Andrew Ng is raising a $150M AI Fund

 We knew that Andrew Ng had more than just a series of deep learning courses up his sleeve when he announced the first phase of his deeplearning.ai last week. It’s clear now that the turn of Ng’s three part act is a $150 million venture capital fund targeting AI investments. Ng, who formerly founded Google’s Brain Team and served as chief scientist at Baidu has long… Read More

A running list of every company backed by the $93B SoftBank Vision Fund

 When SoftBank announced the first close of its $93 billion Vision Fund back in May it was hard to understand how the company would even manage to deploy so much capital in an already saturated ecosystem. Two months have passed and we’re starting to get a taste of the strategy of the fund — bet big and bet often and you just might be able to influence who wins and loses in the… Read More

Visa makes strategic investment in card processing startup Marqeta

 Since 2010, Marqeta has quietly established itself as the underlying tech provider for businesses that are looking to issue virtual and physical debit and credit cards to employees, partners and customers alike. As it looks to expand internationally and sign up customers around the globe, the company has taken $25 million in strategic investment from payments heavyweight Visa. Read More

Calling All Fin Tech Startups!!!!

My friend and fellow former trader Alan Matthew of Tribal Ventures alerted me to this. It’s a good opportunity for fin tech startups to get some exposure to potential customers.  I don’t think this is a good opportunity to get investors. But, customers are way more important than investors. Here is a copy of the announcement.  
FIA seeking innovators for Expo 2017
FIA invites all fintech startups to apply to be featured in the Innovators Pavilion at Expo 2017! We are looking for leading edge companies that are creating innovative products and services for any aspect of the global securities and derivatives industry. These innovations can include blockchain, machine learning, big data, cloud computing and social trading.The Innovators Pavilion is an integral part of FIA’s Annual Futures and Options Expo. The FIA Innovators program celebrates innovation and entrepreneurship in financial markets technology. Nearly 40 companies have participated in Continue reading "Calling All Fin Tech Startups!!!!"

Rover raised $65 million for pet sitting

walking the dog Finding temporary housing for your dog should be as easy as renting an Airbnb. That’s the idea behind Rover, which raised $65 million to expand its pet sitting and dog-walking businesses. The Seattle-based company got a significant vote of confidence from Spark Capital, which is leading the round and additional capital from existing investors including Menlo Ventures, Foundry Group,… Read More

Anna Patterson talks Gradient Ventures, Google’s new AI fund

 It’s been pretty obvious for a few months now, but Google has finally admitted that it’s running its own investment fund targeting machine intelligence startups. The fund will go by the name Gradient Ventures and provide capital, resources and education to AI-first startups. Google isn’t disclosing the size of the fund, but the company told us that it’s being run… Read More