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

Database provider MongoDB has filed confidentially for IPO

 MongoDB has filed confidentially for IPO, TechCrunch has learned. The company has submitted an S-1 filing in the past few weeks and is aiming to go public before the end of the year. New York-based MongoDB helps companies including Adobe, eBay and Citigroup manage databases. Some of its offerings include its name-bearing MongoDB open source database and the Atlas database-as-a-service… Read More

Tetra raises a $1.5M seed round to bring deep learning to voice transcription

 There are a million and one services for voice transcription on the market. But even with just one job to do, I’ve never seen a service that can handle the long tale of vocabulary used in the real world. This is particularly challenging if you’re a startup trying to sell your service to enterprises that rely on accurate transcription for their operations. Jon Goldsmith, co-founder… Read More

Auris Surgical Robotics, founded by superstar Fred Moll, has quietly closed on a ton of money

 Auris Surgical Robotics, a 10-year-old, San Carlos, Ca.-based surgical robotics company that was founded by serial entrepreneur Frederic Moll, has quietly raised $280 million in Series D funding led by Coatue Management. The company had previously raised at least $184 million from investors, shows Crunchbase. Its other backers include Mithril Capital Management (cofounded by Peter Thiel and… Read More

WanderJaunt wants to make a brand for itself on Airbnb with $2M in seed funding

 I’ll admit, when WanderJaunt co-founder Michael Chen told me he wanted to build a hotel chain, like the Westin, from the ground up on Airbnb, I wasn’t sure what to think. There are already dozens of property management startups for short-term rentals (Vacayo, Guesty etc. And besides, isn’t the commercial dominance and economic power of hotel groups half the reason people… Read More

Our favorite startups from 500 startups’ 21st class

 Another season, another group of startups presenting as part of 500 Startups’ 21st demo day. This time around, 29 companies pitched on stage at the Computer History Museum in Mountain View. We noticed strong trends in healthcare focused businesses as well as startups tackling international markets out of the gate. Perhaps the most interesting trait of the startups selected for our top… Read More