#funding

RE: https://mastodon.social/@Blender/116482997785333001 Reputation is one of the most valuable things any social project has. It can inspire people to do great things together. Money is, *waves hand*, helpful; but just a thing. It's not valuable in itself, only in what things it can be transacted to get people to do for you. If you trade inspiration for transactional power, then you no longer need to lead people, just money. And money just isn't as valuable as people. #Blender #PayForFreeSoftware #FOSS #OSS #FreeSoftware #funding

All Content from Business Insider | A startup building the Harvey for patent law has raised $40 million by Melia Russell Arthur Jen and Paul Lee.Patlytics Patlytics builds software for law firms and businesses to automate patent filing and litigation.The startup has raised $40 million in new funding, putting it out in front of the IP-tech landscape.Its CEO says Harvey paved the way, but it can't easily match the nuanced tasks Patlytics handles.As Harvey and Legora race to become the main AI tool for lawyers, a wave of startups is going deeper, building software for more specialized work. Patlytics is one of them, betting that the future of legal tech won't be broad platforms, but software that can handle the complexity others can't. Founded by Paul Lee and Arthur Jen, Patlytics automates the entire patent lifecycle, helping customers with everything from invention disclosures and filing to complex portfolio management and IP litigation. A secretive market fills upRead the original article on Business Insider Read more: https://www.businessinsider.com/patlytics-raises-40-million-funding-patent-law-ip-2026-4 #funding #legal-ai #legal-tech #patents #startups

Observer | Jeff Bezos Is Quietly Building an A.I. Dream Team at Project Prometheus by Alexandra Tremayne-Pengelly Jeff Bezos has been keeping a low profile since stepping in as co-CEO of Project Prometheus, the code name for his secretive A.I. startup, last year. But behind the scenes, he’s been busy. The company has been raising fresh capital, pursuing acquisitions and aggressively recruiting top talent across Silicon Valley. One of its newest hires is Kyle Kosic, recruited to join Bezos’s initiative after stints at OpenAI and xAI, according to the Financial Times. Kosic joins a fast-growing team filled with alumni from major tech companies. Like many of Project Prometheus’s recruits, he specializes in A.I. infrastructure. Such skills will be crucial as the company aims to transform engineering and manufacturing through automation powered by A.I. Project Prometheus gives Bezos’s first operational position since stepping down as Amazon’s CEO in 2021. Although he remains the founder of Blue Origin, he’s no longer its chief executive. At Project Prometheus, however, he shares leadership duties with co-founder Vikram Bajaj, a former Google X researcher who also co-founded the life sciences venture Verily and the investment firm Foresite Capital. Since launching in 2025, Project Prometheus has expanded rapidly, filling offices in San Francisco, London and Zurich. Investors have taken notice. The startup raised $6.2 billion last year and now seeks another $6 billion to develop A.I. systems that move beyond large language models (LLMs) toward physical applications in real-world industries. Bezos and Bajaj are also reportedly in talks to raise a separate $100 million fund to acquire manufacturing companies in sectors such as semiconductors, defense and aerospace that could benefit from A.I. automation. Read more: https://observer.com/2026/04/jeff-bezos-project-prometheus-new-hires/ #artificial-intelligence #funding #jeffbezos #startups #projectprometheus

Plum Insurance has raised 20.5 million USD in Series B funding led by Peak XV Partners to expand AI-powered claims operations and venture into preventive care, mental wellness and telehealth. The employee health benefits platform serves over 6,000 organisations. https://entrackr.com/news/plum-insurance-raises-205-mn-in-series-b-round-led-by-peak-xv-11264489 #India #Tech #Funding #PeakXV #Plum

22 Indian startups raised around 162.98 million USD this week, comprising 6 growth-stage and 16 early-stage deals. Growth-stage startups raised 120.3 million USD, led by Mozark's 40 million USD Series B. Bengaluru topped with 9 deals. https://entrackr.com/report/weekly-funding-report/funding-and-acquisitions-in-indian-startup-this-week-mar-09-mar-14-11211841 #India #Tech #Funding #Startup

Africa: Spiro Raises $50m to Expand Electric Motorcycle Network Across Africa: [Daba Finance] Kenya-based electric mobility company Spiro has secured $50 million in new funding to expand its battery-swapping network and electric two-wheeler operations across Africa. http://newsfeed.facilit8.network/TRDvfs #Africa #ElectricVehicles #Sustainability #Funding #Kenya

Students feel they're paying the bill for Ontario's new post-secondary funding After an eight-year tuition freeze across the province, Ontario post-secondary students have found out that fees will now go back to increasing year over year — and with less financial assistance, too. #education #funding #students #Ontario https://www.cbc.ca/news/canada/london/students-feel-they-re-paying-the-bill-for-ontario-s-new-post-secondary-funding-9.7087721?cmp=rss