Mirelo raises $41M from Index and a16z to solve AI video’s silent problem
Mirelo, a German startup that is building AI to add synced sound effects to videos, has raised a $41 million seed round led by Index Ventures and Andreessen Horowitz.
a16z
Oboe raises $16 million from a16z for its AI-powered course generation platform
Oboe has raised $16 million in funding for its learning app. The company now lets users generate unlimited courses for free.
Unconventional AI confirms its massive $475M seed round
Led by Naveen Rao, the former head of AI at Databricks, the new hardware startup is valued at $4.5 billion.
Black Forest Labs raises $300M at $3.25B valuation
The round was co-led by Salesforce Ventures and Anjney Midha (AMP), and saw participation from a16z, NVIDIA, Northzone, Creandum, Earlybird VC, BroadLight Capital, General Catalyst, Temasek, Bain Capital Ventures, Air Street Capital, Visionaries Club, Canva and Figma Ventures.
Cluely’s Roy Lee hints that viral hype is not enough
Lee declined to share Cluely’s financial metrics just four months after boasting how quickly the startup is growing.
a16z pauses its famed TxO Fund for underserved founders, lays off staff
Andreessen Horowitz is pausing its Talent x Opportunity (TxO) fund and program, according to multiple sources.
Kalshi hits $5B valuation days after rival Polymarket gets $2B NYSE backing at $8B
Prediction markets startup Klashi raised $300 million, while Polymarket nabbed up to $2 billion.
Andreessen Horowitz denies report of India office, calls it ‘fake news’
a16z’s Anish Acharya calls India office reports “entirely fake news!”