Firestreak Ventures

We are super proud and excited to announce that we have raised $18.15M from Creandum and Firestreak Ventures with the participation of our existing investors. Welcome to the Team Carl, Ellen, and Amir 💜 Let's move development to the cloud permanently ☁ Big thank you to the team, partners, and long-time backers who helped make this happen! Roman Frolov Jonas Zipprick Oliver Winkelmann Simon Pfeiffer Rendel Hijlkema Tim Schrodi Roxane Assumpção Bianca Vilhena Kenny Ho Barrett Le Alexander Voll 🟣 Alex Klein Nathanael Ruf Jay Byeun Michal Gornisiewicz Carlos Branco Jona Neef Nazım Ekici Joël Van Dijk Nils Seele Alexi Malikotsinas Ruslan Tisovsky Auke van Urk Alex Menn Saagar Bhavsar Florian Leibert Bardo Droege Moritz Zimmermann Thomas Wilke Alex Meyer Patrick Kürzer Aaron Stein Nino Messaoud René Döhring (... more in the first comment).

Led by Evolution Equity Partners with participation from Salesforce Ventures, a new investment will accelerate Oleria Security’s product development and go-to-market strategy. Pictured here is the all-star team of Oleria Co-Founder and CEO Jim Alkove (L), Evolution Equity Partners' Taher Elgamal (M), and Oleria Co-Founder and CPO Jagadeesh Kunda (R). Read the Businesswire press release https://lnkd.in/eUki7JRJ

Hey folks! Big shoutout to Kyle Wiggers and the amazing team at TechCrunch for featuring GigaML. They really nailed what we’re all about, and we're super pumped! Now, here’s where it gets exciting for all of you out there in legal, healthcare, and other data-sensitive industries. At GigaML, we’re all about keeping your data under your control. Our thing? Helping you deploy large language models (LLMs) right on your own turf – be it on your on-prem systems or your virtual private cloud (VPC). There is no need to send your precious data over to third-party cloud LLMs. Why does this matter? You get all the AI power without any of the privacy headaches. Whether it's sensitive legal cases or confidential patient info, your data stays with you. Safe, secure, and private. Wanna see this in action? Check us out at chat.gigaml.com. And if you're thinking, "Hey, this could work for us," just hit us up at varun@gigaml.com. We’re here to make AI work for you in the safest way possible. Big thanks again to Kyle and TechCrunch – you guys rock! Together, we’re taking AI privacy to the next level. https://lnkd.in/gDgYp2dM

New York-based Charm develops an open-source coding platform to read command markdowns while coding and has raised $6 million in new funding. Founded by Christian Rocha and Toby Padilla in 2019, Charm has now raised a total of $9.5M in equity funding and is backed by Cavalry Ventures, Firestreak Ventures, Fuel Capital, and Gradient Ventures. #fundingnews #technews #coding

🚀 Here's the regular weekly on the most interesting early stage activity across 🇪🇺 and 🇪🇺 VCs 👇 (& much more detailed write-up linked in the comments section 👀): 1️⃣ Qomodo 🇮🇹 (fintech)'s goal is to disrupt the payments sector by building out a host of solutions for offline merchants including b2b BNLP. 💰 Raises 34.5 mil. EUR pre-seed from Fasanara Capital, Octopus Ventures, Notion Capital, Plug and Play Tech Center Primo Ventures Lumen Ventures, Proximity Capital. 2️⃣ Langfuse (YC W23) 🇩🇪 (dev tools) is a Y-combinator startup based in Berlin that “equips dev teams with open-source observability and analytics tools to seamlessly bring LLMs into production”. 💰 Raises 4 mil. USD seed from La Famiglia, Lightspeed and Y Combinator 3️⃣ Daytona 🇭🇷 (dev tools) is an “enterprise-grade, secure, scalable, and standardized Development Environment Management platform”.  💰 Raises 2 mil. USD pre-seed from 500 Emerging Europe, Tiny Supercomputer Investment Company, Silicon Gardens & Firestreak Ventures 4️⃣ Prosper 🇬🇧 (fintech) launched by fintech veterans Ricky Knox; Prosper aims to disrupt the traditional wealth management propositions. 💰 Raises 3.2 mil. GBP pre-seed from a host of fintech 😇 angels including Tom Blomfield and Charles ▫️ Delingpole. 5️⃣ Integration.app (dev tools) is an "AI-powered Integration Stack for Your App". 💰 Raises 3.5 mil. USD seed co-led by Crew Capital and Cortical Ventures with participation from Seedcamp, Accel Starters 6️⃣ Due 🇬🇧 (fintech) is a global business payments platform using stablecoins and blockchain technology to bank businesses worldwide. 💰 Raises 2.7 mil. GBP seed from Semantic Ventures, Fabric Ventures, Speedinvest, Polymorphic Capital and BlockTower Capital.

So, how's your Tuesday (AI)? OpenAI 's Nov 30th launch, what to anticipate? what do you see in the list below of Investors? You may say, I see #A16Z, NVIDIA GV (Google Ventures) M12 - Microsoft's Venture Fund #SVAngel Sequoia Capital Khosla Ventures Nat Friedman Firestreak Ventures Elad Gil Madrona Venture Labs Coatue You may see the deal count (and you do), the stage they prefer to invest (and you do).... Did you notice that there are 2 individuals Nat Friedman & Elad Gil who together have made 13 investments? Actually these 2 are within the epi-centre of the investments in GenAI, LLMs, etc. And what's different here is that individuals are able to play against ' the usual suspects ' which include 1st Sequoia Capital . Actually this is the promise of AI, you are 1. Given the tech, you are 1000. Steve Jobs referred to Apple as a bicycle for the mind. Multi-modal Ai is the spaceship for the mind. If there are 1000 devs iterating, 10 are investable. 1 will observably succeed. Nov 30 will be (predictably) an enormous success. Sam has gotten really really good at consistently blowing our minds. 2 million devs 92% of S&P 500 100 M active users a week. Oh yeah. There was that coup attempt. Let's just forget about that now. Moving right along... Ai Chips, pumping. Check. Mobile phones, ubiquitous. Check. Internet connectivity, ubiquitous. Check. 8 billion people now mostly speak English. Check. What's next? Applications that are in sync with you. Let that sync in. Seems like 2 investors have figured this out Nat Friedman & Elad Gil Nov 30 will be like watching Elon's SpaceX launching. The fuel is there. The tech is being created. Sam Altman at the APEC conference with Laurene Jobs Apple Meta Google answered: ' such a leap forward, no one expected it ' Frankly no one is even close to OpenAI, rn. And from a marketing perspective he's made it so that the whole globe recognizes OpenAI as the benchmark. Choose your bets everyone. It's going to be a wild ride. Nov 30 is the next chapter. A day is a week, a week is a month, a month is a year. Chaos is a ladder. Invest your resources, wisely.

Very Excited to announce that we have been nominated for hottest AI startup 2023🔥🤖 in the Europas Awards 🌍🎉  With so many great nominees this year, we are honoured to be considered amongst them⚡ Voting is open from today and every vote for Ivy would be greatly appreciated, you can submit your votes here! 🚀🏆 - https://lnkd.in/deZBBT9q It's amazing to receive recognition as we journey on our mission to unify.ai 💪