Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. To get Startups Weekly in your inbox every Friday, sign up here.
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.
Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week.
Silicon Valley VC firm Menlo Ventures, one of the biggest investors in artificial intelligence startup Anthropic, on Wednesday said the two companies are teaming up to set up a $100 million initiative dubbed “the Anthology Fund” to invest in pre-seed and Series A artificial intelligence companies.
Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he’s been a Democrat most of his life. He says he has endorsed and voted for Bill Clinton, Al Gore, John Kerry, Barack Obama and Hillary Clinton.
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday.
Generative AI businesses aside, the last couple of years have been relatively difficult for venture-backed companies. Very few startups were able to raise funding at prices that exceeded their previous valuations.
In the post-COVID world, VCs say it’s not as easy to get excited about investing in digital health. Deal activity in healthcare IT was relatively flat in Q1 2024 at 74 total deals, valued at about $1 billion total, up only 3% from the year-ago quarter, according to PitchBook data.
Ask any of the health-focused VCs to name one of the top AI startups and one name comes up over and over again: a company based in Pittsburgh called Abridge. And it’s a startup that launched before OpenAI was a household name and LLMs entered the common Valley vocabulary.
For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version as Aspirin.
@2025 – All Right Reserved. Designed and Developed Startupnews