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Hexa Closes Series A

Hexa, a 3D asset visualization and management platform, announced that it closed a $20.5 million Series A round from Point72 Ventures, Samurai Incubate, Sarona Partners and HTC. CEO and co-founder Yehiel Atias said that the cash will be put toward product development and expanded customer...

Artifact Officially Launches

Artifact, the personalized news reader built by Instagram’s co-founders, is now open to the public, no sign-up required. Last month, Instagram’s creators Kevin Systrom and Mike Krieger, unveiled their latest venture as an invite-only experience, promising their news app would later evolve to include social...

Kempus For College Hacks

Jae Lee, a South Korean serial entrepreneur and his co-founder Danny Woo have built Kempus, an anonymous online community for U.S. college students. Kempus aims to create a reservoir of knowledge to help students reach their ultimate goal, in Lee’s words, “the upstream of getting...

Stelo Labs Raises $6 Million

Stelo Labs, a web3 security company, raised $6 million in a seed round led by Andreessen Horowitz. The company was co-founded by Ben Scharfstein, CEO, and Aman Dhesi, CTO. Both have backgrounds in product management — Scharfstein worked at Google, and Dhesi held roles at...

Snap & AI

Snap has announced on their fourth-quarter earnings call that it’s technology will eventually be powered by AI. Investors wanted to get a sense of how Snap was thinking about the latest developments in AI — particularly in buzzy areas like generative AI. One pointed to...

Method Closes On Series A

Method, a startup that aims to make it easier for fintech developers to embed repayment, balance transfers and bill pay automation into their apps, announced that it closed a $16 million Series A funding round led by Andreessen Horowitz, with participation from Truist Ventures, Y...

Carry1st Raises $27 Million

Since its launch in 2018, Carry1st, a publisher of social games and interactive content across Africa, has raised funding from investors such as Google via its Africa Investment Fund and Avenir Growth Capital. It’s also received backing from top-tier funds focused on web3 and gaming:...

SurrealDB Closes Seed Round

There’s plenty of vendors in the managed database services market — and plenty that are well financed. SingleStore last October raised $30 million to bring its database tech to new customers. There’s also EdgeDB, which landed $15 million in November ahead of the launch of...

Amazon to Launch a Sports App?

According to recent reports, Amazon is developing a standalone app for watching sports. The move signals Amazon’s continued push toward investing in Prime Video and live sports content. If released, the standalone app would better highlight Amazon’s sports content, which is currently included in the...

PointE Now Open Sourced

OpenAI open sourced Point-E, a machine learning system that creates a 3D object given a text prompt. Point-E can produce 3D models in one to two minutes on a single Nvidia V100 GPU. Point-E doesn’t create 3D objects in the traditional sense. Rather, it generates...