Hacker News with Generative AI: Funding

Thoughts on a month with Devin (answer.ai)
In March 2024, a new AI company burst onto the scene with impressive backing: a $21 million Series A led by Founders Fund, with support from industry leaders including the Collison brothers, Elad Gil, and other tech luminaries. The team behind it? IOI gold medalists - the kind of people that solve programming problems most of us can’t even understand.
Artificial Intelligence, Startups, Funding
266 points by swyx 23 hours ago | 175 comments
Colossal Biosciences raises $200M at $10.2B valu. to bring back woolly mammoths (techcrunch.com)
Colossal Biosciences, the company that’s famously on a mission to bring back the woolly mammoth and two other extinct species, has raised a $200 million Series C at a $10.2 billion valuation from TWG Global, the investment company of Guggenheim Partners co-founder Mark Walter and the billionaire Thomas Tull.
Biotechnology, Extinct Species, Funding, Startups
9 points by this_weekend 2 days ago | 2 comments
The Movement to Redirect Billions of Taxpayer Dollars to Private Schools (propublica.org)
Private letters reveal the strategy behind the decadeslong quest — successful in 12 states and counting — by politicians, church officials and activists to make taxpayer-funded school vouchers available not just to the poor but to the wealthy.
Education, Politics, Public Policy, Funding
33 points by rbanffy 4 days ago | 60 comments
Google launches a 'neutral' Chromium development fund (theverge.com)
Google is partnering with The Linux Foundation to launch an initiative meant to “fund open development and enhance projects” in the Chromium ecosystem, according to an announcement on Thursday.
Google, Open Source, Chromium, Linux Foundation, Funding
6 points by popey 8 days ago | 1 comments
Google and Linux Foundation Launch "Supporters of Chromium-Based Browsers" Fund (phoronix.com)
Google and the Linux Foundation today announced the creation of the "Supporters of Chromium-Based Browsers" fund to help provide funding to open-source developers working on Chromium-based open-source projects.
Google, Linux Foundation, Open Source, Browsers, Funding
4 points by LorenDB 8 days ago | 1 comments
China starts Big Fund III spending: $47B for ecosystem and fab tools (tomshardware.com)
China, Semiconductor Industry, Investment, Technology, Funding
4 points by rbanffy 10 days ago | 0 comments
Bluesky is being valued at around $700M in new funding round (businessinsider.com)
Bluesky, an alternative to X, saw a surge of users after Donald Trump was elected in November.The company is raising new funding that would value it around $700 million, according to three sources.
Social Media, Funding, Startups
14 points by rglullis 10 days ago | 20 comments
Climate group that called for Gaza ceasefire risks losing federal funding (theverge.com)
An alliance of grassroots environmental groups could lose $60 million in federal funding after calling for a ceasefire in Gaza.
Climate Change, Politics, Israel, Palestine, Funding
6 points by lots2learn 14 days ago | 0 comments
OpenAI’s board, paraphrased: ‘All we need is unimaginable sums of money’ (daringfireball.net)
The hundreds of billions of dollars that major companies are now investing into AI development show what it will really take for OpenAI to continue pursuing the mission. We once again need to raise more capital than we’d imagined. Investors want to back us but, at this scale of capital, need conventional equity and less structural bespokeness.
Artificial Intelligence, Business, Funding, OpenAI
325 points by ajuhasz 19 days ago | 313 comments
OpenAI says it needs 'more capital than we'd imagined', lays out for-profit plan (cnbc.com)
OpenAI, Artificial Intelligence, Business, Finance, Funding
8 points by koolba 22 days ago | 0 comments
Perplexity's value triples to $9B in latest funding round for AI search engine (ft.com)
Artificial Intelligence, Funding, Search Engines, Business
5 points by belter 28 days ago | 3 comments
Ray Browser raises $6.5M to boost web-based gaming (pocketgamer.biz)
Web-based gaming platform Ray Browser has raised $6.5 million in a new investment round.
Web-based Gaming, Funding, Startups
20 points by astlouis44 29 days ago | 0 comments
Sovereign Tech Fund Invests in OpenStreetMap (openstreetmap.org)
We are thrilled to announce that the OpenStreetMap Foundation has been selected by the Sovereign Tech Agency for a service agreement in the amount of 384,000 EUR over two years to ensure the stability, growth and modernization of OpenStreetMap’s core software.
OpenStreetMap, Funding, Mapping, Technology, Government
34 points by altilunium 29 days ago | 4 comments
Supporting the software we use, not just the software we see (ecosyste.ms)
We’ve sourced, indexed, and packaged millions of open source components into a few hundred curated funds, dedicated to supporting the work of critical projects and maintainers within their respective communities.
Open Source, Software Development, Community, Funding
5 points by protontypes 40 days ago | 2 comments
Ask HN: What SOM Makes Startups Attractive to VCs? (ycombinator.com)
Startups, Venture Capital, Funding, Business, Advice
8 points by djokester 40 days ago | 3 comments
Resend (YC W23) raises $18M Series A (resend.com)
Resend just raised a $18M Series A led by Andreessen Horowitz.
