venture capital
Stories tagged venture capital.
Collaborative Fund Buys Into D.C. United and Audi Field, the Latest VC to Enter Pro Sports
Collaborative Fund has taken a stake in the MLS club D.C. United and its Audi Field stadium, making it the smallest venture firm yet to follow Thrive Capital into professional sports ownership.
Cognition raises $2B at $48B valuation for AI coding assistant Devin
Cognition, the company behind the AI coding assistant Devin, has raised $2 billion at a $48 billion valuation, up sharply from a $26 billion round just four months earlier. The investment signals that venture capitalists believe the AI coding market can support several major players.
AI Assistant Instinct Books Hotel Rooms via Plain Text, Showing Travel What Frictionless Really Looks Like
Instinct, an invite-only AI assistant created by 23-year-old Noah Shinn, can book and rebook travel directly from a text thread, offering a concrete example of frictionless booking.
Vijay Pande's VZVC trades a16z scale for small, AI-driven bets
Former a16z biotech lead Vijay Pande has swapped a roughly $4 billion practice for a lean new firm, VZVC, where he plans just a handful of concentrated investments each year. He argues that open, shared datasets are key to unlocking AI's potential in medicine.
Travis Kalanick says only 1% of VCs are helpful, revisiting Uber board battle
After raising $1.7 billion for his robotics startup Atoms, Travis Kalanick is renewing his criticism of venture capitalists, estimating that just 1% are genuinely helpful.
Accel closes oversubscribed $550M India fund in weeks
Accel has closed a new $550 million India-focused fund, oversubscribed and raised less than two years after its previous $650 million vehicle.
Young founders face new pressures as AI lowers startup barriers
AI tools have made it easier for under-20 founders to build companies without Big Tech experience, but investors still demand massive outcomes and every misstep is now publicly dissected.
Why Cutting Horse Investor Is Passing on Prestige Skincare
Cutting Horse VP Jimmy Shen explains why the investment firm is avoiding prestige skincare, citing overcrowding, high customer acquisition costs, and a looming M&A bottleneck.
Halo Raises $7M to Launch Automated Braiding Assistant HaloBraid
Halo secured $7 million in seed funding to launch HaloBraid, an automated braiding assistant that aims to cut appointment times in half and expand access to braiding services.