Startups Weekly: Cutting through Google I/O noise

Welcome to Startups Weekly – Your weekly extract of all you cannot miss from the starting world of companies. Do you want it in your inbox every Friday? Subscribe here.

Although Google I/O is as expected as expected, some startups still have taken their chances and the ads shared this week, while others had to go with the flow when their news was released.

The most interesting startup stories of the week

The most interesting startup stories of this week came from the current and former public subscription, some of which also presented projects in the previous stage.

Billion dollars rental? Jony IVE and his Lovefrom will lead creative works and design in Openai after the company acquired IO, the start of the AI ​​that participated in its founding with Sam Altman, in a deal from all shares that are estimated at $ 6.5 billion.

One million dollars employees: BNPL GIANT KLARNA on the right path to reach one million dollars of revenue for each employee, up from $ 575,000 in the previous year, after AI’s efficiency reduced customer service costs. For more use of its use of the prosecution, Clarna’s quarterly profits were presented by AI Avatar from its CEO.

Brex for ZipBrex, in partnership with a former ZIP competitor, a 5 -year -old emerging company, in the hope of developing its customer base in the institution and maintaining its cash burning, one of the boxes for the broader to obtain a possible public subscription.

Money running out: The AI ​​software supported by Microsoft Builder.ai has entered insolvency procedures despite the collection of more than $ 450 million of financing in the assessment of unicorn.

New journeyThe founder of Einride Robert Falck moved from the CEO to the CEO, where the start of transportation with electric and independent trucks works towards scaling, collecting donations and possible public subscription.

New lights: Luminar, LIDAR, which has been replaced by the billionaire founder recently as an executive president after ethics, can be replaced, up to $ 200 million by selling convertible favorite shares.

Open Road: The separation, which is the YMBINATOR, which makes a famous cycling application, was the second start -up company that Social Litness Strava has in the past few weeks.

The most interesting VC news and funding news this week

Here are some VC news and financing that penetrates the noise this week.

The seeds, not a mistake: According to the LM Arena collection, a standard project known for the tops of the AI, a seed tour of $ 100 million in value of $ 600 million.

On the basis: Gravitee, a company that helps its platform to manage its own application programming facades, got a $ 60 million chain, led by the sixth growth in the streets, and thus was raised to a little more than $ 125 million.

Strong sign: Siro, an emerging company that develops tools that operate with the same Amnesty International for Sales Representatives, closed in the B series with a value of $ 50 million led by SignalFire.

renewed: RevenueCat has raised the C -50 million chain Corporation, led by the current investor, Bain Capital. Its value is now $ 500 million, and the company seeks to expand the application of the application by solving a wide range of problems facing mobile phone developers.

Reinforced: Affiniti, an emerging company from Aaron Bay, 20 years old, and Sahil Vadins, 22, who raised a seed of $ 11 million a few months ago, now closed a $ 17 million chain led by SignalFire for the Expenditure Management Program targeting traditional small companies.

More for publication: The main address ASIA raised $ 145 million for the main Asian Fund, which is allocated to startups in the early stage across Asia and the Pacific Ocean. I have already funded 17 investments.

Kharbasha Network: Chribble Ventures, the project company affiliated to Twitter Elizabeth Weil, received $ 80 million for its third fund.

Creative capital: Creator Ventures, a seed fund and an investment capital fund that focuses on Internet companies for consumers, has raised a second fund worth $ 45 million, more than twice its previous fund of $ 20 million.

Last but not least

At the Teccrunch Strictlyvc event in London, the General ACCEL partner Sonyi de Rycker said it was optimistic about the horizons of Europe in artificial intelligence but it is cautious about organizational transgression. “We are in Supercycle,” she said. “These courses do not come often, and we cannot be frustrated.”