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Top related persons:
Andreessen Horowitz - 2 It's - 1 upstarts - 1 VCs - 1 Kara Burney - 1 Arthur Leopold - 1 Leopold - 1 Agentio - 1
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Web3 Silicon North America Paris New York City San Francisco
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Ventures - 2 PitchBook - 1 Business - 1 Abstract Ventures - 1 Founders Fund - 1 Silicon Valley Bank - 1 Craft Ventures - 1 AlleyCorp - 1

Search resuls for: "Abstract Ventures"


4 mentions found


☆ These 16 creator startups raised millions of dollars in 2023 despite a 'brutal' fundraising landscape
  + stars: | 2023-11-27 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com   time to read: +3 min
It's been a challenging fundraising year for creator-economy startups. Some creator upstarts have still managed to raise millions of dollars in 2023 despite constraining macroeconomic conditions. Link-in-bio upstart Hype in April announced it had raised a $10 million Series A. "We knew going into it that we are fundraising in arguably the most challenging fundraising environment in recent times," said Arthur Leopold, cofounder of the creator-marketing platform Agentio and a former president at Cameo. The funding ranged from a few million dollars to as much as $70 million for one startup.
Persons: It's, upstarts, Andreessen Horowitz, VCs, Kara Burney, Arthur Leopold, Leopold, Agentio, Steven Galanis, YouTuber Cody Ko, PitchBook Organizations: PitchBook, Business, Abstract Ventures, Founders Fund, Silicon Valley Bank, Craft Ventures, AlleyCorp Locations: Web3, Silicon, North America
☆ The wildest deal in tech right now is about to turn 6-month-old LLM startup Mistral into a $2 billion unicorn, sources say
  + stars: | 2023-11-01 | by ( Callum Burroughs | Riddhi Kanetkar | Tasmin Lockwood | ) www.businessinsider.com   time to read: +3 min
Mistral, a tiny AI startup that aims to be Europe's answer to OpenAI, is in discussions to raise a major round of funding that could push its valuation above $2 billion. Its cofounders are in talks with venture capital firm Andreessen Horowitz to raise further funds, seven sources familiar with proceedings told Insider. Mistral is set to raise around $400 million at a valuation of at least $2 billion, which could rise to as high as $2.5 billion, three sources said. The deal is not yet finalized and the round size, valuation figures, and participants could still change. Andreessen Horowitz, General Catalyst, Mistral, Abstract Ventures, and Bezos Expeditions did not respond to Insider's request for comment.
Persons: Andreessen Horowitz, Catalyst, Arthur Mensch, Guillaume Lample, Timothée Lacroix, Jeff Bezos, Xavier Niel Organizations: Mistral, Meta, DeepMind, Bezos Expeditions, Amazon, Catalyst, Ventures, Lightspeed Venture Partners Locations: Paris
☆ AI startup Grit raises $7 mln to automate software maintenance
  + stars: | 2023-08-15 | by ( Anna Tong | Thomson Reuters | Anna Tong Is A Correspondent For Reuters Based In San Francisco | ) www.reuters.com   time to read: +1 min
Aug 15 (Reuters) - Artificial intelligence code cleanup startup Grit has raised a $7 million in a seed round, the New York City-based startup said on Tuesday. Founders Fund and Abstract Ventures led the round, with participation from Quiet Capital, 8VC, A* Capital, AME Cloud Ventures, SV Angel, Operator Partners, CoFound Partners, and Uncorrelated Ventures. Grit provides an AI-powered product that automates software maintenance, traditionally a manual and frustrating task for software engineering teams, particularly for large enterprises with antiquated code bases. For example, when new versions of software come out, engineering teams can spend months updating their code to work with the new software version, which Grit uses AI to entirely automate, said the company’s CEO Morgante Pell. In one case, a software project that was supposed to take six months was shortened to one week using Grit, he said.
Persons: Morgante Pell, “, John Luttig, Anna Tong, Tomasz Janowski Organizations: New, Fund, Ventures, Quiet, AME Cloud Ventures, SV Angel, Partners, CoFound Partners, ”, Reuters, “, Thomson Locations: New York City, San Francisco
☆ The CEO of Capital, formerly Party Round, dishes on the strategy behind its rebrand — and why the company's ambitions have grown beyond being just a tool for startup fundraising
  + stars: | 2022-10-14 | by ( Emilia David | ) www.businessinsider.com   time to read: +3 min
Party Round is now Capital and will offer more features beyond fundraising capabilities. Party Round, the fundraising app for startups, has rebranded as Capital, expanding its services beyond a tool to raise cash. Jordi Hays, Capital CEO, said the rebrand was really tied to the company's expanding vision to support other startups as they built Party Round with the idea of becoming a sort of neobank. But now, once they've begun fundraising, Capital can issue a virtual Visa debit card to users so they can start using the cash they just received. Capital has a long history with NFTs; Party Round went viral in 2021 after it launched NFT versions of top VCs.
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