DCVC

AI chip startup Mythic rises from the ashes with $13M, new CEO

Mythic, an AI chip startup that last November reportedly ran out of capital, rose from the ashes today with an unexpected injection of fresh funds. Mythic this morning announced that it closed a $13 m

Turning waste water into water that works with Alex Rappaport from ZwitterCo

Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca are joined by Alex Rappaport, the CEO and co-founder of ZwitterCo, a startup that develops technology t

Recycleye grabs $17M, calling plastic crisis a ‘tremendous business opportunity’

Highlighting the plastic industry’s infamous track record on recycling, London-based Recycleye says it raised $17 million in new funding led by “deep tech” investor DCVC. The startup

Rill wants to rethink BI dashboards with embedded database and instant UX

The founders of Rill first got into databases a decade ago when they started a company called Metamarkets, which was eventually snapped up by Snap in 2017. While at Metamarkets, the company built a da

Zap Energy nets $160M Series C to advance its lightning-in-a-bottle fusion tech

Zap Energy has reached two milestones that could nudge it ahead in the race to offer low-cost, carbon-free energy — a $160 million Series C round, and a successful test of a prototype fusion reactor

3 climate tech VCs share how they find, vet and support carbon-slashing startups

Three investors active in the space joined me on stage at TC Sessions: Climate 2022 this week in Berkeley to share why they’re in it for the long haul.

Apply to pitch your startup at TC Sessions: Climate

The climate crisis is here. As the stakes rise with the temperature, a wide range of startups are striving to help humanity slash emissions and adapt to extreme weather. If you’re an early-stage

Foursquare founder banks funding for mystery 3D social network startup

The excitement around web3 and the metaverse have pulled plenty of entrepreneurs who defined the first generation of native mobile apps to begin questioning what’s next. Foursquare founder Denni

As it brings its bipedal robots to market, Agility announces a $150M round

Yesterday, Amazon announced that Agility Robotics is one of the five initial startups benefitting from the company’s $1 billion innovation fund. If I had to guess, I’d say that meant the retail gi

Unlearn.AI, a startup developing a ‘digital twin’ service for clinical trials, raises $50M

The idea of digital twins — digital representations of humans built with computer models — for medical research is gaining traction in private and academic sectors. With predictive simulat

Petra emerges from stealth with $30M raised for tunnel-boring robot, Swifty

Petra emerged from stealth this week, announcing a $30 million Series A. The round, led by DCVC, brings the robotics company’s funding up to $33 million, with additional participation from ACME Capi

DCVC Partner and space explorer Chris Boshuizen is coming to TC Sessions: Space 2021

For now, we can still say that the number of people who’ve been to space is vanishingly small. But with the new pace at which Blue Origin is sending private citizens up, that might not be the ca

Pivot Bio rakes in $430M round D as modified microbes prove their worth in agriculture

Pivot Bio makes fertilizer — but not directly. Its modified microorganisms are added to soil and they produce nitrogen that would otherwise have to be trucked in and dumped there. This biotech-power

Uber’s first head of data science just raised a new venture fund to back nascent AI startups

Kevin Novak joined Uber as its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by

A new book aims to blow up assumptions about the best founding teams

There’s a lot of how-to guidance out there when it comes to starting a company, and much of it has reinforced certain beliefs, including that solo founders don’t get very far on their own,

Carbon Health raises $100 million with plans to expand pop-up clinics ahead of COVID-19 vaccination programs

Carbon Health has raised a $100 million Series C funding round, led by Dragoneer Investment Group and including participation from prior investors Brookfield Technology Partners, DCVC and Builders VC.

Bipedal robot developer Agility announces $20M raise

Agility, the Oregon State University spin-off behind Digit and Cassie, announced this morning that it has raised $20 million in funding. The latest round, led by DCVC and Playground Global, brings the

Point72, the firm investing hedge fund mogul Steven A. Cohen’s personal wealth, gets into healthcare

Point72 Ventures, the early-stage investment firm that’s now solely investing the personal wealth of the multi-billionaire hedge fund magnate Steven A. Cohen, is getting into healthcare investin

Rigetti raises $79M Series C for its quantum computing platform

Rigetti Computing, the quantum computing startup that is challenging industry heavyweights like IBM, Microsoft and D-Wave, today announced that it has closed a $79 million Series C funding round. The

With fresh support from its billionaire backers Pivot Bio is ushering in a farming revolution

In the first decade of the twentieth century two German chemists, Fritz Haber and Carl Bosch, invented fertilizer — the nitrogen compound which ushered in modern agriculture and saved the world
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