Anthropic buys biotech startup Coefficient Bio in $400M deal: reports
Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information and Eric Newcomer.
Venture
Startup funding shatters all records in Q1
The record quarterly fundraise was largely fueled four mega-deals into OpenAI, Anthropic, xAI, and Waymo. But it also indicates a generally hot market.
Less than a month: StrictlyVC San Francisco brings leaders from TDK Ventures, Replit, and more together
StrictlyVC San Francisco brings leaders from TDK Ventures, Replit, and more together on April 30. Space is limited. Register here for your pass.
Toyota’s Woven Capital appoints new CIO and COO in push for finding the ‘future of mobility’
Woven Capital is the growth-stage venture capital arm of Toyota, focused on backing founders building in space, cybersecurity, and autonomous driving.
It’s not your imagination: AI seed startups are commanding higher valuations
Among the most recent Y Combinator cohort, many startups were commanding $40 million valuations. But with more money comes higher expectations.
Whoop’s valuation just tripled to $10 billion
The fitness tracking startup just closed a $575 million Series G with Cristiano Ronaldo and LeBron James among its investors. The obvious question looming over a round of this size at this valuation: Is an IPO coming?
Exclusive: Runway launches $10M fund, Builders program to support early stage AI startups
Runway is launching a $10 million fund and startup program to back companies building with its AI video models, as it pushes toward interactive, real-time “video intelligence” applications.
Former Coatue partner raises huge $65M seed for enterprise AI agent startup
A few things turned investors’ heads and drew them to participate in such a big round out of the gate.