YC

Human Archive, which trains robots using first-person video from 1,000+ camera-equipped caps worn by Indian home services workers, raised $8.2M from YC and more

In the last few years, India's online food delivery market has grown significantly, with both Zomato and Swiggy going public …

Sam Altman says OpenAI offered to invest $2M in tokens in each startup in the current YC batch; a source says the offer is in exchange for equity via a SAFE

Quebec-based telecom software startup Gaiia raised a CA$54.8M Series B led by JMI Equity, bringing its total funding to ~CA$90M from backers including YC

Source: YC owns ~0.6% of OpenAI, which was seeded by a YC offshoot called YC Research in 2016; at OpenAI's current $852B valuation, the stake is worth $5B+

Speaking of companies with valuable minority stakes in AI companies, there's one thing that stuck in my craw about the blockbuster …

Variance, which develops AI agents for compliance and fraud investigations, raised a $21.5M Series A led by Ten Eleven Ventures and joined by YC and others

How Kontigo, a crypto startup from YC S24 that raised $20M+, helped move money in and out of Venezuela and now faces bank and payment network service cutoffs

Cryptocurrency fintech Kontigo, which recently raised $20 million from Coinbase and others, is under fire for its role in helping Venezuelans avoid sanctions

Sources: Anu Hariharan, the former head of YC Continuity, which Y Combinator scrapped in March 2023, started Avra, a “YC for growth” fund aiming to raise ~$350M

An overview of the trends for 223 startups in YC's Summer 2022 Demo Day batch: enterprise made up the bulk at 39%, followed by fintech and developer tools

YC announces a new standard deal: a $125K investment for 7% of the startup and a further $375K at terms founders can negotiate with future investors

We have a new standard deal at Y Combinator.  When a company is accepted into the YC batch program, we now invest a total of $500,000.

Postscript, which helps Shopify merchants stay in touch with customers via SMS, announces $35M Series B led by Greylock, with participation from YC and others