Eridu Secures $200 Million Series A Funding Led By Socratic Partners And John DoerrEridu, an AI networking startup, has emerged from stealth with a $200 million Series A, bringing its total funding to $230 million. Co-founded by CEO Drew Perkins and Omar Hassen, Eridu is rethinking data center networking by designing chips and systems that integrate more networking functionality on silicon, reducing latency, power use, and cost as GPU clusters scale. The round was led by Socratic Partners, John Doerr, and Matter Venture Partners, with participation from Hudson River Trading, Capricorn Investment Group, MediaTek, Bosch Ventures, TDK Ventures, Eclipse, and VentureTech Alliance of TSMC. Perkins, a veteran networking entrepreneur, said Eridu’s idea crystallized after a 2023 conversation with Sam Altman of OpenAI about AI’s massive compute demands.
FOUNDERS: Drew Perkins & Omar Hassen
INVESTORS: Socratic Partners, John Doerr, Matter Venture Partners, Hudson River Trading, Capricorn Investment Group, MediaTek, Bosch Ventures, TDK Ventures, Eclipse & VentureTech Alliance
ROUND: Series A
AMOUNT: $200,000,000
HQ: Saratoga, California
#VentureCapital #Eridu #DrewPerkins #OmarHassen #TradedVC
Lux Aeterna Secures $10 Million Seed Round Led By Konvoy For Reusable Satellite Platform DelphiLux Aeterna, a Denver-based space infrastructure startup founded by ex-SpaceX engineer Brian Taylor, has raised $10 million in an oversubscribed seed round to develop the first fully reusable satellite platform, Delphi. The round was led by Konvoy, with participation from Decisive Point, Cubit Capital, Wave Function, and follow-on investment from Space Capital, Dynamo Ventures, and Channel 39, bringing the company's total funding to $14 million. Lux Aeterna’s Delphi satellites are designed with integrated conical heat shields that enable atmospheric reentry and refurbishment, aiming to transform space operations from a “launch-and-burn” model to a cost-effective, reusable fleet capable of supporting commercial, defense, and in-space manufacturing applications.
FOUNDER: Brian Taylor
INVESTORS: Konvoy, Decisive Point, Cubit Capital, Wave Function, Space Capital, Dynamo Ventures & Channel 39
ROUND: Seed
AMOUNT: $10,000,000
HQ: Denver, Colorado
#VentureCapital #LuxAeterna #BrianTaylor #TradedVC
Juicebox Raises $80 Million In Series B Led By DST Global At $850 Million ValuationJuicebox has raised an $80M Series B at an $850M valuation, led by DST Global with participation from Sequoia Capital, Coatue Management, and Y Combinator, bringing its total funding to over $116M. The company, now powering hiring for 5,000+ companies from startups to Fortune 100s, has tripled its ARR, engaged 3M+ candidates, and conducted over 500,000 searches since its last raise. Juicebox is focused on building AI-native recruiting teams and predictable outbound talent pipelines, and the new funding will accelerate product development, expand enterprise go-to-market efforts, and open its first international office in London this summer. The San Francisco-based team has grown to 40+ people, and the company credits its customers, partners, and investors for supporting its vision of transforming hiring.
FOUNDERS: David Paffenholz & Ishan Gupta
INVESTORS: DST Global, Sequoia Capital, Coatue Management & Y Combinator
AMOUNT: $80,000,000
VALUATION: $850,000,000
HQ: San Francisco, California
#VentureCapital #Juicebox #DavidPaffenholz #IshanGupta #TradedVC
Meta Acquires AI Platform Moltbook With CEO Matt Schlicht And COO Ben Parr JoiningMoltbook, the viral social media platform for AI agents, has been acquired by Meta, with CEO Matt Schlicht and COO Ben Parr joining Meta’s Superintelligence Labs. Built off the OpenClaw project, Moltbook enables autonomous AI agents to interact, complete tasks, and connect through an always-on directory, a feature Meta sees as a novel step in AI development. The deal highlights the growing mainstream interest in AI agents, and Schlicht and Parr are set to start at Meta on March 16.
FOUNDERS: Matt Schlicht & Ben Parr
#VentureCapital #Moltbook #Meta #TradedVC