The Spotify layoff letter, a new AI model from Alibaba, and a Boston VC firm abruptly shuts down
This article originally appeared in StrictlyVC News on December 6, 2024.
EnCharge AI, a one-year-old startup based in Santa Clara, Ca., that says it is developing AI-accelerating chips to make AI more accessible, affordable, and energy-efficient than traditional AI hardware, raised a $22.6 million round led by VentureTech Alliance, with RTX Ventures, ACVC Partners, Anzu Partners, and Schams Ventures also pitching in. The company has raised a total of $45 million. TechCrunch has more here.
Ketryx, a two-year-old startup based in Somerville, Ma., that claims to help medical software developers build faster and easier with automation, organization, and seamless integration, raised a $14 million Series A round led by Lightspeed Venture Partners and including previous investors MIT E14 Fund and Ubiquity Ventures. The company has raised a total of $18 million. SiliconANGLE has more here.
Kyron Learning, a one-year-old startup based in Vienna, Va., that uses "conversational AI" to create personalized learning experiences for kids, especially in math, raised a $14.6 million Series A round led by Global Silicon Valley Ventures, with Owl Ventures, ECMC Group Education Impact Fund, Common Sense Growth Fund, Charter School Growth Fund, Cambiar Education, LearnerStudio, Imagine Learning, and Array Education also chipping in. TechCrunch has more here.
