Hi there, and welcome again to Equity, the podcast in regards to the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.
Welcome to our Wednesday present, during which we speak via the week’s main startup and enterprise capital information. At this time we now have an absolute pile of fabric, so let’s get to work:
- Bret Taylor’s new startup is turning heads: Recognized for his work at Fb, Salesforce and OpenAI, Taylor’s new startup Sierra is constructing conversational AI brokers. It has raised a mountain of capital so far, which it would want on condition that it’s not alone in its area of interest.
- FlowFi’s counter-cultural decision: FlowFi is constructing software program to assist startups maintain their books extra intelligently. But it surely’s not going to attempt to change human inputs into monetary work. As an alternative, it’s pairing its software program with a labor market in order that startups can mix human and laptop intelligence. If this implies extra GAAP accounting for startups, we’re right here for it.
- Daring and Antithesis snag new capital: Daring raised $50 million for its Latin American fintech enterprise, in excellent news for the sector and area that after went collectively like peanut butter and honey. In the meantime Antithesis raised $47 million for its software program testing service.
- Homebrew up, Foundry out: Homebrew is putting together an interesting new $50 million fund, whereas Foundry has announced that after its current, $500 million fund, it’s out of the game.
We additionally talked mushrooms — it’s PG-13, I promise — and Earlybird Health’s latest fund.
For episode transcripts and extra, head to Equity’s Simplecast website.
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