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Search resuls for: "Left Lane Capital"


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The startup, Smartcat, just raised $43 million in Series C funding led by New York-based VC firm Left Lane Capital with Lead Edge Capital also participating. Smartcat previously raised a $4.5 million seed round in 2017, a $7 million Series A in 2018, and a $15 million Series B in 2020, according to PitchBook data. VC investment in AI startups is continuing to go gangbusters, topping out at a whopping $24 billion in the second quarter of 2024 — the biggest quarter for AI funding in recent years, according to Crunchbase. AdvertisementWhile some consumer and healthcare AI startups have raised eye-popping rounds, the tech is creating plenty of opportunities in the B2B space. Check out the six-slide presentation Smartcat used to raise $43 million in Series C funding.
Persons: , Smartcat, Ivan Smolnikov, Smolnikov Organizations: Service, Left Lane, Lead Edge Capital, Marbruck Investments, Chrome, Business Locations: New York, Koro, Smartcat
Edtech venture capital funding in 2023 may be on pace for its lowest annual total since 2016. The one exception to this edtech funding dropoff is in AI tools for education and upskilling. This puts the estimated total funding for 2023 at only $3.5 billion, the lowest annual total since 2016, according to HolonIQ. Additionally, there has not been a single edtech "mega round," or a startup funding round valued at over $100 million since 2022, with the exception of the Indian edtech unicorn Byju's $250 million fundraise this spring. Pujji and Mushin also indicated that AI edtech deals were the exception in this slowdown period.
Persons: VCs, It's, Vinny Pujji, Iynna Halilou, Leeor Mushin, Avalanche's Katelyn Donnelly, Mushin, they've, Chegg's, Cheggmate, Khan, Pujji Organizations: Left Lane Capital, Global, Bloomberg, Investors
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