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The Week After Thanksgiving: A Bounty of Announcements
The week after Thanksgiving is usually rich in announcements, and this year was no exception. Blame it on the holiday season, but we would even go as far as saying that several funding round announcements were truly heartwarming.
Most Interesting Startup Stories from the Week
New Page: Three Google NotebookLM Team Members Leave to Create Their Own Startup
Three members of Google’s NotebookLM team left the company to create their own startup, following in the footsteps of AI pioneer François Chollet. This move is a significant development in the world of AI and machine learning.
Pay Gaps: Kruze Consulting Shares Insights on Average Salary of Early Employees
Kruze Consulting, a CPA firm that specializes in venture-backed startups, shared insights on the average salary of early employees. The results confirmed that the Bay Area still commands higher figures. Very senior engineers enter seed startups with salaries ranging from $180,000 to $235,000, compared to $160,000 to $210,000 in other areas.
Arm Wrestling: Ladder Points Out Similarities Between Strength-Training App and Pelotonâs New Strength+ App
Fitness startup Ladder, which recently raised $105 million in Series B funding, pointed out similarities between its strength-training app and Peloton’s new Strength+ app. This turned it into a marketing and advertising opportunity of its own.
Back IRL: Y Combinatorâs Latest Demo Day for Its Fall 2024 Class of Startups Took Place In Person
As announced, Y Combinator’s latest Demo Day for its Fall 2024 class of startups took place in person. This marked a return to in-person events after the pandemic.
Most Interesting Fundraises this Week
Clean Atmosphere: Heirloom Carbon Secures $150 Million in Series B Funding
Heirloom Carbon secured $150 million in Series B funding to help scale up its carbon-capture technology. This is a significant development in the world of climate tech and sustainability.
Heart Health: Cleerly, a Cardiovascular Imaging Startup, Raises $106 Million Series C Extension Round
Cleerly, a cardiovascular imaging startup, is applying AI to detect coronary artery disease early on. The company raised a $106 million Series C extension round to keep working toward this mission.
Fighting Cancer: Orakl Oncology Raises Nearly âŹ15 Million to Date, Including Nondilutive Funding from Bpifrance
Orakl Oncology, a French lab spinoff that combines data and biology to bring new drugs to cancer patients, raised nearly âŹ15 million to date. This includes nondilutive funding from Bpifrance and more recently, an equity round led by European VC fund Singular.
Fighting Fires: FireDome Raises $3 Million Pre-Seed Round Led by Third Sphere and Gravity Climate
FireDome, a startup that uses projectiles filled with fire retardants to combat wildfires, raised $3 million in pre-seed funding. This is a significant development in the world of disaster response and emergency services.
Most Interesting News from Around the Web
AI Chip Startup Blaize to Go Public in 2025
Blaize, an AI chip startup, will be the first to go public in 2025. This marks a significant milestone for the company and the broader industry.
Raspberry AI Raises $24M from a16z to Accelerate Fashion Design
Raspberry AI raised $24 million from a16z to accelerate fashion design. This is a significant development in the world of fashion tech and e-commerce.
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