Search results for F Prime
Crypto
Privacy-focused AI startup Venice raises $65 million in Series A
Privacy-focused AI startup VeniceAI has raised $65 million in a Series A round. The Block reported that Dragonfly led the round, with North Island Ventures, Coinbase Ventures and F-Prime participating. Venice, launched two years ago, positions itself as an alternative to OpenAI\'s ChatGPT and says it does not store user prompts, encrypting them before sending them through an external proxy. It offers access to more than 200 AI models.
Crypto
Stablecoin infrastructure startup Cyclops raises $8 million
Stablecoin infrastructure startup Cyclops raised $8 million from Castle Island Ventures, F-Prime and Shift4 Payments. Cyclops provides technology that helps payment companies adopt stablecoins, and its co-CEO said it aims to be the first platform payment firms think of when building stablecoin solutions. Fortune reported that New York-based Blade is a customer. Cyclops partners with processors including Fiserv and Global Payments.
AI & Enterprise
Investors shun AI SaaS startups lacking workflow depth
Investors are turning away from AI SaaS startups that offer thin workflow layers, generic horizontal tools, lightweight product management and superficial analytics, TechCrunch reported. F Prime investor Abdul Abdillrahman said vertical software without unique data protections lacks appeal. Igor Ryabenky of AltaIR Capital said UI and automation alone are not enough and that product depth and workflow ownership matter. Emergence Capital’s Jake Saper echoed that view.