Content tagged with Startups

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How soap opera-TikTok hybrids became a billion-dollar business

Over the past few years, a new category of mobile apps has quietly exploded into a multi-billion dollar business. They’re called “micro dramas” — short-form, mobile-first scripted shows designed to be watched vertically on your phone. Think soap opera meets TikTok, complete with secret billionaire romances, disapproving werewolf mothers-in-law, and …

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Riding the GLP-1 boom, VITL lands $7.5M to overhaul cash-pay clinic prescribing

The number of med-spas, weight-loss clinics, and concierge practices where patients pay a membership fee for direct, often same-day access to physicians, has exploded in recent years. But while patients pay for these services out-of-pocket, providers still often rely on software built for traditional, insurance-based care. VITL, an 18-month-old startup, …

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Delve did the security compliance on LiteLLM, an AI project hit by malware

This is one of those Silicon Valley real-life episodes that seems pulled from the HBO satire show. This week, some really atrocious malware was discovered in an open source project developed by Y Combinator graduate LiteLLM. LiteLLM gives developers easy access to hundreds of AI models and provides features like …

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Mercor competitor Deccan AI raises $25M, sources experts from India

As demand grows for training and refining AI models, Deccan AI — a startup supplying post-training data and evaluation work — has raised $25 million in its first major funding round, with much of that work carried out by an India-based workforce of experts. The all-equity Series A round was …

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Doss raises $55M for AI inventory management that plugs into ERP

Enterprise resource planning (ERP) systems are often described as a company’s “central brain” because the software connects different departments — including finance, HR, and inventory — into a single database where everyone shares the same information. In recent years, a new crop of AI-powered ERP startups, such as Rillet and …

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BKR Capital raises $14.5M (so far) to invest in Black founders

Canada’s BKR Capital announced Monday that its Fund II has closed CA$20 million (around $14. 5 million), bringing it closer to its CA$50 million target. This fund is looking to back “high-growth technology companies led by founders from the Black community, building solutions for the future of work, living, and …

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Databricks bought two startups to underpin its new AI security product

With an overflowing war chest from its $5 billion raise that closed last month (not to mention billions in revenue), Databricks is acquiring. The company, best known for its cloud data analytics platform, announced on Tuesday that it was launching a new security product called Lakewatch. Lakewatch takes Databricks’ ability …

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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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