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This week was down in the mouth on M&A and IPO news , but there was still some play to follow , if that ’s your thing — and more importantly , some worthy startups getting funded .
Most interesting startup stories from the week
From frivolous to more serious , there was no deficit of legal startup ontogenesis this week .
Clued up : Startups launched products such as “ Truely ” tocatch people using viral AI cheating app Cluely , but the startup says it is ready to stay one step beforehand with hardware products that will make it even harder to detect .
besiege : Troubled fashion inauguration CaaStle is facingnew lawsuits and allegationsafter its founder was accused of fiscal actus reus .
enter it out : Hot robotics startup Figure AIsent cease - and - desist lettersto at least two brokers who run secondary marketplaces , demanding that they stop market the company ’s stock certificate .
Still fighting : Imaguru was Belarus ’ first startup hub . Now its foundersare in exile but extend their mission , with hub in Warsaw and Madrid supported by European mental institution .
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in series drama : Deel officiallyagreed to be serve legal papersin the causa initiate by its rival burble over alleged detection .
blemish : A mysterious London - based investor require a U.S. failure judgeto stop the sale of EV startup Canoo ’s assetsto its CEO , calling it a “ flawed ” process .
Most interesting VC and funding news this week
If all the startup that announced funding rounds this week get hold of their finish , the world might be a better place . Plus , some funds are ready to back even more entrepreneurs .
Casting a net : Cast AI , a startup building tools to optimize workloads for AI and automated tasks , raised a $ 108 million Series Cto fuel its R&D and geographic expansion .
Strong run : Lightrun , an Israeli startup whose AI - enabled observability political platform help debug code , locked in a $ 70 million Series Bco - lead by unexampled backer Accel alongside previous investor Insight Partners .
Legal tech : Supio , a inauguration that employ AI to automatise data collection and psychoanalysis for legal team , kick upstairs a $ 60 million support roundled by Sapphire Ventures .
Bold visual modality : IXI , a Finnish inauguration hoping to get autofocus to prescription glasses , raised $ 36.5 millionfrom Amazon Alexa Fund and others to work on its first commercial product .
B2B craft : Nuvo , a San Francisco - based inauguration whose platform facilitates purchasing of physical good between patronage , raised a $ 34 million Series Afrom Sequoia Capital and Spark Capital .
And OmniRetail , which aim to help B2B e - commerce across Nigeria and West Africa , raise a $ 20 million Series Aco - led by Norwegian development finance institution Norfund and Nigerian VC business firm Timon Capital .
Early catching : Japanese startup Craif , a Nagoya University spinout that uses microRNA to develop AI - powered other genus Cancer sleuthing software package , raiseda $ 22 million Series Cto fuel its expansion and R&D.
Ballooning : Near Space Labs , a inauguration whose balloon - based ethereal imaging platform can have treble - usage applications programme , secured a $ 20 million serial Bled by Bold Capital Partners , a VC firm found by Peter Diamandis .
live : Glacier , a inauguration behind a robot - enable recycling fleet already deployed in several U.S. cities , secureda $ 16 million Series Aled by Ecosystem Integrity Fund , with participation from Amazon ’s Climate Pledge Fund .
Not broken : Kintsugi , an AI sales revenue enhancement startup named after the Japanese art of fixing broken pottery , raised $ 15 million from tax applied science solution provider Vertex and $ 3 million from existing investorsat a $ 150 million post - money evaluation , up from $ 80 million in November .
No more burping : Hoofprint Biome , a inauguration slash methane emissions by modifying cows ’s microbiome , raised a $ 15 million serial Aled by SOSV .
U.K. top side : Volution , a U.K.-based VC invest in fintech , AI , and SaaS startup , launcheda new $ 100 million fundto twice down on its thesis .
One - up : European entrepreneur - focussed political program EWORlaunched its own “ founder fellowship,”committing about $ 68 million to the initiative , which will compete withHarry Stebbings ’ fellowship Project Europe .
Last but not least
You may not have get word of Ali Partovi , but those in the know have . The Iranian - born Harvard grad has an impressive multi - decade - long trail criminal record that spans found and exiting several inauguration and early investment in tech giants . He now leads 8 - year - honest-to-god venture house Neo , whose early fundsare performing exceedingly well .
