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- Morning VC Brief丨2024.10.23
Morning VC Brief丨2024.10.23
Week43 Highlights丨Socket, Tennr, Reality Defender, Tollbit, Genmo, Highlight AI, Passionfroot
Morning VC Brief is an expert daily curation of tech and venture news. Feel free to forward; the sign-up is here
00. TL;DR
1/ Software Supply Chain Security Startup Socket raises $40M Series B
2/ Healthcare AI Startup Tennr raises $37M Series B
3/ Deepfake Detection Startup Reality Defender raises $33M Series A
4/ Marketplace for AI Companies and Publishers Tollbit raises $24M Series A
5/ Open Source Video Gen Startup Genmo raises $28.4M Series A
6/ Desktop AI Assistant Highlight AI raises $10M Seed Round
7/ B2B Influencer Marketplace Passionfroot raises $3.8M Seed Round
01. Venture News
1/ Software Supply Chain Security Startup Socket raises $40M Series B
Socket is a developer-first security platform that protects code from both vulnerable and malicious dependencies. This round was led by Abstract Ventures with participation from Elad Gil, a16z, and more. Link
2/ Healthcare AI Startup Tennr raises $37M Series B
Tennr uses machine learning and document scanning technologies to reduce waiting times for patients referred to specialist doctors. This round was led by Lightspeed Venture Partners with participation from Foundation Capital, a16z, and more. Link
3/ Deepfake Detection Startup Reality Defender raises $33M Series A
Reality Defender is at the forefront of providing robust solutions to detect deepfakes across all media formats. This round was led by Illuminate Financial with participation from Booz Allen Ventures, IBM Ventures, and more. Link
4/ Marketplace for AI Companies and Publishers Tollbit raises $24M Series A
Tollbit allows AI agents and applications to pay websites directly to use their content or data. This round was led by Lightspeed Venture Partners with participation from Section 32, Jeff Dean, and more. Link
5/ Open Source Video Gen Startup Genmo raises $28.4M Series A
Genmo launched the best open source video generation model Mochi 1. This round was led by NEA with participation from Essence VC, WndrCo, and more. Link
6/ Desktop AI Assistant Highlight AI raises $10M Seed Round
Highlight is building a capture-based interface based on a secure, intermediary layer that sits between OS outputs and an LLM. This round was led by General Catalyst with participation from Valor, SV Angel, Conviction Embed, and more. Link
7/ B2B Influencer Marketplace Passionfroot raises $3.8M Seed Round
Passionfroot is building a toolkit and a marketplace for business, productivity, and thought leadership-focused creators for brand collaborations. This round was led by VC Supernode Global with participation from Sequoia Capital, Creandum, s16vc, and more. Link