Legendary VC firm Benchmark is breaking a two-decade tradition by raising $2 billion and launching its first-ever growth fund to address massive capital demands in sectors like AI.
Jasmine··1 min read
Despite Black founders reaching a three-year high in quarterly funding, the data shows capital is highly concentrated, and structural barriers for early-stage startups remain. The industry's reliance on network-based introductions makes it difficult for founders without existing connections to compete.
Jasmine··2 min read
OpenRouter has successfully raised $113 million in Series B funding to scale its AI model routing platform and optimize enterprise-level model scheduling.
Jasmine··2 min read
Katie Haun has raised $1 billion for new venture funds to continue supporting startups in the crypto and blockchain ecosystems, focusing on long-term infrastructure.
Leo··1 min read
Whoop has raised $575 million in Series G funding, pushing its valuation to $10 billion with backing from sports icons like LeBron James.
Jasmine··2 min read
Physical Intelligence is reportedly seeking a $1 billion funding round, potentially doubling its valuation to $11.2 billion, reflecting significant investor interest in embodied AI robotics.
Jasmine··1 min read
Google and Accel India's recent findings reveal that 70% of AI startup pitches are mere 'wrappers,' leading to a significant pivot toward funding deep tech innovation. This trend is mirrored in the enterprise sector, where AI projects are failing due to strategic and cultural gaps. The industry is moving away from speculative hype toward a more rational focus on proprietary technology and substantive business impact.
Jasmine··2 min read
Nvidia GTC 2026 kicks off with Jensen Huang’s keynote as the private AI sector sees a massive valuation surge. Startups like Rox AI and Wonderful have reached unicorn status ($1.2B and $2B) within months of founding, highlighting investor focus on AI-native enterprise solutions.
Jason··2 min read
British AI infrastructure startup Nscale has raised $2 billion at a $14.6 billion valuation, with backing from Nvidia. High-profile figures Sheryl Sandberg and Nick Clegg are joining the board. This massive investment comes as the venture capital industry debates whether AI will eventually automate investment decisions, highlighting the strategic value of hardware layers.
Jason··2 min read
The AI boom is driving a surge in physical infrastructure, leading developers to use remote 'man camps' for data center construction workers. Simultaneously, the venture capital industry is facing disruption as AI agents begin to automate investment decisions traditionally based on human intuition. These shifts mark AI's transition into a heavy industrial and automated financial force.
Jasmine··3 min read