Reading up on fundraising
7 deep · digging since feb 17
- ‘Partying With a Purpose’: The Dance Party Making Millions for Parks
A nonprofit-run dance party series under the Kosciuszko Bridge in Brooklyn has attracted over 350,000 attendees since 2022, generating millions for local park maintenance and open spaces.
- Anthropic Tops OpenAI to Become the World’s Most Valuable A.I. Start-Up
Anthropic surpassed OpenAI in valuation after a $65 billion fund-raising round, valuing it at $900 billion versus OpenAI's $730 billion.
- Rivian CEO’s Robotics Company Raises $400 Million - WSJ
Mind Robotics, founded by Rivian CEO RJ Scaringe, raised $400 million to develop AI-powered industrial robots, bringing total funding over $1 billion.
- Elton John’s Oscars Watch Party Attracts Alysa Liu, Dua Lipa and More - The New York Times
Elton John’s annual Oscars fund-raiser in West Hollywood gathered celebrities including Alysa Liu, Dua Lipa, Keke Palmer, and Donatella Versace for a private viewing party.
- Yann LeCun's AI startup raises $1B in Europe's largest ever seed round
Yann LeCun's AI startup raised $1 billion in Europe's largest seed round, signaling massive investor confidence in European AI ventures.
Takes
Are VCs dumb for investing in crazy $1B+ seed rounds?
@deedydas
Introducing Simile.Simulating human behavior is one of the most consequential and technically difficult problems of our time. We raised $100M from Index, Hanabi, A* BCV, @karpathy @drfeifei @adamdangelo @rauchg @scottbelsky among others. pic.twitter.com/lwEH6a6BYk
@joon_s_pk