Dessn raises $6M for its production focused design tool
A new startup called Dessn has raised $6M to build AI-powered design tools that work directly with production codebases.
Figma
Anthropic CPO leaves Figma’s board after reports he will offer a competing product
Krieger’s departure and any forthcoming design tools will be another data point for investors who fear the SaaSpocalypse — that the largest AI labs will come to dominate software businesses, a thesis that has rocked public markets at times this year.
Node-based design tool Flora raises $42M from Redpoint Ventures
Flora’s node-based design tool is being used by companies like Pentagram and Lionsgate.
Figma launches new AI-powered object removal and image extension
Figma is launching a new image editing toolbar to bring all its features in one place.
Figma bets on India to expand beyond design
Figma has opened a new office in Bengaluru as part of a push to deepen its India ties and appeal to more developers.
Figma partners with Google to add Gemini AI to its design platform
Figma is adding Gemini to its AI toolset.
Lina Khan points to Figma IPO as vindication of M&A scrutiny
A surprising figure is celebrating Figma’s successful IPO: Lina Khan, former chair of the Federal Trade Commission, who said the offering demonstrates the value of “letting startups grow into independently successful businesses.”
Kleiner Perkins is having a very good week
With two IPOs this week alone, Kleiner Perkins partner Mamoon Hamid has reason to celebrate.