lux capital

As we reach the end of 2019 and approach crunch time for everyone who has procrastinated holiday gift buying, we wanted to highlight a few more great reads that might…

Gift Guide: Leading VCs recommend their favorite reads from 2019

Hugging Face has raised a $15 million funding round led by Lux Capital. The company first built a mobile app that let you chat with an artificial BFF, a sort…

Hugging Face raises $15 million to build the definitive natural language processing library

The world of healthcare has notoriously been described as “broken” — plagued with high-friction workflows, sky-high costs and convoluted business models. Over the past several years, a long list of…

Where top VCs are investing in digital health

VCs tout themselves as frontier technology investors, but most are using the same tools we’ve used for the past 20+ years — Excel and recent college grads searching Google.

These new data sources are creating high-impact tools for investors

Quants, passive investing and robots aren’t necessarily better than humans at investing, but because they already traffic in digital data to do their work, they can show investors what they’re…

Louis Bacon’s sunset ride may foretell ‘mechanized future’ of data-driven investing

The Valley’s affinity for robotics shows no signs of cooling. Technical enhancements through innovations like AI/ML, compute power and big data utilization continue to drive new performance milestones, efficiencies and…

Leading robotics VCs talk about where they’re investing

Depending on which study you believe, the wearable and digital health market could be worth anywhere from $30 billion to nearly $90 billion in the next six years. If the…

No one knows how effective digital therapies are, but a new tool from Elektra Labs aims to change that

LabGenius, a London-based startup applying AI and “robotic automation” to protein drug discovery, has raised $10 million in Series A funding. The round is led by Lux Capital and Obvious…

LabGenius raises $10M to use AI for protein drug discovery

Caper wants to deliver a major update to the self-checkout aisle without keeping its dreaded catchphrases, i.e. “Unknown item in the bagging area,” “Please place the item in the bag.”…

Smart grocery cart startup Caper bags $10 million

Editor’s note Due to bad travel logistics (thanks SFO), I wasn’t able to get the mid-week edition of the Extra Crunch roundup newsletter out. Sorry about that. Instead, here is…

Y Combinator Demo Day, revenue-based VC funding, Pivotal, Dell, Tumblr, WeWork, and more

Shiru, a new company that’s launching from the latest batch of Y Combinator-backed startups, is joining the ranks of the businesses angling for a spot at the vanguard of the…

Protein replacement startups are coming for food additives as Shiru launches from Y Combinator

Gaming continues to grow in popularity, with esports revenue growing 23% from last year to top $1 billion in 2019. But the metrics by which talent is evaluated in gaming,…

Statespace picks up $2.5M to help gamers train

When founders think about the venture firms most likely to invest in space or robotics or other bleeding-edge technologies, a handful of firms tend to jump immediately to mind. One…

Lux Capital just closed on a whopping $1 billion in capital, doubling the amount of money it manages

Featured Article

Powering the brains of tomorrow’s intelligent machines

Sense and compute are the electronic eyes and ears that will be the ultimate power behind automating menial work and encouraging humans to cultivate their creativity. 

9:30 am PDT • July 19, 2019
Powering the brains of tomorrow’s intelligent machines

Audi’s self-driving unit has tapped a startup with a unique approach to lidar as it ramps up testing in Munich using a fleet of autonomous electric e-tron crossover vehicles. Audi…

Audi self-driving unit taps newcomer Aeva for its unique lidar

Sometimes, reading a lawsuit, it’s tempting to pick sides, to judge who is more right than wrong based on its contents. But a new lawsuit involving two venture-backed companies —…

A fight is brewing between two machine intelligence startups, and neither side looks all that smart

Johnson & Johnson’s robotic surgery and medical device division, Ethicon, is dropping $3.4 billion in cash to pick up Auris Health, a developer of robotic diagnostics and surgical devices initially…

J&J spends $3.4 billion in cash for Auris Health’s lung cancer diagnostics and surgical robots

As we get ready for TechCrunch Sessions: Robotics + AI on April 18 at UC Berkeley, we can’t help but look back at last year’s robotics event. With more than 1,000…

Get ready for TC Sessions: Robotics + AI with highlights from last year’s event

Matterport, a provider of 3D image capture technology, has named former eBay chief product officer RJ Pittman as its new chief executive. Pittman will take the reins from former chief…

Former eBay product chief RJ Pittman takes the reins at 3D capture company Matterport

You wouldn’t expect a medical app to get its start as a Snapchat competitor. Neither did video chat startup TapTalk’s founder Onno Faber. But four years ago he was diagnosed with…

RDMD attacks rare diseases with data mined from health records

The dream of a startup founder can often be summarized by the following well-intentioned, and mostly delusional, quote: “We’ll raise a few rounds and in a few years we’ll IPO…

What every startup founder should know about exits

Last week at UC Berkeley’s Zellerbach Hall, TechCrunch held its second TC Sessions: Robotics event. It was a full day of panels and demos, featuring the top minds in robotics,…

Watch every panel from TC Sessions: Robotics

A who’s-who from the world of synthetic biological research have come together to launch Senti Biosciences with $53 million in funding from a slew of venture capital investors. Led by…

All-star team of synthetic biologists raise $53 million for cancer therapy startup Senti

When Google was founded in 1998, its goal was to organize the world’s information. And for the most part, mission accomplished — but in 19 years the goalpost has moved…

Primer helps governments and corporations monitor and understand the world’s information

Since Isaac Asimov first laid out the three laws of robotics in 1942, human safety has been the No. 1 concern of the inventors, innovators and futurists who have pondered…

Veo Robotics raises $12 million for its vision of a harmonious human-robot workplace

Orbital Insight, a geospatial analytics startup, announced it had completed raising a $50 million Series C round of financing from Sequoia. The fresh capital brings the company’s total fundraising to…

Orbital Insight closes $50M Series C led by Sequoia

Hardware that responds to voice commands is already out there and probably in your hand or house right now. Whether it’s a smartphone, smart speaker or wearable, it has to…

Mythic launches a chip to enable computer vision and voice control on any device

The only places where one used to worry about the possibility of mass casualties were “high-value targets,” like airports — places that have scanners, inspections and guards. But attackers now…

Evolv raises $18 million for body scanners that don’t cause long lines at security

New York-based smart lock maker Latch, which targets the enterprise market, selling its locks plus a subscription digital entry management service to building owners wanting to offer value-add services to…

Latch tools up with second smart access product for offices, apartment blocks

Lux Capital’s portfolio companies sound like they ripped their product concepts from the pages of science fiction. Among these are self-driving car startup Zoox, a company gathering oceanographic data from…

Lux Capital closes $400 million fund to back startups ‘inventing the future’