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Startup life is a news report of births and deaths . This hebdomad confirmed this , and it confirmed that unicorn rounds are not dead .
Most interesting startup stories from the week
As pass often in the startup earth , it ’s been a week of start and endings .
opine machines : Thinking Machines Lab , the novel AI startup of former OpenAI CTO Mira Murati , total out of stealththis hebdomad , without confirm how much it may have call down from VCs . Meanwhile , Ilya Sutskever ’s startup Safe Superintelligence ( SSI ) isreportedly resurrect around $ 1 billion .
Humane killing : Humane , the computer hardware startup behind the blemished AI Pin , announced that most of its assetshave been adopt by HPfor $ 116 million .
Money back guarantee : San Francisco - based inauguration Future Familylaunched a novel IVF insurance policy productin the United States that could refund prospective parents if discussion does n’t succeed after two rounds .
Low barrage fire : Former Silicon Valley pet Nikola Corp.filed for bankruptcythis week . The H electric trucking inauguration die to find a buyer or secure extra funds to maintain operations .
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Most interesting VC and funding news this week
We thought the days of counting unicorns were behind us , but not so much . Plus , legal AI is hot , and loom budget cut barrack a new biotech venture investment firm .
Quadricorn : Austin - ground defense startup Saronic raiseda $ 600 million Series Cto build an sovereign ship mill , also quadrupling its valuation to $ 4 billion from its last round of drinks .
newfangled horn : Six calendar month after raising a $ 150 million Series C at a $ 1.25 billion post - money valuation , AI cipher startup Codeium is in talks to raise a Modern round lead by Kleiner Perkinsat a $ 2.85 billion evaluation , sources told TechCrunch .
Joining the clubhouse : Hightouch , a startup carbon monoxide gas - found by a former engineering manager at Segment that provides AI - power selling putz , closed an $ 80 million Series C roundat a $ 1.2 billion valuation .
Still in the golf-club : Augury , whose AI - based hardware detects malfunction in factory machines , secured $ 75 million in equity fundingas part of a Series F one shot that it is still shut . chief executive officer and founding father Saar Yoskovitz said this was an up - round for the startup that achieve unicorn status in 2021 .
After the billion : After raising$1 billion to datesince 2015 , fintech Varo closed on $ 29 million out of the $ 55 million Series G it has been hope to promote . Its CEO and founder , Colin Walsh , also recently announced he was step down .
midway : Sanas , which leverages AI to vary call centre workers ’ accents in real time , closed a $ 65 million backing round , valuing the party at over $ 500 million .
Legal AI : AI - power effectual tech startup Luminance raised$75 million in a Series C financial support roundthat follows several other heap closed by competitor , confirming the space is heating up .
New store : Amid dubiety on funding from the National Institutes of Health ( NIH ) , Altitude Lab ’s Pre - semen Venture Fund will consider investing$100,000 to $ 250,000 in biotech startups that were qualified for Small Business Innovation Research ( SBIR ) Hiram Ulysses Grant from the NIH .
Last but not least
Andreessen Horowitz may have $ 45 billion in assets under management , but Marc Andreessenisn’t “ chomping at the moment to take the firm world . ”Speaking on this workweek ’s Invest Like the Best podcast , a16z ’s cobalt - founder discussed his finish of building it into an digest ship’s company .
This post has been updated to reverberate the fact that Augury first attain unicorn status in 2021 .
