Othership Secures $11.3 Million From Investors For U.S. Expansion Of Wellness Experiences

Toronto-based wellness startup Othership, co-founded by Robbie Bent, has raised $11.3 million through a SAFE to fuel its U.S. expansion, focusing on growing its immersive social sauna and ice bath experiences in New York and beyond. Founded in 2019, Othership aims to offer alcohol-free, phone-free spaces for breathwork, community connection, and emotional wellness, and is backed by notable investors including Rocana Ventures and pop singer Shawn Mendes. INVESTORS: Vine Ventures, Rocana Ventures, 5D World, Arben Ventures, DML Group, AG Ventures, Ambush Capital, Andrew Yeung, Shawn Mendes & Elizabeth Cutler AMOUNT: $11,300,000 HQ: #Toronto #Ontario #Canada #VentureCapital #Othership #VineVentures #RocanaVentures #5DWorld #ArbenVentures #DMLGroup #AGVentures #AmbushCapital #ShawnMendes #ElizabethCutler #RobbieBent #TradedVC

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Wafer Secures $40 Million In Series A Funding At $200 Million ValuationSan Francisco-based Wafer raised $40 million in Series A funding at a $200M+ valuation, bringing its total funding to $44.5 million. Founded by Emi Andere and Steven Arellano, Wafer sells fast inference for open-source LLMs, using AI agents to continuously optimize GPU kernels based on workload traffic and performance constraints. The round included Marathon, Chemistry, Wing, Fifty Years, Outset Capital, Y Combinator and AMD Ventures. FOUNDERS: Emilio Andere (@EmiAndere) & Steven Arellano (@_StevenArellano) INVESTORS: Marathon, Chemistry, Wing, Fifty Years, Outset Capital, Y Combinator & AMD Ventures ROUND: Series A AMOUNT: $40,000,000 VALUATION: $200M+ HQ: San Francisco, California #VentureCapital #Wafer #EmilioAndere #TradedPartner #TradedVC