Thrive Capital
PulseAugur coverage of Thrive Capital — every cluster mentioning Thrive Capital across labs, papers, and developer communities, ranked by signal.
- 2024-02-13 funding Thrive Capital invested in 17 other venture capital firms from its growth fund. source
5 day(s) with sentiment data
Thrive Capital's focus on AI across defense and health tech
Thrive Capital's recent lead investments in both Anduril (defense tech) and Isomorphic Labs (drug discovery) highlight a strategic focus on AI applications within critical sectors. This pattern suggests a deliberate investment thesis centered on AI's transformative potential in areas with high societal and economic impact.
Thrive Capital to lead another major AI funding round within 30 days
Thrive Capital has recently led significant funding rounds for two prominent AI-driven companies, Isomorphic Labs and Anduril. Given their demonstrated appetite for backing high-growth AI ventures and their lead role in Isomorphic's upcoming round, it's probable they will lead another substantial AI funding round in the near future.
Thrive Capital to invest in health tech beyond drug discovery
Following their investment in AI-driven drug discovery firm Isomorphic Labs and prescription processing company Forus, Thrive Capital may expand its health tech portfolio. Their demonstrated interest in AI's application to healthcare suggests potential future investments in other AI-powered health tech sub-sectors.
-
Elon Musk's acquisition of SpaceX-founded Mesh Optical approved by FTC
Elon Musk's acquisition of Mesh Optical Technologies Corporation has been approved by the U.S. Federal Trade Commission (FTC). Mesh was founded by three former SpaceX engineers who previously led the Starlink satellite …
-
XDOF raises $70M for robot training data infrastructure
XDOF, a startup emerging from stealth, has raised $70 million to address the critical need for robot training data. The company aims to build the necessary data pipelines, collection tools, and annotation systems that f…
-
Fusion power advances, but civilization won't hinge on its immediate arrival
A recent analysis suggests that while nuclear fusion power is advancing rapidly with significant private investment, it may not be the sole prerequisite for a highly advanced civilization. Companies like Helion Energy, …
-
Anduril CEO: Economic warfare is the new normal for conflicts
Anduril CEO Brian Schimpf stated that modern conflicts are increasingly focused on economic disruption rather than solely military targets, citing the Strait of Hormuz as an example. He highlighted the U.S. military's r…
-
Zach Dell's Base Power seeks $1B funding at $12B valuation
Zach Dell's energy startup, Base Power, is reportedly in talks to secure approximately $1 billion in funding at a $12 billion valuation. Ribbit Capital is expected to lead this new funding round. Base Power provides hom…
-
Demis Hassabis' Isomorphic Labs raises $2.1B for AI drug discovery
Isomorphic Labs, an AI drug discovery startup founded by Demis Hassabis, has secured $2.1 billion in Series B funding led by Thrive Capital. The company plans to use the new capital to scale its compute resources, gener…
-
AI insurance automation firm Pace raises $46M at $375M valuation
Pace, an AI startup focused on automating insurance back-office tasks, has secured $46 million in Series B funding. The company utilizes AI agents capable of interacting with legacy systems to process insurance claims w…
-
OpenAI hires ex-F1 driver Colin Fleming as CMO
OpenAI has hired Colin Fleming, a former Formula 1 driver and executive from Salesforce and ServiceNow, as its new Chief Marketing Officer. Fleming's background includes a 13-year tenure at Salesforce, where he was inst…
-
AI enables new tech corridor between New York and South Florida
A new tech corridor is emerging between New York and South Florida, challenging the traditional city-centric model of innovation. This trend is driven by the increasing ability of AI tools to facilitate remote collabora…
-
Anduril raises $5B at $61B valuation on faster Pentagon buying
Defense technology startup Anduril has secured $5 billion in Series H funding, reaching a $61 billion valuation. This significant increase, more than double its previous valuation, is attributed to a shift in U.S. gover…
-
Isomorphic Labs and Anduril raise billions, fueled by AI advancements
Isomorphic Labs, an AI-driven drug discovery company, and Anduril, a defense technology firm, have both recently secured significant funding rounds. Isomorphic raised $2.1 billion in Series B funding, while Anduril clos…
-
Forus reaches $1B valuation with AI-powered prescription processing
Forus, a health tech startup, has achieved a $1 billion valuation and secured $160 million in funding to address the significant issue of unfilled prescriptions. The company utilizes AI to streamline the administrative …
-
Isomorphic Labs eyes $2B+ funding as Sinovac Biotech posts modest sales gain amid losses
Isomorphic Labs, an AI-driven drug discovery company spun out of Google DeepMind, is reportedly in advanced talks to raise over $2 billion in a new funding round. Thrive Capital, which led Isomorphic Labs' initial fundi…
-
Google DeepMind spinoff Isomorphic Labs raises $2.1B for AI drug trials
Isomorphic Labs, an AI-driven drug discovery company spun out of Google DeepMind, has secured over $2 billion in a Series B funding round. The substantial investment, led by Thrive Capital, will be used to expand its pr…
-
OpenAI takes an ownership stake in Thrive Holdings to accelerate enterprise AI adoption
OpenAI has taken an ownership stake in Thrive Holdings to accelerate the adoption of AI within enterprises. The partnership will focus initially on accounting and IT services, embedding OpenAI's research, product, and e…
-
Thrive Capital invests in 17 VC firms via growth fund
Thrive Capital, led by Joshua Kushner, has invested in at least 17 other venture capital firms using its $3.3 billion eighth growth-stage fund. These investments, revealed through emails obtained by Fortune, include bac…