudson about the headwinds facing early-stage founders today and the most common mistakes founders should avoid in order to get funded.
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Apps | Fundraising | Social | Venture
Filing: College app Fizz accuses VC of sharing confidential startup information with rival Sidechat
Fizz has expanded its lawsuit against rival Sidechat, alleging that a Maveron VC shared its confidential information obtained during a fundraising meeting with the competing startup.
