Content tagged with Startups

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Accel, Prosus pick six ‘off-the-map’ startups for inaugural India cohort

Accel and Prosus have selected six startups for their first joint cohort in India, backing what they describe as “off-the-map” ideas — companies working on problems where markets are undefined and progress is difficult to measure. The inaugural cohort spans healthcare, climate, space, and longevity, reflecting a focus on science-led …

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A former Thiel fellow’s startup just launched a drone it says can replace police helicopters

When I speak to Blake Resnick, he’s walking around his drone startup’s newest office space in Seattle—a cavernous 50,000-square-foot facility that, Resnick estimates, won’t be fully set up until later in the year—potentially November. Still, the big (and for now, largely empty) building offers the promise of a fast-growing company …

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Startup Gimlet Labs is solving the AI inference bottleneck in a surprisingly elegant way

Stanford adjunct professor and successfully exited founder Zain Asgar just raised an $80 million Series A for a startup that solve the AI inference bottleneck problem in an astute way. The round was led by Menlo Ventures. The company, Gimlet Labs, has created what it claims is the first and …

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Vibe-coding startup Lovable is on the hunt for acquisitions

Lovable, the AI-powered app-building platform last valued at $6. 6 billion, is on the hunt for acquisitions. On Monday, the startup’s co-founder and CEO, Anton Osika, announced on X that the company was looking for “more great teams and startups to join Lovable. ” “Many of the people in key …

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Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund

Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by …

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Bengaluru food delivery startup Swish raises $38M, its third round in 18 months

Swish, a Bengaluru-based food delivery startup, has raised $38 million in a new funding round, as the 18-month-old company continues to draw investor interest for its 10-minute fresh food delivery service. The Series B round, led by Hara Global and Bain Capital Ventures, also saw participation from Accel, Stride Ventures, …

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Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

Delve, a Y Combinator-backed compliance startup accused of fabricating certifications for its customers, has disabled the “book a demo” feature on its website. The controversy, detailed last week in a Substack post by an anonymous whistleblower known as “DeepDelver,” has apparently led Insight Partners to scrub an article explaining its …

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Cursor admits its new coding model was built on top of Moonshot AI’s Kimi

AI coding company Cursor launched a new model this week called Composer 2, which it promoted as offering “frontier-level coding intelligence. ” However, an X user posting under the name Fynn soon claimed that Composer 2 was “just Kimi 2. 5” with additional reinforcement learning — Kimi 2. 5 being …

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Delve accused of misleading customers with ‘fake compliance’

An anonymous Substack post published this week accuses compliance startup Delve of “falsely” convincing “hundreds of customers they were compliant” with privacy and security regulations, potentially exposing those customers to “criminal liability under HIPAA and hefty fines under GDPR. ” Delve is a Y Combinator-backed startup that last year announced …

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AI startups are eating the venture industry and the returns, so far, are good

Well, the data is out. AI startups accounted for 41% of the $128 billion in venture dollars raised by companies on Carta last year — a record-high annual share. In a sense, though, we knew that. Investors last year were voracious in deploying capital to AI startups, to the point …

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