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Nicolas Sauvage is betting on the boring parts of AI

The portfolio he has assembled since 2019 is dotted with technologies that have become more widely interesting to VCs over the last year:

Musely secures $360M from General Catalyst without giving up equity

The DTC skin, hair, and menopause care brand will use the non-dilutive capital to super-charge customer acquisition.

Coatue has a plan to buy up land for data centers, possibly for Anthropic

Coatue, one of the biggest names in venture capital, has a new venture that is reportedly buying land near large power sources.

Anthropic potential $900B+ valuation round could happen within two weeks

Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter.

SpaceX backer 137 Ventures raises $700M for two growth-stage funds

VC firm 137 Ventures has raised over $700 million to back growth-stage startups. Its portfolio includes SpaceX, Anduril, Hadrian.

Sources: Anthropic could raise a new $50B round at a valuation of $900B

The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.

Bill Gurley, Jack Altman back startup Pursuit, which helps companies sell to government

On Wednesday, Pursuit announced a $22 million seed round led by Mike Rosengarten, the co-founder of OpenGov with out big-name VCs participating.

BMW i Ventures has a new $300M fund and AI is riding shotgun

BMW i Ventures is interested in startups working on agentic AI and physical AI, as well as industrial software, advanced materials, and manufacturing and supply chain technologies.

How one venture firm is investing in an increasingly fragmented world

Geopolitical turmoil has made venture investing challenging, leading Kompas VC to carve out a niche in startups focused on the physical world.