Spark Capital

Profluent, spurred by Salesforce research and backed by Jeff Dean, uses AI to discover medicines

Last year, Salesforce, the company best known for its cloud sales support software (and Slack), spearheaded a project called ProGen to design proteins using generative AI. A research moonshot, ProGen

Durable cements $14M to build bots and other AI tools for small businesses in service industries

Builders, bakers and body conditioners might not be the first trades that come to mind when you think about how AI is transforming how we work. But today a startup that’s building AI-powered bus

Credal aims to connect company data to LLMs ‘securely’

Credal.ai, a Y Combinator-backed startup that gives enterprises a way to connect their internal data to text-generating, cloud-hosted AI models, has raised $4.8 million in a seed round led by Spark Ca

This venture-backed startup has quietly bought more than 80 mom-and-pop shops

Teamshares is a low-flying, New York-based startup with big ambitions to capitalize on an opportunity in plain sight: that of small businesses without a succession plan. It’s not a small market.

Anthropic raises $450M to build next-gen AI assistants

Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital. Anthropic wouldn’t disclose what the round

Adept, a startup training AI to use existing software and APIs, raises $350M

In another sign that the current VC appetite for AI is insatiable, Adept, a startup building AI that “enables humans and computers to work together creatively to solve problems,” yesterday

Lumafield raises $35M, announces speedy updates to its affordable desktop CT scanner

  Lumafield today announced a $35 million Series B, and new features for its desktop X-ray computed tomography platform that aims to provide engineers and designers with unparalleled access to th

The grocery industry’s shopping list: Inventory management, frictionless checkout, computer vision

Technology advancements in recent years are giving startups a shot at providing grocery stores with e-commerce-like features in a brick-and-mortar setting.

Switchboard creates virtual rooms to foster better collaboration

Switchboard, a collaboration app that combines features of videoconferencing and digital whiteboarding, today announced that it raised $25 million in a Series A round that values the company at $200 m

X1’s income-based credit card is about to launch publicly

The credit card market has become increasingly crowded, with consumer fintech startups locked in a fierce competition to differentiate their offerings through branding, rewards programs and even crypt

Heyday lands $6M to build a knowledge base from the services you already use

Ever spend much too long trying — and failing — to rediscover articles you’ve partially read? This reporter’s been there, and it seems I’m not the only one. According to

Can Andreessen Horowitz prevent the next crypto winter?

Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-doll

Ravio is bringing real-time data to the talent fight

UK-based Ravio reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages and be

Oslo-based Unleash nabs $14M Series A to build open source feature management tool

As developers build new features into software, they have to be sure that the new functionality doesn’t break what’s already there. So they often will roll it out slowly and see what happe

Capitolis valued at $1.6B after raising $110M for new tech to update capital markets trading

A lot of the startups you tend to hear about in the world of fintech are building solutions for consumers and businesses. Today, a startup that’s aiming to serve the biggest financial services u

Casey Neistat’s David Dobrik documentary explores what happens when creators cross the line

“There’s three different things that make up a vlog,” David Dobrik, then a rising YouTube star, explained to Casey Neistat, a veteran YouTuber and filmmaker. Neistat’s camera pans to show a sw

Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding — just months afte

German construction tech startup Cosuno raises $30M Series B by Avenir Growth

Germany-based construction tech startup Cosuno has raised a $30 million Series B led by U.S. growth equity firm Avenir Growth. Spark Capital and Cherry Ventures, which led the Series A six months ago,

Framework looks to expand repairability beyond the laptop

Last November, Apple announced the launch of Self Service Repair — a surprising addition for a company that has notoriously lacked such capabilities. Those changes didn’t happen in a vacuum, o

Crypto infrastructure company Fireblocks nearly quadruples valuation to $8B in six months

Crypto custody platform Fireblocks is quite possibly “the most successful and least-known company in the blockchain space,” as described by its co-founder and CEO Michael Shaulov in an interview w
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