Top news of the week: 19.11.2022.
AI-powered media editing app Descript lands fresh cash from OpenAI
Descript, the AI-powered media editing startup founded by Andrew Mason, has raised new cash in a funding round led by OpenAI's startup fund.
Spot AI raises $40M to build smarter CCTV security camera tech
CCTV cameras have a strong big brother vibe, but that may be because we don't really know how the footage they pick up ever gets used.
Index Ventures thinks new startups will emerge in the downturn and is putting $300M behind that bet
Index ventures launches new “Origin Fund” which will be a $300 million Seed fund, $100m larger than Origin I last year.
Autonomous delivery startup Nuro lays off 20% of workforce
Nuro, the autonomous vehicle delivery startup backed by SoftBank and Tiger Global Management, is laying off about 20% of its workforce.
Bling Capital has $212M to invest across two new funds — and two coasts
Bling Capital doesn't have the kind of bets that are right now becoming a black eye for a lot of other venture outfits. It does have a stake in Rippling, however.
The dilemma of Chinese startups going global
One day in 2020, I published an article about a Chinese hardware maker which would have otherwise been a typical funding story. Instead, I got a complaint from its PR asking me to remove ...
Scene Report: Boston
Tye Brady interview, recession robotics and a field trip to some of Boston's best startups. It's the longest Actuator yet!