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Inspired Capital, the New York-based early-stage venture firm founded in 2019 by Alexa von Tobel and Penny Pritzker, closed its fourth fund with $450 million in commitments, bringing assets under management to nearly $1.4 billion. The article is business and funding news with no security incident, vulnerability, threat actor or malware co…
Eric Schmidt, the former Google CEO, reportedly owns about 1% of Anthropic after investing tens of millions of dollars in its 2021 Series A, according to Bloomberg. Dario Amodei, co-founder and CEO, is said to hold about 2%. Anthropic is widely expected to go public before the end of the year, with top-end estimates valuing it at up to $2…
Tolan, an AI companion app that helps users manage daily tasks, relationships and emotions, raised $30 million from Union Square Ventures, Khosla Ventures and Homebrew, according to Upstarts Media. The round doubles its total funding. The company did not disclose its valuation; PitchBook estimates it at more than $268 million with medium …
Otter.ai, an AI meeting note-taking vendor, announced a $320 million raise from General Catalyst's Customer Value Fund (CVF), a non-dilutive vehicle that earns returns on marketing spend results. Otter plans to use the capital for enterprise growth, go-to-market strategy, international expansion and product innovation. The company passed …
