Startups Weekly: Is Munchery the Fyre Festival of startups?

Munchery goes under, a new podcast documents the Theranos saga, experts explain direct listings and more.

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Sequoia-backed NEXT gets $97M as investment in logistics heats up

NEXT plans to use the investment to fill 150 positions in 2019, as well as complete the launch Relay, a new service targeting the “systemic congestion” at shipping ports.

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Startups Weekly: Will Trump ruin the unicorn IPOs of our dreams?

We explore the government shutdown’s connection to tech IPOs, recount the demise of a well-funded AR project and introduce readers to an AI-enabled self-checkout shopping cart in this week’s startups weekly.

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Report: Self-driving car startup Aurora is raising capital at a $2B valuation

Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “the Henry Ford of autonomous vehicles (AV).” The vote of confidence and big check from Hoffman, coupled with a team of deeply knowledgable AV entrepreneurs, has catapulted his company, Aurora Innovation, squarely into “unicorn” territory. Aurora, the developer of a full-stack […]

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AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]

View More AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]

View More AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla, Alfred Lin of Sequoia and Alex Taussig of Lightspeed are backers of Faire.

View More Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

China’s Infervision is helping 280 hospitals worldwide detect cancers from images

Until recently, humans have relied on the trained eyes of doctors to diagnose diseases from medical images. Beijing-based Infervision is among a handful of artificial intelligence startups around the world racing to improve medical imaging analysis through deep learning, the same technology that powers face recognition and autonomous driving. The startup, which has to date raised $70 […]

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In venture capital, it’s still the age of the unicorn

Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At the time, the piece defined […]

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Mexican venture firm ALL VP has a $73 million first close on its latest fund

Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced the close of its $150 million latest fund comes word from our sources that ALL VP, the Mexico City-based, early stage technology […]

View More Mexican venture firm ALL VP has a $73 million first close on its latest fund