Rowspace, which builds AI tools for PE firms and hedge funds to organize unstructured data for decision-making, launches with $50M in seed and Series A funding
After meeting in graduate school at MIT, Michael Manapat and Yibo Ling embarked on different career paths.
AI coding startup Cursor raised a $2.3B Series D co-led by Accel and Coatue at a $29.3B valuation, after raising a $900M Series C at a $9.9B valuation in June
Cursor, which was founded by four MIT graduates who are still in their mid-20s, raised $2.3 billion in its third funding round this year
MIT spinoff Liquid AI, which aims to build AI systems powered by liquid neural networks, emerges from stealth with a $37.6M seed at a $303M post-money valuation
Uniphore, which uses AI to improve customer support in call centers, raises a $400M Series E at a $2.5B valuation led by NEA
When Umesh Sachdev was pitching at a 2017 MIT event in New Delhi, he stood out to an important visitor: John Chambers. After retiring from his decades-long stint …
TrueNorth, a logistics service for independent truckers, raises a $50M Series B led by the Altman brothers and former Stripe executive Lachy Groom
Jin Stedge studied aerospace engineering at MIT, but after she found herself at Scotty Labs, an SRI International spin-out focused on autonomous driving …
TrueNorth, a logistics service for independent truckers, raises a $50M Series B co-led by the Altman brothers and Lachy Groom, bringing total funding to $61.8M
Jin Stedge studied aerospace engineering at MIT, but after she found herself at Scotty Labs, an SRI International spin-out focused …
Harry Stebbings, a 24-year-old Londoner with a popular podcast about tech investing, raises $140M fund from MIT, RIT Capital, and founders of Spotify and Calm
Benchling, which provides cloud-based software to manage biotech R&D, raises $200M led by Sequoia Capital Global Equities at $4B valuation, 5x its value in May
epic institutions in life sciences & crypto. https://twitter.com/... Jude Gomila / @judegomila : Well done to @sajithw and co for hitting $4bn valuation for @benchling with a $200 million led by Sequo...
Benchling, which makes software for tracking and managing data from biotech research, raises $50M at a $850M valuation, bringing its total raised to $114M
Sajith Wickramasekara started working on an idea for a cloud-based Crispr design tool for scientists during college at MIT eight years ago.
Algorand, the blockchain startup founded by MIT professor and Turing Award winner Silvio Micali, raises $62M and hires new exec team from Fuze and LogMeIn
The blockchain and cryptocurrency industry has produced a lot of hype, but it is still working to deliver practical applications that are widely used by businesses.