A lack of affordable housing is a growing problem worldwide, even in emerging markets with significant demand. That’s in part because traditional developers and real estate companies focus on serving people looking for luxury houses, and want to avoid the immense operating expenses associated with affordable housing, which eat into gross margins over time. Enter […]
Storyblok raises $80M to bring more AI into its ‘headless’ CMS aimed at non-technical people
If content is king, then the focus today is on how the king is expanding the empire: print and traditional media first got augmented by websites, and now websites are being augmented by an exponential landscape of apps, social media platforms, new kinds of screens, and content created not by humans, but by, artificial intelligence. […]
AI chip startup DEEPX secures $80M Series C at a $529M valuation
DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices. The company announced this week that it has raised $ 80 million (KRW 108.5 billion) in a Series C round at a valuation of $ 529 million (KRW 723 billion), which […]
Inclusivity-focused VC Ada Ventures pulls in $80M for second fund
UK-based Ada Ventures is an unusual VC. Instead of just talking about SaaS or AI, it hunts down founders addressing inclusivity and diversity. Instead of confusing LPs with this methodology, it’s attracted them, thus hitting the $ 80 million mark for the final close of its second fund (it reached $ 44.7 million as its […]
Techstars’ $80M partnership with J.P. Morgan is on the rocks, employees say
During a Zoom meeting with her senior leaders last summer, Techstars CEO Maëlle Gavet sat at a table, an open notebook in front of her, a laptop to her side, her arms crossed. An attendee had just asked her about the progress of the organization’s $ 80 million Advancing Cities Fund, which was raised through […]