lux capital

Anduril is raising up to $1.2B, sources say at a $7B pre-money valuation, for its defense tech

Technology built to improve state resilience — be it in the form of cybersecurity, energy independence, national defense or something else entirely — has come into stronger focus in the wa

Hugging Face reaches $2 billion valuation to build the GitHub of machine learning

Hugging Face has closed a new round of funding. It’s a $100 million Series C round with a big valuation. Following today’s funding round, Hugging Face is now worth $2 billion. Lux Capital is leadi

Digital health startups brace for a post-Roe world

Per a leaked draft obtained by Politico, the Supreme Court is set to overturn the landmark Roe v. Wade decision, a precedent that protects a women’s choice to have an abortion. The move, still yet t

Digital bank Umba raises $15M, plans to expand into three new African markets

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these f

3 ways deep tech founders can climb out of pilot purgatory

Big problems make room for big returns, and while I don’t presume to have a silver bullet solution, here are three ways deep tech founders can ensure their time in pilot purgatory ends in a rollout.

Cloaked raises $25M Series A to generate privacy-friendly identities on the fly

Cloaked, a Boston-based startup that allows users to generate unique email addresses and phone numbers when creating online accounts, has secured $25 million in Series A funding. Founded in 2020 by br

Gandeeva Therapeutics raises $40m zoom in on biomolecules – and create new drugs in the process

The field scientists once jokingly called “blobography” has come a long way. Cryogenic electron microscopy was formerly known for delivering amorphous images of biomolecules. Now it has become one

With funding from top investors, Gameto aims to delay — even eradicate — menopause

With every year, more scientists and academics are very specifically trying to lengthen the lifespan of humans and ensure that those extra years are worth living. Some of these teams are focused on de

Archive.ai aims to free marketers from their monotonous workflows

Archive.ai founders believe the future of marketing will be a culture of “building with you” versus the “talking at you” approach they believe traditional digital marketing is doing now.

Biotech startup Shiru sprouting plant-based ingredients with new capital infusion

The company plans to have ingredients ready by next year, which means we could see the first commercial products containing Shiru’s ingredients on grocery store shelves as early as 2023.

Bild takes in funding to share, collaborate on hardware designs in the cloud

Bild, which came out of private beta, is streamlining the design review process so that hardware product releases can be developed faster.

Instacart acquires Caper AI, a smart cart and instant checkout startup, for $350M, as it moves deeper into physical retail tech

Instacart made its name by providing a way for consumers to bypass shopping in stores in person, by ordering items online and getting them delivered to their homes — a business that positively b

Clarifai moves beyond computer vision to manage companies’ unstructured data

Clarifai enables customers to make sense of the 90% of unstructured data they have using artificial intelligence.

Chronosphere raises $200M at a $1B+ valuation for cloud-native monitoring, adds granular, distributed tracing to its dashboard

Data observability — necessary to keep tabs on infrastructure performing as it should; to see if apps are returning errors; and to ensure that critical business data is getting to where it needs

Lux Capital’s Deena Shakir is helping judge Startup Battlefield at this year’s Disrupt

Deena Shakir is a partner at Lux Capital, where she looks to invest in technologies that are streamlining analog industries while also improving lives and livelihoods. Among the companies she has back

Maven’s comprehensive approach to women’s health earns it unicorn status

For Kate Ryder, the founder of women’s health clinic and benefits platform Maven, business is personal. During the first year of building her company, Ryder experienced a miscarriage. Maven began of

Extra Crunch roundup: NS1 EC-1, Pakistan’s tech ecosystem, SPACs bonanza

Just like NYC's flooded subway system, internet infrastructure doesn't attract much attention until there's a notable failure.

Renegade Partners rolls out its much-anticipated debut fund with $100 million

Renegade Partners — a Bay Area-based venture firm co-founded by veteran VCs Renata Quintini and Roseanne Wincek — is taking the wraps off a $100 million debut venture fund that’s bee

Anduril raises $450M as the defense tech company’s valuation soars to $4.6B

The AI-powered defense company founded by tech iconoclast Palmer Luckey has landed a $450 million round of investment that values the startup at $4.6 billion just four years in. In April, reports sugg

Lux Capital has raised $1.5 billion more to invest in — and create — new startups

The fundraising continues apace in the go-go world of venture capital. Today, it’s Lux Capital — known for its frontier investing — that has closed a $675 million early-stage venture
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