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April 11, 2025 - Deals
Thinking Machines Lab Raises $2 Billion Seed Round At $10 Billion Valuation
Thinking Machines Lab, the stealthy new AI venture founded by former OpenAI CTO Mira Murati, is reportedly raising a staggering $2 billion seed round at a valuation of at least $10 billion. Though the company has no public product or revenue, it's drawing intense investor interest thanks to a star-studded team, including advisers like former OpenAI research leads Bob McGrew and Alec Radford. The startup aims to build AI systems that are more customizable, capable, and broadly understandable than existing models.
AMOUNT: $2,000,000,000
HQ: #SanFrancisco #California
#VentureCapital #ThinkingMachinesLab #MiraMurati #TradedVC
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View AllGreat Things Invests $40M In Technology Companies While Committing 20% To PhilanthropyWhat if a family office treated philanthropy like venture capital?
Giorgos Tsetis, co-founder of Nutrafol, is building Great Things around a simple rule: at least 20% of annual net realized profits go directly to philanthropy.
The family office has deployed nearly $40M over the past 18 months into private technology companies including Anthropic, SpaceX, Lila Sciences and others, while committing a portion of the upside to its network of “Impact Partners.”
The thesis is simple: give while the wealth is being created, not decades later.
Great Things is also becoming more selective on AI, increasingly favoring later-stage companies with proprietary technology, clear paths to liquidity, and the ability to withstand a market correction.
Now comes the bigger experiment: can a family office compound capital and impact at the same time, without compromising either?
YC S26 Highlights Seven Startups Including Kebra Olam Labs And Lumeria Before Demo DayYC S26 is still early, but a handful of companies are already showing signals worth watching before Demo Day.
From AI-native field operations and multi-agent simulations to skincare diagnostics, robotics data, manufacturing software, GPU marketplaces, and even a “sobriety platform for superintelligence,” these are 7 startups on our radar:
Kebra
Olam Labs
Lumeria
Datoric
SideKick
Stoa
Sunflower
Different markets. Different bets. Same question: which of these companies will look obvious in hindsight?
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SoftBank Group To Acquire Majority Stake In 1X Technologies For $6 BillionSoftBank Group is in talks to acquire a majority stake in Norwegian humanoid robotics startup 1X Technologies at a valuation of roughly $6 billion, The Information reported. The deal would deepen SoftBank CEO Masayoshi Son’s push into “Physical AI,” expanding its robotics strategy beyond industrial automation and into consumer-facing robots such as 1X’s NEO.
VALUATION: $6,000,000,000
HQ: Tokyo, Japan
#VentureCapital #SoftBankGroup #1XTechnologies #TradedVC