Sequoia backs ex-Twitter CEO’s AI startup with $100m - Tech in Asia

Deep-tech startup Ctruh has secured $2.5 million in seed funding, a significant investment that will likely support the company's growth and development. This funding will have a positive impact on the startup's operations and potentially create new opportunities for its employees and customers. AI-assisted, human-reviewed.

Deep-tech startup Ctruh has secured a $2.5 million seed funding to develop the foundational infrastructure for the spatial internet, a concept that aims to connect physical spaces and objects. This investment will likely impact the development of new technologies and industries related to spatial computing. AI-assisted, human-reviewed.

AI startup Anthropic has raised new funding valuing it at $900 billion, positioning it to potentially surpass OpenAI as the industry leader. This valuation reflects investor confidence in its AI advancements and could reshape the competitive AI landscape. AI-assisted, human-reviewed

Aurora Ventures is a new investment fund focused on backing startups led by women and underrepresented groups, addressing a blind spot in the venture capital industry where these founders often struggle to secure funding. This fund aims to provide opportunities to entrepreneurs who face systemic barriers in the market. AI-assisted, human-reviewed.

AI startup Legora secured $600 million in Series D funding, valuing the company at $5.6 billion, with backing from Nvidia and Atlassian. This investment highlights growing confidence in AI tools for legal applications, potentially transforming how legal professionals operate. AI-assisted, human-reviewed

Shopify has partnered with live shopping platform Whatnot, allowing sellers to expand their reach beyond traditional e-commerce through immersive, real-time shopping experiences. This integration aims to cater to the growing demand for interactive retail experiences. AI-assisted, human-reviewed.