Luma raises $4.3M to make 3D models as easy as waving a phone around

When online shopping, you’ve probably come across photos that spin around so you can see a product from all angles. This is typically done by taking a number of photos of a product from all angles, and then playing them like an animation. Luma — founded by engineers who left Apple’s AR and computer vision […]

Will Smith, Kevin Durant and Sean ‘Diddy’ Combs invest in electric boat startup Arc

Arc, a startup that launched 10 months ago with ambitions to electrify everything on the water, starting with a limited-edition $300,000 boat, has captured the attention and capital of some of the entertainment industry’s biggest stars. The startup, which closed a seed round in February led by VC firm Andreessen Horowitz, has brought on several […]

Zeit secures $2M in seed funding for its stroke-detecting wearable

Zeit Medical, which makes an early warning system for strokes during sleep, has raised $2 million in a seed round just after leaving Y Combinator’s Summer 2021 cohort. The company’s work suggests the brain-monitoring headband could save lives by alerting people to possible strokes hours before they might otherwise be noticed, and the new funding […]

Satellite manufacturer Terran Orbital to go public in $1.58B SPAC merger

Terran Orbital, a leading manufacturer of small satellites, is going public in a merger with special purpose acquisition company (SPAC) Tailwind Two Acquisition Corp. The deal has a post-transaction enterprise value of $1.58 billion and will furnish the company with around $470 million. Of those funds, $345 million will come from Tailwind Two’s contribution, plus […]

Tiger Global leads $25M investment into Swap, which aims to be ‘LatAm’s fintech factory’

Swap, a São Paulo-based BaaS startup, announced today it has raised $25 million in a Series A led by Tiger Global Management. The financing was “heavily oversubscribed,” according to the company, which has now raised $28 million since its October 2018 inception. Endeavor, Tinder co-founder Justin Mateen, partners of DST Global, ONEVC, Global Founders Capital […]

Sequoia provides founders with key insights on launching, building and fundraising

Sequoia hosted a private, sponsored AMA for founders in Startup Battlefield and Startup Alley at the virtual Disrupt SF last month. Stephanie Zhan, Konstantine Buhler, George Robson and Josephine Chen shared some key insights and best practices. It was good stuff, so we wanted to share. We took some highlights from the session and chatted […]