Latest from Marina Temkin
Kleiner Perkins announces $2 billion in fresh capital, showing that established firms can still raise large sums
Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large funds. On…
Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz
Hebbia, a startup using generative AI to search large documents and return answers, has raised a nearly $100 million Series B led by Andreessen Horowitz, according to three people with…
Older adults increasingly want to age in their homes rather than nursing facilities. A study by the AARP (American Association of Retired Persons) found that nearly 90% of people over…
10 of the most exciting digital health startups of 2024, according to VCs
In the post-COVID world, VCs say it’s not as easy to get excited about investing in digital health. Deal activity in healthcare IT was relatively flat in Q1 2024 at…
Backed by David Sacks, Garry Tan and Walter Isaacson, Created by Humans helps people license their creative work to AI models
In 2024, it seems like no week goes by without a media organization, author group or artist suing generative AI companies for using their work to train models without permission.…
Khosla-backed Marble, built by former Headway founders, offers affordable group therapy for teens
Rates of depression, anxiety and suicidal thoughts are surging among U.S. teens. A recent report from the Center of Disease Control found that nearly one in three girls have seriously…
Ex-HubSpot exec builds an AI-powered CRM that learns for you, with $4M seed led by Sequoia
Christopher O’Donnell has hobbies. He likes music and playing guitar, but above all, he loves building software. Which is why three years after leaving HubSpot, he built Day.ai, a CRM…
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How Abridge became one of the most talked about healthcare AI startups
Ask any of the health-focused VCs to name one of the top AI startups and one name comes up over and over again: a company based in Pittsburgh called Abridge. And it’s a startup that launched before OpenAI was a household name and large language models (LLMs) entered the common…
Tempus rises 9% on the first day of trading, demonstrating investor appetite for a health tech with a promise of AI
Tempus, a genomic testing and data analysis company started by Eric Lefkofsky, who previously founded Groupon, debuted on Nasdaq on Friday, rising about 15% on the opening. The company priced…
Enveda raises $55M to combine ancient remedies with AI for drug discovery
For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version…
Foresite Capital raises $900M sixth fund for investing in life sciences companies
Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and…
Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund
Small VC firms require deep trust, mutual support and long-term commitment among the partners — a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and…
Anterior grabs $20M from NEA to expedite health insurance approvals with AI
Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by…
Eyebot raised $6M for AI-powered kiosks that provide 90-second vision exams without an on-site optometrist
Over half of Americans wear corrective glasses or contact lenses. While there isn’t a shortage of low-cost and luxury frames available online or in stores, consumers can only buy them…
Eko Health scores $41M to detect heart and lung disease earlier and more accurately
In 1816, French physician René Laennec invented an instrument that allowed doctors to listen to the heart and lungs. That device — a stethoscope — eventually evolved from a simple…
AI-powered virtual physical therapy platform Sword Health has seen its valuation soar 50% to $3 billion.
VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market
VCs are clamoring to invest in hot AI companies, and willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get…
Jasper Health, a cancer care platform startup, laid off a substantial part of its workforce, TechCrunch has learned.
Billionaire Groupon founder Eric Lefkofsky is back with another IPO: AI health tech Tempus
Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly $4 billion,…
Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult that even…
SeekOut, a recruiting startup last valued at $1.2 billion, lays off 30% of its workforce
The company says it’s refocusing and prioritizing fewer initiatives that will have the biggest impact on customers and add value to the business.
Agora raises $34M Series B to keep building the Carta for real estate
Since he was very young, Bar Mor knew that he would inevitably do something with real estate. His family was involved in all types of real estate projects, from ground-up…
Dietitian startup Fay has been booming from Ozempic patients and emerges from stealth with $25M from General Catalyst, Forerunner
For years, Sammy Faycurry has been hearing from his registered dietitian (RD) mom and sister about how poorly many Americans eat and their struggles with delivering nutritional counseling. Although nearly…
David Sacks reveals Glue, the AI company he’s been teasing on his All In podcast
VC and podcaster David Sacks has revealed a new AI chat app called Glue that fixes “Slack channel fatigue,” he says.
The fresh funds were raised from two investors who transferred the capital into a special purpose vehicle, a legal entity associated with the OpenAI Startup Fund.
Triomics raises $15M Series A to automate cancer clinical trials matching
For cancer patients, medicines administered in clinical trials can help save or extend lives. But despite thousands of trials in the United States each year, only 3% to 5% of…
Rad AI, a startup that helps radiologists save time on report generation, raises $50M Series B from Khosla Ventures
In 2017, Vinod Khosla told CNBC that the job “of the radiologist will be obsolete in five years.” While the founder of Khosla Ventures later revised that timeline to as…
Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures
When Itai Ben-Zaken’s first startup failed in 2018, the former BCG consultant and Wharton MBA spent months trying to understand what he could have done differently during the five years…
According to SEC filings, ICONIQ Growth has raised $5.21 billion across two funds affiliated with the Seventh Growth Fund Family. However, the firm’s original fundraising was $5.75 billion, according to…
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Haun Ventures is riding the bitcoin high
Haun Ventures has made 48 investments, including some of its token positions, across its early-stage $500 million and $1 billion later-stage acceleration funds.