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Oncade Raises $4 Million Led by Andreessen Horowitz to Launch Direct-to-Consumer Web3 Game Platform Bypassing App Stores | DeepNewz VC
Business Bytes
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3m ago
Medial
Oncade has raised $4 million, led by Andreessen Horowitz, to launch a platform that allows game studios to sell directly to consumers, bypassing traditional app stores. This initiative aims to eliminate high platform fees and empower communities to drive game sales directly.
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Andreessen Horowitz Leads $300 Million Round Backing Abridge AI Valued at $5.3 Billion for Doctor-Patient Transcription | DeepNewz VC
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3m ago
Medial
Andreessen Horowitz led a $300 million funding round for Abridge AI, valuing it at $5.3 billion. Meanwhile, U.S. venture capitalists are actively engaging with China's biotech sector, indicating a burgeoning interest in tapping into Chinese innovation within this industry.
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Ember Sword Shuts Down After $7M Raised and $11M NFT Sales Amid Web3 Gaming Challenges; Aurory Beta Launch Planned | DeepNewz VC
deepnewz
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3m ago
Medial
Ember Sword, a crypto game, has shut down after raising $7 million and making $11 million in NFT sales. Despite its financial success, the game succumbed to challenges prevalent in Web3 gaming.
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Affiniti, LMArena, and Catena Labs Secure Funding for AI and Fintech Innovations | DeepNewz VC
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3m ago
Medial
Affiniti, LM Arena, and Catena Labs have successfully secured funding aimed at boosting AI and fintech innovations. The funding round was led by Andreessen Horowitz (@a16z), the University of California, and other prominent backers. One of the highlighted objectives is the development of infrastructure for open, reliable AI evaluation by LM Arena. The teams are enthusiastic about future developments and encourage feedback and engagement from the community to enhance their offerings.
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Worldcoin Raises $135 Million via WLD Token Sale From Andreessen Horowitz and Bain Capital Crypto to Expand Privacy-Preserving Network | DeepNewz VC
Business Bytes
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3m ago
Medial
Worldcoin has successfully raised $135 million through the sale of its WLD tokens. The project focuses on advancing "Proof of Human," a technology standard aimed at ensuring human authenticity, particularly in the age of AI, while prioritizing privacy protection. Andreessen Horowitz and Bain Capital are among the major investors expressing their continued commitment and enthusiasm for the project, highlighting its significant progress and potential impact.
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Hex Raises $70 Million Series C Led by Sequoia, a16z, Snowflake, Redpoint, Avra to Advance Agentic Analytics and Data Apps | DeepNewz VC
Business Bytes
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3m ago
Medial
Hex has raised $70 million in a Series C funding round led by Sequoia, Andreessen Horowitz (a16z), Snowflake, and Redpoint with Avra participating as well. The company is redefining analytics for the AI era, providing tools that enable influential companies worldwide to transform data into actionable insights. Anu Hariharan from Sequoia highlighted Hex's capability in making analytics more accessible and valuable for organizations aiming to leverage their data effectively.
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Worldcoin Raises $135 Million via WLD Token Sale From Andreessen Horowitz and Bain Capital Crypto to Expand Privacy-Preserving Network | DeepNewz VC
Business Bytes
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3m ago
Medial
Worldcoin has successfully raised $135 million through its WLD token sale, attracting prominent investors like Andreessen Horowitz and Bain Capital. The initiative focuses on advancing "Proof of Human," a technology standard crucial in the AI era while ensuring user privacy. Chris Dixon, a notable figure in the tech community, praised the project's progress and expressed excitement over continued investment. The funding signifies confidence in Worldcoin's vision and its potential impact on AI and privacy technologies.
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How D2C brands are racing to own the last mile - BusinessToday
Business Today
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2m ago
Medial
The rise of direct-to-consumer (D2C) brands, alongside quick commerce, is transforming India's retail landscape post-pandemic. Initially focused on bypassing traditional retail to connect directly with customers and utilize first-party data, D2C strategy has now evolved into a race for speed. The competitive edge today lies not just in direct consumer access but in achieving faster delivery, highlighting a dynamic shift in retail priorities.
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Voya Games Raises $5 Million with 1kxnetwork to Develop Player-Owned Web3 Game Craft World and Launch Angry Dynomites | DeepNewz VC
Business Bytes
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3m ago
Medial
Voya Games has raised $5 million, co-led by 1kxnetwork, to develop a Web3 game featuring player-owned economies. The studio aims to integrate asset volatility as a core gameplay element, distinguishing itself from traditional crypto games. Voya Games focuses on creating a unique gaming experience by aligning with blockchain principles, enhancing player participation and ownership. The funding will support the development of these innovative gaming models, reflecting a shift in how games can be structured using emerging technologies.
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Why the world's biggest VC believes Indian IT is facing a risk
Livemint
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6m ago
Medial
Andreessen Horowitz, a major venture capital firm, recently sparked debate by suggesting that AI could automate mundane IT industry tasks, impacting India's $254-billion technology sector that employs 5.4 million people. Experts believe AI could challenge traditional IT jobs, yet some industry leaders downplay the threat, seeing AI as a tool rather than a job replacement. Meanwhile, large IT companies are urged to adapt to AI’s rise to maintain their market positions.
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VC firm Andreessen Horowitz joins $100 million effort to shape AI regulation - The Economic Times
Economic Times
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2d ago
Medial
Venture capital firm Andreessen Horowitz and other Silicon Valley investors are backing a $100 million initiative called Leading the Future, aiming to influence U.S. AI policy. The group opposes unnecessary regulation and supports policies that maximize AI’s benefits through political-action committees. Led by strategists Zac Moffatt and Josh Vlasto, the effort seeks to protect U.S. competitiveness in AI and ensure pro-startup policies. It highlights Silicon Valley's growing political engagement, especially concerning AI regulation.
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