Black Forest Labs, a German AI startup aiding Elon Musk's Grok in image production, is in discussions to secure up to $200 million in funding, led by Andreessen Horowitz. This investment could elevate the company's valuation to over $1 billion, though final decisions are pending.
Capitolis has secured new investments totaling USD 20 million from Citi, Morgan Stanley, State Street, and UBS, enhancing its funding to USD 170 million. This capital will bolster its Capital Marketplace and Portfolio Optimisation sectors, as demand for its innovative financial solutions continues to grow. The company focuses on improving the safety and efficiency of capital markets through collaboration with financial institutions.
AI startup 11x has secured $50 million in a funding round led by Andreessen Horowitz, bringing its total valuation to $320 million. This latest investment follows a $24 million round led by Benchmark in September, raising the company's total funding to $76 million.
Andreessen Horowitz has committed over $23 million to the political action committee Fairshake to support crypto-friendly candidates in the 2026 midterm elections. This follows Coinbase Global Inc.'s recent $25 million pledge to Fairshake for the upcoming Congressional races.
Digital health is stabilizing, with quarterly deal values around $1.5 billion since late 2022, primarily driven by telehealth. Investment in digital care and treatments rose to $272.3 million in Q2 2024, highlighting a surge in startups leveraging generative AI for patient care. Notable funding rounds include Foodsmart's $200 million and Sword Health's $130 million, while IPO plans are emerging for companies like Omada Health and Hinge Health.
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