Topic: company founding
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Runware Secures $50M to Simplify AI Image & Video Creation for Devs
Runware secured $50 million in Series A funding to simplify real-time AI media creation for developers, with its platform already powering over 5 billion creations for more than 100,000 users. The company differentiates itself with a unified API and custom AI inference infrastructure, offering co...
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From Nothing to Hoto and Fanttik: The Origin Story
Hoto was founded by Lidan Liu to reimagine home tools with a focus on aesthetics and user experience, starting under Xiaomi's incubator program before launching its own brand and achieving significant sales growth. Fanttik emerged from Aukey's restructuring after an Amazon ban, rebranding to focu...
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LiveKit Hits $1B Valuation After OpenAI Partnership
LiveKit secured a $100 million investment at a $1 billion valuation, reflecting high demand for infrastructure powering AI-driven voice and video applications. The company pivoted from an open-source project to a successful enterprise by offering a managed, cloud-hosted service to meet large corp...
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Teradar Secures $150M for Sensor That Outperforms Lidar and Radar
Teradar raised $150 million in Series B funding to advance its solid-state terahertz sensor technology, which combines radar resilience with lidar-like high-resolution imaging for long-range environmental perception in adverse weather. The company is collaborating with five major U.S. and Europea...
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Chai Discovery Raises $130M Series B at $1.3B Valuation
Chai Discovery secured $130 million in Series B funding, reaching a $1.3 billion valuation, with investment led by top venture capital firms. The company develops AI foundation models to predict molecular interactions and accelerate drug discovery, notably in *de novo* antibody design. Its latest...
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Gusto Acquires Guideline for $600M, Will Divest Rival Customers
Gusto has acquired Guideline for approximately $600 million, integrating its 401(k) services for small and medium businesses into Gusto's platform to expand its HR and payroll offerings. Guideline, founded by TaskRabbit co-founder Kevin Busque, simplifies retirement plan administration with a fix...
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Cohere Valued at $7B in New Funding, Partners With AMD
Cohere has raised an additional $100 million, increasing its valuation to $7 billion, and announced a strategic partnership with investor AMD. Cohere's Command AI models are now fully compatible with AMD GPUs, offering an alternative to Nvidia, and AMD will use these models internally. The compan...
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Swap Secures $100M Just 6 Months After $40M Round
Swap Commerce, an e-commerce tech firm, secured a new $100 million investment from DST Global and Iconiq, signaling strong investor confidence just months after a $40 million round. The company's AI-powered platform helps brands, particularly in luxury clothing, manage international sales by simp...
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