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May 18, 2025 - Deals

Doji Secures $14 Million Seed Funding Led By Thrive Capital And 776

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Doji, a fashion-tech startup founded by Dorian Dargan and Jim Winkens, has raised a $14 million seed round led by Thrive Capital, with participation from Seven Seven Six Ventures. The company uses proprietary diffusion models to create hyper-realistic AI avatars for virtual try-ons, aiming to make online fashion shopping more fun, social, and personalized. Dargan, who previously worked at Apple and Meta, and Winkens, a former DeepMind researcher, launched Doji to reimagine the shopping experience through a “virtual mirror” that lets users see themselves in new looks. The app, currently in invite-only mode, is available in over 80 countries. INVESTORS: Thrive Capital (Josh Kushner), Origins (Salomon Aiach), 776 (Alexis Ohanian) ROUND: Seed AMOUNT: $14,000,000 HQ: #NewYork #NY #NewYorkCity #NYC #VentureCapital #Doji #DorianDargan #JimWinkens #ThriveCapital #SevenSevenSixVentures #TradedVC

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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts. FOUNDERS: Ben Lamm & George Church TARGET VALUATION: $23,000,000,000 HQ: Dallas, Texas #VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC