Latest from Marina Temkin
Venture
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, 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…
Startups
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…
Biotech & Health
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.
Fundraising
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.
Biotech & Health
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,…
Venture
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…
The company says it’s refocusing and prioritizing fewer initiatives that will have the biggest impact on customers and add value to the business.
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…
Startups
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…
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.
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…
Biotech & Health
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…
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…
Featured Article
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.
Asheem Chandna says he was so impressed with founder Bipul Sinha’s grit and tech, he led Rubrik’s $40 million Series B in 2015.
Venture
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same…
Biotech & Health
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture…
Although many students in the United States enter community colleges intending to transfer to four-year universities, only 16% of those students receive bachelor’s degrees within six years. But Campus, an…
Raising young kids who have been diagnosed with, or are suspected of having, ADHD can be challenging. Some children with this condition may have difficulties completing school work or grow…
Featured Article
HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal. This will be Rippling’s Series F…
When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. Two Chairs used technology — a proprietary matching algorithm…
Akamai Technologies is in advanced acquisition talks with Noname Security, an API cybersecurity startup, according to a people person familiar with the deal.
The 9-year-old Hinge Health offers a digital solution to treat chronic musculoskeletal (MSK) conditions and was last valued at $6.2 billion in October 2021.
Venture
Cendana, Kline Hill have a fresh $105M to buy stakes in seed VC funds from LPs looking to sell
Fund-of-funds investor Cendana Capital has joined with Kline Hill Partners for a new oversubscribed fund to buy out stakes from seed LPs looking for liquidity.
Startups
Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z
If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty…
