Transition Ventures lands $150M Fund II with Olix, Applied Atomics and Seneca on the portfolio
Transition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a $150m second fund, bringing the platform’s assets under management to over $300m. Fund II will continue Transition’s thesis that the most consequential companies of the coming decade will sit at the intersection of AI and the physical world: power, robotics, […]<br /> This story continues at The Next Web [...]
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A 27-year-old just raised $450 million to bet that AI’s future runs on nuclear power
Isaiah Taylor was sixteen when he decided the nuclear industry had a size problem. Not that reactors were too dangerous or too expensive, though they are both, but that they were simply too big. The m [...]
Writer launches AI agents that can act without prompts, taking on Amazon, Microsoft and Salesforce
Writer, the enterprise AI agent platform backed by Salesforce Ventures, Adobe Ventures, and Insight Partners, today launched event-based triggers for its Writer Agent platform, enabling AI agents to a [...]
Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise
Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has r [...]
Factorial raises $150M at a $2.5bn valuation, with General Catalyst betting twice
General Catalyst has decided it wants exposure to Factorial in two ways at once. The Barcelona software company has closed a $150M Series D led by the firm at a $2.5bn valuation, and General Catalyst [...]
Nvidia-backed ThinkLabs AI raises $28 million to tackle a growing power grid crunch
ThinkLabs AI, a startup building artificial intelligence models that simulate the behavior of the electric grid, announced today that it has closed a $28 million Series A financing round led by Energy [...]