Khosla Ventures

Alternative Investments/Real Estate: Alternative Investing Platform Yieldstreet Acquires Real-Estate Focused Cadre

Alternative Investments, News, Real Estate / By

Yieldstreet, a prominent private market investment platform, has officially announced its acquisition of Cadre, an online real estate-focused investment platform catering to institutional and high net worth investors. This strategic move solidifies Yieldstreet’s category leadership, incorporating Cadre’s institutional clients, unique investment platform, and a substantial investor base.

Artificial Intelligence: Sam Altman And The OpenAI Board Discuss His Return (Update: He’s Back With New Board)

Artificial Intelligence, Latest News, News / By

Sam Altman, co-founder and ousted CEO of OpenAI, is currently in negotiations with the company’s interim CEO, Emmett Shear, and board member Adam D’Angelo, for a potential reinstatement, according to undisclosed sources. Talks also involve some of OpenAI’s investors, including Thrive Capital, Khosla Ventures, and Tiger Global Management, who are advocating for Altman’s return. If reinstated, Altman might resume his role as the CEO, and discussions include the possibility of him becoming a director on a transitional board. The involvement of key players like Bret Taylor, former co-CEO of Salesforce Inc., (NYSE: CRM) is being considered.

Venture Capital: Khosla Ventures On Cusp Of Wrapping Up Massive $3B For Venture Funds

News, Venture Capital / By

Khosla Ventures is on track to raise $3 billion for its latest venture funds, demonstrating its confidence in the market despite challenges faced by startups. The firm, founded 19 years ago, plans to focus on research-intensive sectors such as nuclear fusion, humanoid robots, and artificial intelligence. Notably, it sees potential in less competitive markets to support startups revolutionizing industries like healthcare and transportation.

FinTech: Black Ore Raises $60M, Announces AI-Powered Tax Autopilot

Artificial Intelligence, FinTech, News, Venture Capital / By

Black Ore Technologies Inc., a financial technology startup specializing in artificial intelligence tools for the financial services sector, has emerged from stealth mode with a substantial $60 million in funding. This investment places the company among the growing ranks of AI startups that secure significant funding even in their early stages. Notable examples include Stability AI, which raised $101 million, and Mistral AI, which secured $113 million in their initial funding round.

Artificial Intelligence: Bionaut Labs Raises $43.2M For Its Micro Robots That Swim Inside The Human Body

Artificial Intelligence, News, Venture Capital / By

Bionaut Labs is developing micro-scale, magnetically guided robots that deliver biologics or small molecule therapies locally to targeted disease areas to help patients suffering from severe brain disorders. The company raised a $43.2 million Series B round led by Khosla Ventures, bringing the company’s total financing raised to date to $63.2 million. New investors Deep Insight, OurCrowd, PSPRS, Sixty Degree Capital, Dolby Family Ventures, GISEV Family Ventures, What if Ventures, Tintah Grace and Gaingels participated alongside existing investors Upfront Ventures, BOLD Capital Partners, Revolution VC, and Compound.