vr Andreessen Horowitz Leads $68M Into Location-Based VR Startup Sandbox Sandbox VR brings players into empty rooms and transforms them into full-body virtual reality experiences using backpack PCs and haptic gear. The startup just raises a $68 million Series A led by Andreessen Horowitz to expand its scalable out-of-home VR arcades.
kite Kite Raises $17M to Advance AI-Powered Code Completion San Francisco startup Kite secures $17 million in funding to expand its machine learning-based code completion tool. The platform now allows developers to run its AI models locally without an internet connection.
urgent.ly BMW, Porsche, and Jaguar Land Rover Back Digital Roadside Startup Urgent.ly Major automakers invest $21 million in Urgent.ly, an app-based roadside assistance platform that replaces traditional membership models. BMW also signs on as a vendor partner to power digital assistance for its U.S. brands.
venture capital Top Startup Hubs Hold Steady As Utah And Pennsylvania Gain Ground A recent Crunchbase data analysis shows that the largest U.S. venture ecosystems are maintaining their dominance in seed and early-stage funding, despite rumors of a mass exodus to cheaper cities.
predictive index Workplace Analytics Firm Predictive Index Raises $50M to Build Better Teams The Predictive Index secures a $50 million growth round from General Catalyst to expand its behavioral assessment software. The funding supports the company's mission to help businesses win the talent war through strategic hiring.
brd Crypto Wallet BRD Secures $15M to Expand Into Asian Markets Mobile cryptocurrency wallet BRD raises $15 million in a Series B round led by SBI Crypto Investment to fund team growth and Asian expansion. The company currently boasts 1.8 million global users and $6 billion in stored digital assets.
sequoia india Sequoia India Launches Surge Accelerator to Fund Early-Stage Startups Sequoia India introduces Surge, a new accelerator program that invests $1.5 million in early-stage startups across India and Southeast Asia to solve early funding challenges.
sequoia india Sequoia India Launches Surge Accelerator to Fund Early-Stage Startups Sequoia India introduces Surge, a new accelerator program that provides $1.5 million investments to early-stage startups in India and Southeast Asia. The initiative aims to solve common regional founder struggles like being under-capitalized and over-diluted.
southeast asia VCs Forecast Funding Shifts and New Unicorns in Southeast Asia Venture capitalists in Southeast Asia predict a wave of new unicorns and potential market consolidation in 2019, despite looming concerns over late-stage capital and economic headwinds.
ai AI Startup Funding Booms Despite Murky Market Definitions Funding totals for AI startups grow year-over-year, but tracking the exact pace proves difficult due to inconsistent definitions of what actually constitutes an artificial intelligence company.
illinois Illinois Startups Maintain Strong Momentum After Record 2018 Illinois startups experience a record-breaking 2018 with nearly $2 billion in VC deals and notable acquisitions, while early 2019 already sees almost $100 million in new funding.
slack Slack Logo Controversy Overshadows Massive Startup Funding Rounds Venture capitalists keep busy with massive funding rounds for Rubrik and Knock, but a controversial Slack logo redesign steals the spotlight in this week's startup news.
transportation Cities Face a Bizarre and Beautiful Transportation Transformation Urban landscapes are experiencing a mobility revolution filled with scooters, autonomous vehicles, and flying cars. Policymakers face a massive challenge in regulating this chaotic but promising shift.
spell Spell Raises $15 Million to Make AI Hardware Accessible to All Developers Former Facebook engineer Serkan Piantino secures $15 million in Series A funding for Spell, a collaborative platform that provides easy access to powerful cloud GPUs for machine learning experiments.
squad Squad App Brings Mobile Screensharing to Casual Teen Hangouts A new app called Squad lets friends seamlessly share their phone screens during video chats, turning passive scrolling into a shared social experience.