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August 7, 2025 - Deals
Kontext Raises $10M In Seed Funding Led By M13 With Investors Torch Capital Credo Ventures And Parable VC
Kontext, a San Francisco-based advertising platform for AI chatbots and GenAI apps, raised $10M in seed funding led by M13, with backing from Torch Capital, Credo Ventures, and Parable VC. Led by CEO Andrej Kiska, the company enables brands like Amazon, Uber, and Canva to run real-time, context-aware ads within chatbots, reporting 2–3x higher click-through rates and up to 30% better return on ad spend compared to traditional ad channels.
INVESTORS: M13, Torch Capital, Credo Ventures & Parable VC
ROUND: Seed
AMOUNT: $10,000,000
HQ: #SanFrancisco #California
#VentureCapital #Kontext #M13 #TorchCapital #CredoVentures #ParableVC #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