Venture Pill E145: 10 Person Unicorn, Fitness Rings, and xAI’s Massive Round
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And now for this week’s prescription:
On this week’s dose, we begin (1:42) with Gumloop, a startup that allows users to automate any workflow using AI without requiring any coding experience, hot off a $17M Series A. Next (10:13), we spotlight Oura, the pioneering sleep-tracking ring leveraging strategic partnerships to strengthen its position in the wearables market, fresh off a $200M Series D. Finally (17:22), we turn to xAI, Elon Musk’s contender in the AI arms race, breaking down their massive $6B Series C.
Sources:
https://blog.gumloop.com/gumloops-17m-series-a/
https://techcrunch.com/2024/12/25/elon-musks-xai-lands-billions-in-new-cash-to-fuel-ai-ambitions/
https://pitchbook.com/news/reports/q3-2024-ai-ml-report
Music Credit: Chapter One by Cole Bauer and Dean Keeton
https://www.instagram.com/deankeeton/?hl=en