Reality Defender, one of several startups developing tools to attempt to detect deepfakes and other AI-generated content, today announced that it raised $15 million in a Series A funding round led by DCVC with participation from Comcast Ventures, Ex/ante, Parameter Ventures and Nat Friedman’s AI Grant. The proceeds will be put toward doubling Reality Defender’s…
Moving from one country to another is difficult in many ways, not the least of which involves starting over financially. Nova Credit, which started out as a graduate research project out of Stanford University about seven years ago, was founded to help immigrants overcome the obstacles of applying for things like apartments or loans with…
Investors have an appetite for databases, it seems. Today, ScyllaDB, a startup developing database tech for high-throughput, low-latency workloads, announced that it raised $43 million in a funding round led by Eight Roads Ventures with participation from AB Private Credit Investors, AllianceBernstein, TLV partners, Magma Ventures and Qualcomm Ventures. The new cash will be put…
Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than a half this year as investors marked their holdings largely in response to the dwindling market conditions. The startup, valued at $10.7 billion in a funding…
Web Summit, the big tech conference brand that runs events in several cities and whose 70,000 person flagship event in Lisbon is taking place next month, is running into a wall — a wall of outrage. Founders, investors and others from the technology community in Israel have gone ballistic over comments made by the founder…
Arjun Thyagarajan and Raghav Lal, the co-founders of fintech startup Solid, are pushing back on Series B investor FTV Capital, which filed a lawsuit against the company to get its $61 million investment back. Solid offers companies a way to provide their own financial products, for example, banking, payments and cards. At the time private…
Sarah Reed Contributor Sarah Reed is general counsel at RA Capital Management. It is fitting that, in their transition to adulthood, the National Venture Capital Association’s (NVCA) Model Legal Documents (the “Model Docs”) for venture capital financing transactions have not only undergone their most substantial revisions since inception, but also reflect the more relaxed vibe…
The state of the global venture capital market leaves much to be desired, and the United States hasn’t escaped the slowdown: PitchBook and the NVCA both reported that the “third quarter of 2023 nearly saw the lowest overall venture deal value in six years and the lowest deal count in roughly three.” In fewer words:…
Cincinnati, Ohio-based Pantomath, a data observability and traceability platform, today announced it raised $14 million in a Series A round led by Sierra Ventures with participation from Bowery Capital and Epic Ventures. The new capital will be put toward expanding Pantomath’s platform and workforce, according to founder and CEO Somesh Saxena, with a focus on…
Smartphone sales have had their worst quarterly performance in over a decade, a fact that raises two big questions. Have the latest models finally bored the market with mere incremental improvements? And if they have, what will the next form factor (and function) be? Today a deep tech startup called Xpanceo is announcing $40 million…