Category: Apps
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Foster sisters explain why they haven’t invested in AI
Oversubscribed Ventures co-founder Sara Foster (above right) made a confession onstage on Monday at TechCrunch Disrupt 2024. “I don’t even have ChatGPT on my phone,” she said. It’s an unexpected comment from an investor, given that ChatGPT is arguably the most influential product to launch this decade. But what makes the Foster sisters different from…
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Despite risks, Vinod Khosla is optimistic about AI
Vinod Khosla has no doubts that humanity’s future with AI is bright. The Sun Microsystems co-founder turned prominent investor predicts that “the need to work will go away” almost entirely thanks to AI. “Almost all expertise, it doesn’t matter whether you’re talking about primary care physicians, mental health therapists, oncologists, structural engineers or accountants…
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Krafton backs IMM Investment’s first India fund
The Indian arm of gaming firm Krafton has backed IMM Investment’s first India fund as an anchor limited partner. Seoul-based IMM Investment, an early backer of Krafton and an investor in roughly half of South Korea’s unicorns, has marked the first close of the India fund, and has hired former Legend Capital partner Prakhar Khanduja…
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Emidat is building a tool to clean up construction by automating environmental reporting
Fixing the climate crisis is a vast, world-sized puzzle. But one particularly large piece of this ginormous conundrum is construction and real estate — which collectively amount for around 40% of global greenhouse gas emissions. Enter Munich-based data startup Emidat, which has built a software platform for automating the generation of validated Environmental Product Declaration…
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Infraspeak raises $19.5M to bring collaboration to facilities management
It might not be the sexiest of subjects, but facilities management is central to any business that has a physical premises — the bigger that footprint becomes, the more complex it gets. Portuguese startup Infraspeak has set out to address that with an all-in-one platform that gives facility managers and associated service providers insights and…
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Google, DPI back African fintech Moniepoint in $110M round
African fintech Moniepoint just closed $110 million in new financing, and it has landed Google’s Africa Investment Fund as a new investor. The Series C round was led by Development Partners International’s African Development Partners (ADP) III fund. Other investors, including African private equity firm Verod Capital and existing investor Lightrock also participated. Moniepoint, also…
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Threads is testing the ‘trending now’ view in Japan
After rolling out the trending topics feature in the U.S. earlier this year, Threads is now testing out the feature in Japan. “Lots of folks outside the US have been asking for the “Trending Now” feature, and we’re working on bringing it to more countries. This week, we’ll begin testing the feature in Japan with…
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Beyond the Hype: Building AI that Means Business
Join Iliana Quiñonez, Director of North America Startups Customer Engineering, in a thought-provoking conversation with a visionary founder navigating the frontier of AI. Together, they’ll explore the pivotal growth milestones that define successful startups. This insightful discussion will uncover the transformative potential and power of AI, offering valuable insights for leaders looking to stay at…
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How Advex creates synthetic data to improve machine vision for manufacturers
Data is pretty much everything when it comes to training AI systems, but accessing enough data to produce quality products that live up to their promise is a major challenge, even for companies with the deepest of pockets. This is a problem that Advex AI is setting out to address, using generative AI and synthetic…
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How family offices can get more startup exposure, with Eti Lazarian and Bruce Lee
Family offices have gotten increasingly active in investing in startups both directly and through their VC investors. But what are they looking for? While no two family offices are the same, this session with Elle Family Office Family Office Principle Eti Lazarian and Keebeck Wealth Management CEO & Founder Bruce Lee digs into family office…