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The startup news this week was quite routine-in positive sense: apart from a slight kerfuffle between Y Combinator and Google, there was no drama that affects the title. Only constant and business progress as usual.
Most interesting start stories of the week
With hypo, acquisitions and new launches, this week offers authentic reasons for optimism and rise. But don’t let yourself be transported either: we are not ready for Theranos 2.0.
Interesting archiving: Digital Consumer Bank Chime publicly presented one IPO this week. Among other numbers, the documents revealed that he paid about $ 33 million to the Dallas Mavericks as part of his marketing efforts.
Neon lights: Databrks is planning to spend about $ 1 billion to acquire Neon, a startup that builds an alternative Open Source to AWS Aurora Postgres, with the hope that their combined offers will allow customers to distribute more efficiently AI (whatever they are).
Capture the worm: The saving and startup of investments have acquired Earlybird, an investment donation platform for families, for an amount not disclosed. Earlybird will close and its co-founders will help build the acorns soon, the startup smart money app for children.
Lava of the bridge: AutoUnify, the latest startup that will come out of the Porsche partnership with Venture Studio Up.Labs, hopes to become the plaid of the automotive detail sale with an API that fills the communication gap between dealers and service shops on the one hand and producers and software suppliers on the other.
Friend or enemy: Google has launched its Futures Fondo AI, a new initiative that tries to invest in startups that use Deepmind tools. Also this week, Y Combinator has released a brief accusing Google of being a “single -line” who “struggled” the United States startup ecosystem.
Double use: British Startup Vertical Aerospace is working on an Evol hybrid-electric EVTOL plane that would use its position as the only European player in space, among the growing demand for defense solutions cultivated at home.
Are you kidding? According to reports, Elizabeth Holmes’ partner, Billy Evans, is trying to collect $ 50 million in funding for a new blood test startup with a shot that recalls Theranos “.
Most interesting VCs and financing news this week
The IA was once again a recurring theme in the shots of the startups that announced round this week, but these companies focus on a wide range of sectors and problems. In addition, there are new funding for Fintech and for startups based in New York.
Conferred: The Insurtech Fonda startup has collected a 120 million dollar series D, including $ 75 million in primary investments, for the launch of new products and subscription capacity.
AMD powered: Tensorwave based in Las Vegas has collected a $ 100 million financing round co-guided by magnetar and AMD Ventures for its data center infrastructure, which is mainly based on AMD hardware.
A step forward: Sprinter Health, a company that offers preventive health care services at home such as Blood Drass, has collected a 55 million dollar Serie B round led by General Catalyst.
Pan African: Egyptian Startup Nawy, the largest African proper platform, has ensured a series A from a $ 52 million led by Africa Partach and 23 million dollars in debt funding to support its Mena expansion. Morocco, Saudi Arabia and United Arab Emirates are his next markets.
Breakfast club: The AI sampling platform of rapid growth has collected a 43 million dollar Serie B at an evaluation of $ 250 million and launched a collaboration function for teams.
Fusion in a bottle: The spin -off of the University of Wisconsin Realta Fusion has obtained $ 36 million in new funding, which it plans to use to finalize the design of its reactor to the prototype of anvil.
Talking children: Hedra, a company that helps artists to produce podcasts with talking children generated by the AI, blocked in $ 32 million from A16z.
Fashionable: Doji, a startup that hopes to make attempts at virtual clothing both fun and social, has obtained a 14 million dollar seed round led by Thrive Capital that he will use to improve his AI Avatar.
Bigger Apple: The working company of the VC company focused on New York has collected $ 160 million for its fourth fund, which will support seed-stage founders who build corporate software.
Deeper: The co-founder and CEO of Mercury Imad Akhund has launched a 26 million dollar fund to support startups in the initial phase in a more formally compared to as an Angelo investor. The Fintech company was the last time at $ 3.5 billion in a March financing round.
Last but not least
The CIA officer transformed into an investor Eric Slesinger could be the only American VC that invests exclusively in European defense technology. In a recent episode of the strytlyvc download podcast, he told Techcrunch of the move probably prescient that led him to found 201 Ventures.
