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March 3, 2025 - Deals
Flora Secures Funding From A16Z Games Speedrun Menlo Ventures And Long Journey Ventures
Flora, founded by CEO Weber Wong, is building an AI-powered “infinite canvas” for creative professionals, aiming to provide intuitive yet powerful tools for visual artists. Unlike existing AI tools that prioritize ease over control, Flora integrates with AI models while maintaining a flexible interface for generating text, images, and video. The company recently launched with backing from A16Z Games Speedrun, Menlo Ventures, and Long Journey Ventures, alongside angels from Midjourney, Stability, and Pika. Flora offers a free tier with limited projects, while professional plans start at $16 per month.
FOUNDER: Weber Wong
INVESTORS: A16Z Games Speedrun, Menlo Ventures & Long Journey Ventures
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #WeberWong #A16ZGamesSpeedrun #MenloVentures #LongJourneyVentures #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