Fal.ai, which hosts media-generating AI models, raises $23M from a16z and others

Fal.ai, a dev-focused platform for AI-generated audio, video, and images, today revealed that it’s raised $23 million in funding from investors including Andreessen Horowitz (a16z), Black Forest Labs co-founder Robin Rombach, and Perplexity CEO Aravind Srinivas. It’s a two-round deal. $14 million of Fal’s total came from a Series A tranche led by Kindred Ventures. … Read more

Era Ventures raises $88M first fund for transforming the “built” environment

The real estate market and many real estate-focused startups were hit hard when mortgage rates skyrocketed in 2022, but that didn’t stop industry veteran Clelia Warburg Peters from leaving her role as a venture partner at Bain Capital Ventures to launch her own proptech venture firm. Peters, unlike many other specialist proptech funds, invests in … Read more

Flink, the quick commerce startup, raises another $150M at a valuation of just under $1B

Flink, the quick commerce startup out of Berlin that was an acquisition target first of Gorillas, then Getir, and then Amazon, and then Gopuff, today made a move that spells out how it plans to go forth on its own. The company has confirmed a fresh fundraise of $150 million — $115 million in equity … Read more

TeamBridge, founded by former Uber execs, raises $28M to build HR software for hourly workers

Arjun Vora and Tito Goldstein were working on the corporate side of Uber when they realized that HR software largely wasn’t built to manage hourly staff. Many hourly workers lacked a way to complete basic self-service tasks, the pair perceived, like clocking in and changing payment accounts. After interviewing hundreds of Uber drivers, Vora, an … Read more

AI coding assistant Supermaven raises cash from OpenAI and Perplexity co-founders

Jacob Jackson was all-in on AI early in his career. Jackson co-founded Tabnine, the AI coding assistant that went on to raise close to $60 million in venture backing, while still a computer science student at the University of Waterloo. After selling Tabnine to Codata in 2019 (during his final exams), Jackson joined OpenAI as … Read more