November 11, 2023
Meta reaches deal to sell VR headset in China after 14 year absence. Google wants to avoid scrutiny over secret Spotify app store deal. Humane AI Pin smart device announced as potential smartphone successor.
Big Fundings
Elucid raises $80M Series C for AI to predict heart disease and stroke risk
OrsoBio grabs $60M Series A for metabolic treatments
Other Notable Rounds
Arch banks $20M Series A to automate private investment operations
Eleos Health gets $40M Series B for mental health data platform
Noice scores $21M for livestreaming gaming platform
Snaptrude raises $14M Series A for construction collaboration software
Stability AI raises ~$50M from Intel for creative AI models
Tabnine hauls in $25M Series B for AI code completion tool
On the smaller end, startups like Betterleave, Cercle, Eilla AI, Flip AI, Forum, Ghost Autonomy, Greenlite, Lunar, Ozone, Pioneer, and Ridepanda brought in seed or early stage capital this week.
Exits & IPOs
Tumblr being absorbed into parent firm Automattic after years of losses
Omegle shutting down after lawsuit from sexual abuse survivor
Chinese EV maker Zeekr planning IPO
Fund News
Proliferation of new pre-seed funds emerging
People & Hiring
Comedian Sarah Silverman criticizes ChatGPT
Snap laying off some product managers
Data & Studies
Match may have won $300M+ in Google antitrust settlement
Study: Large language models can make reasoning opaque
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