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Ali Partovi’s Neo looks to upend the accelerator model with low-dilution terms

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Neo’s new Residency program invests $750,000 in an uncapped SAFE for startups and provides a $40,000 no-strings-attached grant for college students.

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The boys’ club no one was supposed to write about

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Reporter Zoë Bernard spent months talking to 51 people (31 of them gay men) to map out a subculture that’s been an open secret in Silicon Valley for years: gay men, at the upper echelons of tech, quietly raising up their own networks the way powerful people have always done.

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Reload wants to give your AI agents a shared memory

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Reload announces a $2.275 million raise in a round led by Anthemis and the launch of its first AI employee, Epic.

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Co-founders behind Reface and Prisma join hands to improve on-device model inference with Mirai

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Mirai raised a $10 million seed to improve how AI models run on devices like smartphones and laptops.

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This VC’s best advice for building a founding team

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One of the most consequential decisions early-stage founders have to make is who they will bring on as their founding team. The first five to 10 employees will have a massive impact on the company culture, and the precedents set with them are difficult to change down the road. That’s why this season on Build […]

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Jack Altman joins Benchmark as GP

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Jack Altman and Benchmark announced today that he would be joining the firm as a general partner.

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Thrive raises $10B for new fund, its largest yet

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Thrive Capital just raised $10 billion for its new fund– nearly double the size of its last fund.

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Climactic launches hybrid fund to get startups through the ‘valley of death’

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The new project, called Material Scale, will initially focus on climate tech startups in the apparel industry.

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SpendRule raises $2M, emerges from stealth to help hospitals track spending

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SpendRule, launched last summer, is an AI-powered platform that helps healthcare systems track their spending.

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Have money, will travel: a16z’s hunt for the next European unicorn

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According to a16z, it has eyes around the world in order to spot companies as early as local funds might.

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