“Why do I have to beg my grandparents to put on their hearing aids, but no one has ever needed to ask me to put on my glasses?” That’s the question that drove Matthew de Jonge to spend six years building Fortell, an AI hearing…
Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series “Mafia,” has joined the firm as a partner.
The debut episode, moderated by Founders Fund Chief Marketing Officer Mike Solana, included a star-studded cast of current tech luminaries.
Layup Parts co-founder Zack Eakin has drawn on a motorsports background, and his experience working for Palmer Luckey and Elon Musk, to tackle making faster, cheaper, and better composites.
VC firm 137 Ventures has raised over $700 million to back growth-stage startups. Its portfolio includes SpaceX, Anduril, Hadrian.
The deal would effectively double the company’s $5.6 billion valuation in just four months.
The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.
Nominal provides hardware testing equipment to defense tech companies. Founders Fund led the preemptive deal.
The infusion of funding for the AI startup takes place as it is vying for customers and cultural attention with its competitor, OpenAI.