A startup called Letta has just emerged from stealth with tech that helps AI models remember users and conversations. Created in UC Berkeley’s famed Labs startup factory, it also announced $ 10 million in seed money led by Felicis’ Astasia Myers, at a $ 70 million post-money valuation. Letta is also backed by a who’s […]
Zeno emerges from stealth to crib Tesla’s master plan for Africa and beyond
When Elon Musk published Tesla’s first “master plan” in 2006, it seemed a bit far-fetched that batteries would end up changing the automotive industry, much less global power production and consumption. Today, as electric vehicles continue to gain market share and massive batteries displace smoke-spewing power plants from the electrical grid, that notion seems less […]
Fei-Fei Li’s World Labs comes out of stealth with $230M in funding
Fei-Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $ 230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures. World Labs is valued at over $ 1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch […]
Waza comes out of stealth with $8M to power global trade for African businesses
Emerging economies face trade deficits that cause demand for the dollar, which dominates global trade to exceed supply. This imbalance raises costs and delays trade. In Africa, the problem is exacerbated by the shortage of tech solutions addressing the liquidity needs of large enterprises and multinationals, with many cross-border payment platforms opting to build consumer-facing […]
Linx emerges from stealth with $33M to lock down the new security perimeter: Identity
Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years. One of the main reasons it has become the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx […]