Search results for Thrive Capital
AI & Enterprise
Physical Intelligence seeks additional $1 billion funding, aims to build ChatGPT for robots
San Francisco robotics startup Physical Intelligence, founded 2 years ago, is seeking to raise about $1 billion in new funding, TechCrunch reported, citing Bloomberg News. If completed, the deal would value the company at more than $11 billion, up from $5.6 billion 4 months ago. Founders Fund is expected to take part, with Lightspeed Venture Partners in talks. Thrive Capital and Lux Capital are considering reinvesting.
Crypto
Tempo launches mainnet, unveils machine payments protocol with Stripe
Tempo, a payments blockchain co-developed by Stripe and venture capital firm Paradigm, has launched its mainnet, The Block reported on March 18. The project introduced a Layer 1 blockchain designed for large-scale payment processing and an open machine-to-machine payments protocol developed with Stripe. Tempo also unveiled a payments directory listing more than 100 service providers. Tempo was previously released on testnet in December and raised $500 million in a Series A round in October at a $5 billion valuation.
AI & Enterprise
Anduril seeks new funding round at $60 billion valuation
U.S. defence technology startup Anduril, led by Oculus founder Palmer Luckey (팔머 럭키), is pursuing a new funding round targeting a $60 billion valuation, the Wall Street Journal reported on Tuesday. Thrive Capital and Andreessen Horowitz are leading, with Lux Capital and Founders Fund expected to join. Bloomberg reported Anduril may raise up to $8 billion, a year after a $3 billion Series G valued it at $30 billion.