Funding, Startups, Series A, Venture Capital, YC
12 points by zenorocha 45 days ago | 5 comments
Jeff Bezos backs AI chipmaker Tenstorrent (techcrunch.com)
AI hardware startup Tenstorrent raised nearly $700 million in new funding.
Artificial Intelligence, Hardware, Funding, Startups
13 points by berkeleyjunk 46 days ago | 0 comments
FLOSS.fund: $1M a year for FOSS projects (floss.fund)
FLOSS/fund is dedicated to supporting critical, impactful, and valuable Free/Libre and Open Source projects globally.
Open Source, Funding, Software, Community
32 points by nileshtrivedi 50 days ago | 4 comments
Tempest launches its enterprise developer platform and raises $3.2M (tempestdx.com)
Today marks a pivotal moment for Tempest. With $3.2M in seed funding led by Abstract Ventures, Box Group, and Background Capital, and backed by industry luminaries like Max Mullen (Instacart co-founder), Jason Chan (former VP of InfoSec at Netflix), and Mike Abbott (former VP of Engineering at Apple), we are officially launching into General Availability.
Software, Funding, Startups, Enterprise, General Availability
15 points by Vpr99 54 days ago | 1 comments
NASA awards $11.5M to help design the aircraft of tomorrow (space.com)
NASA, Aerospace, Aviation, Technology, Funding
12 points by Brajeshwar 55 days ago | 1 comments
GitHub Secure Open Source Fund (github.blog)
Today, we’re announcing the call for applicants for the GitHub Secure Open Source Fund, a program designed to financially and programmatically improve security and sustainability of open source projects.
Open Source, Security, Funding, GitHub
5 points by wicket 59 days ago | 0 comments
Tessl raises $125M for a zero maintenance, spec-centric AI software dev platform (tessl.io)
Today is an exciting day at Tessl: we’re announcing $125M in funding, including an April $25M seed round led by boldstart and GV, and a new $100M Series A led by Index with participation from Accel. We’re happy to be well-fueled for the big journey ahead, and humbled by this vote of confidence in our mission and team.
AI, Funding, Software Development, Startups
24 points by destraynor 65 days ago | 4 comments
Sentry just gave $750k to open source projects (sentry.io)
Sentry started out as an Open Source side project in 2008. Today we are a Fair Source company with 100,000+ organizations on our SaaS and $100M+ ARR, but we have not forgotten our roots nor the hundreds of Open Source maintainers whose work we depend on for our success. Every year we share our success with the community, and 2024 is no different. This year, our budget is $750,000, up 50% from last year.
Open Source, Funding, Software, Business
137 points by kmelve 66 days ago | 22 comments
Bluesky capitalizes on X woes with funding and user growth (theregister.com)
Bluesky says it has hauled in more than 13 million users, up from about three million when it opened to the public in February 2024.
Social Media, Competition, Funding, User Growth
9 points by PaulHoule 67 days ago | 2 comments
Funding restored for man-page maintenance (lwn.net)
Man pages maintainer Alejandro Colomar announced in September that he was suspending his work due to a lack of support. He has now let it be known that funding has been found for the next year at least:
Software, Open Source, Community, Funding
105 points by biorach 72 days ago | 63 comments
Why Slight Failed: A Slight Post-Mortem (colmanhumphrey.com)
Back in late 2020, my good friend Raiden and I co-founded Slight. Over the next two and a half years, we got it off the ground, raised a pre-seed round, and got some customers on-board, but in the end we didn’t have enough traction to raise our seed round. We got close with a few investors (after I talked to many…), but getting close still means the company dies.
Startup, Business, Failure, Funding
155 points by KraftyOne 81 days ago | 73 comments
How we didn't find product market fit (medium.com)
How we didn’t find the Product market fit with $200.000 Pre-seed Funding. Here’s the truth. — Part 2
Startups, Product Development, Funding, Business
41 points by withoutshape 82 days ago | 3 comments
Show HN: Bookface for Non-YC Founders (socap.ai)
Many problems can be solved 10x better through other founders
Startups, Funding, Entrepreneurship
8 points by ednevsky 85 days ago | 1 comments
Bluesky raises $15M Series A, plans to launch subscriptions (techcrunch.com)
Decentralized social app Bluesky announced on Thursday that it has raised a $15 million Series A round, following its $8 million seed raise last year.
Social Media, Funding, Business, Startups
11 points by lifesaverluke 85 days ago | 0 comments
Bluesky Announces Series A to Grow Network of 13M+ Users (bsky.social)
Bluesky now exceeds 13 million users, the AT Protocol developer ecosystem continues to grow, and we’ve shipped highly requested features like direct messages and video. We’re excited to announce that we’ve raised a $15 million Series A financing led by Blockchain Capital with participation from Alumni Ventures, True Ventures, SevenX, Amir Shevat of Darkmode, co-creator of Kubernetes Joe Beda, and others.
Social Media, Funding, Growth, Decentralization
35 points by mkeeter 86 days ago | 30 comments