News

Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised. The firm’s aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”

Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation over the course of the summer

Logistics platform TrucksUp has raised $8.2 million in a funding round at a post-money valuation of $42.3 million from institutional investors and family offices

Agentic AI startup Runable has raised $21 million in a Series A funding round co-led by Susquehanna Venture Capital and Nexus Venture Partners, with participation from existing investors Together Fund and Array VC.

Kenyan startup Flowt, an AI-driven financial intelligence platform that makes Africa’s climate-smart businesses investable, has closed an undisclosed pre-seed round of funding.

Legato is targeting people with mild to moderate hearing loss, which represents the largest segment of the hearing-loss population, the startup says.

Apple announced on Wednesday that its next launch event is taking place on September 9, with a “Surprise and Shine” tagline. The event is expected to be a notable one, as Apple is rumored to unveil its long-awaited foldable iPhone.

Capital F, one of the few all-female-led VC firms, announced Wednesday the $17 million close of its debut fund. The firm backs companies building in the “female economy” — or the markets where women drive demand.

There is something deeply moving about Dolly Parton that goes beyond her extraordinary music. For those of us who admire her, perhaps the most enduring part of her story is not the fame, the records, the awards or the wealth, but the person she remained after all of them.

South African startup Verascient has raised ZAR19.5 million (US$1.2 million) in funding to help companies build faster and more capable teams using AI.

South Africa-based solar energy and digital devices asset financier Yellow has raised an undisclosed amount of Series C funding to grow its customer base.

Sometimes the best way to meet investors, customers, and partners is by exhibiting directly on the Expo Hall floor at San Francisco’s Moscone West from October 13-15.