VCs discuss why most consumer AI startups still lack staying power; plus, Whole Foods to install smart food waste bins from Mill
The next consumer tech revolution may require an introduction of a new personal device.
Plus, the food waste startup founded by Nest alumnus Matt Rogers also received an investment from Amazon's Climate Pledge Fund.
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Mirelo raises $41M from Index and a16z to solve AI video’s silent problem; First Voyage raises $2.5M for its AI companion that helps you build habits
Mirelo, a German startup that is building AI to add synced sound effects to videos, has raised a $41 million seed round led by Index Ventures and Andreessen Horowitz.
Also, First Voyage has raised $2.5 million in a seed funding round from a16z speedrun, SignalFire, True Global, and other investors.
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Thea Energy previews Helios, its pixel-inspired fusion power plant
Thea Energy says that its planar-coil fusion power plant could be cheaper and easier to build thanks to AI-powered control software.
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7:24
Eclipse Energy’s microbes can turn idle oil wells into hydrogen factories; plus, India’s Spinny lines up funding to acquire GoMechanic
The biotech startup is betting that owners of abandoned oil wells will use the tech to squeeze energy out of their wells.
Also, Spinny is set to be valued at about $1.8 billion post-money in its latest funding round.
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Harness hits $5.5B valuation with $240M raise to automate AI’s ‘after-code’ gap
Goldman Sachs has led Harness's Series E round, with participation from IVP, Menlo Ventures, and Unusual Ventures. The new valuation is a 49% jump from its $3.7 billion valuation in a $230 million round in April 2022. With this funding, the startup has raised $570 million of equity to date.
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