November 11, 2023

Meta reaches deal to sell VR headset in China after 14 year absence. Google wants to avoid scrutiny over secret Spotify app store deal. Humane AI Pin smart device announced as potential smartphone successor.

Big Fundings

Elucid raises $80M Series C for AI to predict heart disease and stroke risk

OrsoBio grabs $60M Series A for metabolic treatments

Other Notable Rounds

Arch banks $20M Series A to automate private investment operations

Eleos Health gets $40M Series B for mental health data platform

Noice scores $21M for livestreaming gaming platform

Snaptrude raises $14M Series A for construction collaboration software

Stability AI raises ~$50M from Intel for creative AI models

Tabnine hauls in $25M Series B for AI code completion tool

On the smaller end, startups like Betterleave, Cercle, Eilla AI, Flip AI, Forum, Ghost Autonomy, Greenlite, Lunar, Ozone, Pioneer, and Ridepanda brought in seed or early stage capital this week.

Exits & IPOs

Tumblr being absorbed into parent firm Automattic after years of losses

Omegle shutting down after lawsuit from sexual abuse survivor

Chinese EV maker Zeekr planning IPO

Fund News

Proliferation of new pre-seed funds emerging

People & Hiring

Comedian Sarah Silverman criticizes ChatGPT

Snap laying off some product managers

Data & Studies
Match may have won $300M+ in Google antitrust settlement

Study: Large language models can make reasoning opaque