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Whatnot Hit $20 Billion Without an AI Slide
A live-shopping app selling sneakers and Pokemon cards just outraised half the AI startups this summer. Here is what that tells you.
13 hrs ago
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Spencer Gareiss
1
Yellow Card: The Stablecoin Company Betting Against Its Own Business
The most interesting fintech round of the month came from Standard Chartered's venture arm, not a crypto fund. And the CEO just described the future…
16 hrs ago
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Spencer Gareiss
1
AI Attackers Won 88% of the Time. Corma Raised $60M to Flip That.
The same models that are great at breaking in are lousy at keeping others out. Sequoia just funded the defense.
Aug 11
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Spencer Gareiss
1
The Startup Bank Raising $1.5 Billion Is Betting on What Comes Next
Erebor isn’t just rebuilding Silicon Valley Bank. It’s betting on the industries that need a different kind of bank.
Aug 10
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Spencer Gareiss
2
India’s AI Funding Is Heating Up. That’s Not the Story.
Two fresh rounds show where the next wave of venture capital is actually going.
Aug 10
A Year Ago LifeMine Cut to Survive. This Week It Raised $188M.
Bezos and Gates just backed a biotech that got lean enough to still be standing when the money came back.
Aug 9
Moove Raised $250M Without Building a Single Self-Driving Car
The $2.1 billion bet isn't on the robotaxi. It's on whoever owns and runs the fleet.
Aug 8
1
The $7.87 Billion Company That Doesn't Make a Single Weapon
Hadrian just raised $1.37 billion to fix the least glamorous problem in defense: actually building the stuff.
Aug 7
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Spencer Gareiss
1
This Week in Startups: 5 Rounds, $2.5B, and a Bet on the Physical World
Nuclear reactors, home batteries, and AI-run mines got funded. The pattern says more than any single deal.
Aug 7
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Spencer Gareiss
2
Base Power Sells Backup Batteries. What It's Really Buying Is Optionality.
Zach Dell's energy startup just raised $1 billion at a $13 billion valuation. The batteries are the cover story.
Aug 6
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Spencer Gareiss
2
Base Power Sells Backup Batteries. What It's Really Buying Is Optionality.
Zach Dell's energy startup just raised $1 billion at a $13 billion valuation. The batteries are the cover story.
Aug 6
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Spencer Gareiss
3
Valar Atomics raised $1B led by Sequoia after its reactor powered an Nvidia chip.
Valar Atomics powered an Nvidia chip off a nuclear reactor. The smart money is done pretending AI's bottleneck is compute.
Aug 5
1
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