Collide Capital raises $95M fund to back fintech, future-of-work startups
Collide Capital, founded by Brian Hollins and Aaron Samuels, announced the close of a $95 million Fund II.
Collide Capital, founded by Brian Hollins and Aaron Samuels, announced the close of a $95 million Fund II.
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The deal is interesting for a number of reasons, including that SiFive’s chip designs are based on RISC-V, not x86 or ARM.
While many startups founded prior to the emergence of ChatGPT are struggling to position themselves for the AI era, Vercel, a 10-year-old dev tool and website hosting platform, is benefiting from the explosion of AI-generated apps and agents.
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Pillar hopes to offer sophisticated, institutional-grade tools to small and medium-sized enterprises. “Our goal is to make hedging as accessible and ubiquitous as payments or accounting software,” he said.
VCs are frothing at the mouth to write more checks to Anthropic at a valuation that matches or beats OpenAI’s.
Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies building AI.
AI infrastructure company Upscale AI is reportedly in talks to raise its third funding round since launching just seven months ago.