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.

The Facebook insider building content moderation for the AI era

Moonbounce has raised $12 million to grow its AI control engine that converts content moderation policies into consistent, predictable AI behavior.

Gateway Capital announces first close of $25M Fund II

Gateway Capital, the Milwaukee-based venture firm founded by Dana Guthrie, can now begin investment operations for its $25M Fund II.

Diverse teams start with diverse VCs

It is the path of least resistance for a growth-stage company to hire from the familiar Silicon Valley pipelines but if a founder wants a diverse team, that value has to be put into practice from the very first hire. 

The reputation of troubled YC startup Delve has gotten even worse

Delve faces new allegations that it violated the open source license of its customer, Sim.ai, by taking the customers’s tool and passing it off as its own.

Startup funding shatters all records in Q1

The record quarterly fundraise largely fueled four mega-deals into OpenAI, Anthropic, xAI, and Waymo. But it also indicates a generally hot market.

In just a couple weeks, StrictlyVC San Francisco brings leaders from TDK Ventures, Replit, and more together

The first StrictlyVC of the year will be coming to San Francisco before you know it.

There are still a few tickets available to join us and our stacked speaker lineup April 30, so register today!

Mercor says it was hit by cyberattack tied to compromise of open-source LiteLLM project

The AI recruiting startup confirmed a security incident after an extortion hacking crew took credit for stealing data from the company’s systems.

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.