TL;DR: Remepy raised $36M to pair prescription medicines with therapeutic software, while Pathway secured $30M at a $500M valuation for its post-transformer AI architecture. GORGIE welcomed fellow New Jersey natives Alix Earle and Jon Bon Jovi as strategic investors after reaching more than 15,000 stores and achieving 600% year-over-year retail growth. Plus, Feminai CEO Karny Ilan explains why AI could make healthcare hardware more defensible.
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Alex Cooper, Co-Founder of Unwell, a media company spanning podcasts, film, television, live events, creative services and consumer products, raised its first round of outside funding at a $500M pre-money valuation from WTSL.
Michal Tsur, Co-Founder & Co-CEO of Remepy, a biotech startup pairing prescription medicines with therapeutic software, raised $36M in Series A funding co-led by O.G. Venture Partners and M Ventures, with NFX, Vine Ventures, Qumra Capital, TechAviv, 97212 Ventures, Fresh Fund, PsyMed Ventures, Tadmor Group and IT-Farm Corp. also joining.
Carmen Li, Founder & CEO of Silicon Data, a real-time compute pricing data platform, raised $30.5M in Series A funding led by Valor Atreides AI Fund, with CME Group, DRW, F-Prime, Samsung, VanEck, Further, Jump, Tectonic, Wintermute, Breed, Hack, Blank VC, Sancus Ventures and SoGal Ventures also joining.
Zuzanna Stamirowska and Claire Nouet, Co-Founders of Pathway, an AI lab developing post-transformer architecture built around latent reasoning and long-term memory, raised $30M in Seed funding at a $500M valuation from Id4 Ventures, TQ Ventures, Red Bridge Ventures, Kadmos Capital and WS Investment Co.
Fidji Simo, Co-Founder of ChronicleBio, an AI-powered biotech developing treatments for complex chronic diseases, beginning with Postural Orthostatic Tachycardia Syndrome (POTS), has raised $15M from Wisdom Ventures, Portfolia, Tensor Ventures and Tarsadia Investments.
Mackenzie Burnett, Co-Founder & CEO of Ambrook, a financial management platform helping America’s family-run businesses become more profitable and resilient, raised $30M in Series B funding led by Lachy Groom, with Thomson Reuters Ventures, Thrive Capital, Field Ventures, Cameron Ventures and angel investors also joining.
Stephanie Hendricks and Françoise Parker, Co-Founders of AGent Energy, a startup integrating backup generators into the grid during emergencies, raised $11M in Seed funding co-led by Spero Ventures and MassMutual Ventures.
Morgan M. Stanton, PhD, Founder & CEO of Opal Therapeutics, a patient-derived gynecologic drug-screening platform, secured a $1.25M National Science Foundation SBIR Phase II award.
Maria Cabral Menezes, Founder & CEO of WashWise, a clothing-care brand offering a “dry shampoo for clothes” that refreshes items between washes, raised $1.2M in Pre-Seed funding from FJ Labs and Singh Capital.
Smriti Gupta, Co-Founder of Echovane, an AI market-research platform, raised $1M in Pre-Seed funding co-led by Titan Capital and Neon Fund.
One of the year’s biggest student hackathons, East v. West is offering $1M in prizes and exposure to teams from Anthropic, OpenAI, Google, AWS and top venture firms. The September competition will bring together 1,000 student builders across the two coasts, with applications closing August 18.
Serval COO Tatiana Birgisson has adopted a new AI-era management scorecard: 70% personal output and 30% team performance. She believes managers should be their teams’ best “Super ICs,” not glorified work organizers, and should be evaluated on the quality of what they personally deliver.
GORGIE Founder Michelle Cordeiro Grant announced that fellow New Jersey natives Alix Earle and Jon Bon Jovi have joined the female-focused energy-drink brand as strategic investors. GORGIE is now available in more than 15,000 stores, with retail sales up 600% year over year.
Feminai CEO Karny Ilan argues that AI is changing how healthcare investors evaluate hardware. As software becomes easier to build, regulation and technical complexity may increasingly be viewed as competitive moats rather than liabilities.
Serena Williams rebranded Serena Ventures as Starfire Ventures to build a venture firm designed to outlast her name. The firm has invested in more than 100 companies, including 16 unicorns, with nearly 70% of its portfolio led by women or people of color.
• Intelligence (Design Arena) (Grace Li & Kamryn Ohly) – Frontier Evaluations, Product Engineering, Machine Learning and Post-Training Research (San Francisco)
• Volta (Sofia Gumuzio) – Corporate Development, IT, Data Center Delivery, Design and Project Controls, Platform, Network and Security Engineering, Finance, Tax and Treasury, Legal and Compliance, Marketing and Communications, People Operations, Product, UX and Customer Success and Technical Program Management (Palo Alto, London, New York, Remote New York & Europe)
• Ore Energy (Yaiza Gonzalez Garcia) – Business Development, R&D, Intralogistics, Balance of Plant Systems, Gas Diffusion Electrode Engineering, Air Systems Product Development and Edge Systems and Embedded Security Software Engineering (Amsterdam)
• Buzz Solutions (Kaitlyn Albertoli) – Applied Machine Learning, Computer Vision, Engineering Leadership, QA Engineering, Finance, Sales and AI/ML Solutions Engineering (Remote)
• Balance Theory (Lisa Mathias) – Enterprise Sales and Vendor Portfolio Management (Remote)
• Exclaim Robotics (Helen Oleynikova) – Robotics Hardware Engineering and Robotics Machine Learning Engineering (Zürich; Hybrid)
• ThreatLocker (Sami Jenkins) – Finance, DevOps, Software Development, IT, Detection Engineering, Systems Administration, Talent Acquisition, Contracts, Marketing, Threat Intelligence, Internal Audit, Sales, Account Management, Solutions Engineering and Technical Support (Orlando, Dublin, Brisbane, Dubai & Australia)
• DataBahn (Nithya Nareshkumar) – Partner and Channel Leadership and Product Operations Management (Remote across North America, the U.S. & India)
• Greyparrot (Mikela Druckman) – Product Leadership, Data Science, Customer Program Management and Sales Leadership (London; Hybrid)
• Intropy (Franziska Kirschner) – Senior Software Engineering and Senior Data Science (London & New York)
• Biota Inc. (Dr. Rose Nash, PhD) – Nanoparticle Chemistry, Surface Functionalization, Materials Science and Environmental R&D (On-site in Colorado)
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Love,
Daniela