seed

Using drop casting, in which a drop of liquid containing a suspension of the desired materials is deposited on a surface, dean of engineering Anantha Chandrakasan and his colleagues produced tags less than a tenth of an inch in diameter. Then they found a way to add color to silk microparticles and mix four basic types to create random patterns.  “With a minimal amount of silk, we were able to generate 128 random bits of security,” says Benedetto Marelli, a professor of civil and environmental engineering and a coauthor…

Frst, the Paris-based VC firm with no vowel in its name, is in the process of raising its second fund. The firm has already reached a first closing of €72 million (nearly $80 million at today’s exchange rate). And if there’s one thing to say about this new fund is that it’s business as usual for Frst. As the name suggests, Frst aims to be the first VC firm to invest in a tech startup. Frst even tells me that around half of the VC firm’s term sheets are sent before the startups are incorporated. The firm has decided…

In a world where people working from home still need access to networks and a ton of other use cases, Netmaker lets users create and manage VPN connections without the learning curve, as Romain wrote last year when the company announced its seed round. Netmaker submitted its pitch deck to TechCrunch+, and today we’re taking a close look at the deck the company used to raise its $2.3 million round. We’re looking for more unique pitch decks to tear down, so if you want to submit your own, here’s how you can do that.…

The artificial intelligence hype shows no sign of fading just yet, and investors are practically falling over themselves to fund the next big thing in AI. Yesterday, Paris-based startup Mistral AI announced it had secured €105mn in what is reportedly Europe’s largest-ever seed round.  Mistral AI was founded only four weeks ago, by a trio of AI researchers. Arthur Mensch, the company’s CEO, was formerly employed by Google’s DeepMind. His co-founders, Timothée Lacroix (CTO) and Guillaume Lample…

Techstars’ Kerty Levy knows a thing or two about where seed funding is, and where it might be going, in the Northeast. During a presentation at TechCrunch’s Early Stage in Boston last month, Levy took a brief look at deal counts and valuations before exploring in more depth what the obstacles to funding are right now, and what founders are going to have to expand on in order to cut a deal. From 2021 to 2022, overall deal count in the Northeast was down around 25%. It might not be surprising, but…

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Zug, Switzerland, May, 2023 — The Odsy Foundation, a non-profit organization dedicated to fostering and developing the Odsy Network ecosystem, today announced it raised $7.5M in seed funding that set the Odsy Network valuation at $250M. The round was led by Blockchange Ventures with participation of VCs, strategic partners and investment DAOs including Rubik Ventures, No Limit Holdings, Node Capital, Insignius Capital, FalconX, SolrDAO, TPC and others.   Over the past decade, the need for interconnected solutions that…

Mumbai-based fintech startup Fundly.ai on Sunday said it has raised $3 million in a seed funding round, led by Accel. Other investors in the round included Multiply Ventures and other angel investors. The pharma supply chain startup that services retailers and distributors also financially equips them to manage better cash flows and increase their margins. The company, currently present in southern and western Indian markets, wants to focus on growing in its existing markets, Fundly.ai founder Amit Chawla told ET. Founded…

The Department for Promotion of Industry and Internal Trade (DPIIT) is undertaking a third-party assessment of the Rs 945-crore Startup India Seed Fund Scheme to see its impact on the ground, a senior government official said on Tuesday. The scheme, launched in April 2021, aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialisation. The fund was divided into four years for providing seed funding to eligible startups through incubators…

Italian researchers have created a novel 4D-printed biodegradable soft robot shaped like a seed that changes shape in response to changes in humidity and can navigate through the soil. The device has great potential as a new way of monitoring the environment.4D printing is the process of using 3D printing to create objects that can change their shape or properties in response to environmental factors such as light and temperature. The technology has been used previously to create self-assembling, programmable material…