Seed-stage startups face a 52% decrease in deals for Q1 2023, urging founders to reassess the value of their investors. Law firms warn that AI-enabled technology development may create legal issues, and federal and state law violation risks. In contrast, the Fed's new initiative, FedNow, will allow instant payments 24/7/365, paving the way for fintech companies' growth, while Japan's VC market hit a record high in 2022. Learn more about these trends and the strategies of investors active in Japan's startup ecosystem in this informative article.
Winter 2023 Y Combinator cohort was special due to its size (282 out of 20,000 applications accepted). Founders experienced the benefits of being in the city with in-person program (happy hours, dinners, meetups) and an increased focus on AI startups, including Vellum, Truewind, & Zenfetch. Founders shared the importance of moving quickly & gaining feedback to succeed in their industries, culminating in a valuable experience & network of over 6,000 Y Combinator alumni.
Kluster, a London-based AI startup, recently secured an investment of $5 million from Foresight and SuperSeed. Their software platform helps sales teams and executives plan and monitor their performance, enabling them to meet their revenue targets. With the investment, they aim to expand their team, increase their reach and develop further. Sign up to see how Kluster's AI-driven platform can help your team reach their goals.
Mammoth Biosciences is an early stage biotech and healthcare diagnostics startup, with co-founder and CEO Trevor Martin utilizing cutting edge CRISPR technology to develop swift, accurate, and affordable diagnosis solutions. Join Found podcast as Trevor discusses the challenges and promises of the company's research and progress.
House Fund launches an AI accelerator program to support startups and help them succeed with an investment of $1 million. The program offers mentorship and early access to tech, software, and resources so startups can stay ahead of their competitors. Open now, this two month long program is affiliated with UC Berkeley and welcoming applications from alumni, faculty, students, staff, and all others affiliated with the university. Get a chance to network with world-renowned AI professors, and access to connectivity with the top venture capitalists.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?