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September 9, 2025 - Deals

Hero Assistant Raises $3.5M Seed Round Led By Forerunner Ventures At $30M Valuation

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Hero Assistant (@Hero_Assistant), a San Francisco-based startup founded by Brad Kowalk and Seung Lee, has raised a $3.5M Seed round, bringing its total funding to $7M at a $30M valuation. The company is building the first “Daily Assistant” superapp designed to consolidate calendars, weather, tasks, habits, goals, grocery ordering, notes, and news into one platform, already replacing up to 8 apps for its 300,000+ users. The round was backed by Forerunner Ventures, Mantis VC (The Chainsmokers), Neo, Abstract, and angel investors, including Instacart co-founder Max Mullen, Dropbox co-founder Arash Ferdowsi, Scott Belsky, and Julie Zhuo. INVESTORS: Mantis VC, Forerunner Ventures, Neo, Abstract, Max Mullen, Arash Ferdowsi, Scott Belsky, & Ime Archibong ROUND: Seed AMOUNT: $3,500,000 TOTAL RAISED: $7,000,000 VALUATION: $30,000,000 HQ: #SanFrancisco #California #VentureCapital #HeroAssistant #BradKowalk #SeungLee #Forerunner #TradedPartner #MaxMullen #ArashFerdowsi #ScottBelsky #MantisVC #ImeArchibong #TheChainsmokers #Neo #Abstract #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