Two years ago, Vishaal Mali, Kai Yin and Aiden Jenkins left their engineering jobs at Anduril’s futuristic, high-ceiling office to spend their days in a two-car garage building defense tech startup Salient Motion. For 15 hours a day, the three men soldered airplane parts together, huddled around a propane tank heater (the only source of […]
11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say
11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $ 50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $ 350 million, multiple sources told TechCrunch. The recent deal follows the company’s $ 24 million Series A, which was […]
Fal.ai, which hosts media-generating AI models, raises $23M from a16z and others
Fal.ai, a dev-focused platform for AI-generated audio, video, and images, today revealed that it’s raised $ 23 million in funding from investors including Andreessen Horowitz (a16z), Black Forest Labs co-founder Robin Rombach, and Perplexity CEO Aravind Srinivas. It’s a two-round deal. $ 14 million of Fal’s total came from a Series A tranche led by […]
Keith Rabois says Miami is still a great place for startups, even as a16z leaves
Keith Rabois, managing director of Khosla Ventures, was having dinner with a “very successful CEO” in October 2018 when the CEO asked him a question: How many people does it take to create a whole new Silicon Valley? Is it 10,000? 100,000? Rabois didn’t know, but he decided to accept the challenge and set about […]
Former a16z VC Balaji Srinivasan obtained a private island for his new longevity ‘technocapitalist’ school
Depending on your thoughts on the intersection of crypto and Silicon Valley’s libertarians, this is either a dream idea or an odd one: former a16z-investor Balaji Srinivasan has booked out an island in Singapore to create his own “Network School.” This is where he’ll run programs on crypto, longevity and what it takes to establish “a technocapitalist […]