Morning VC Brief丨2024.12.20

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/ Smart Ring Maker Oura raises $200M Series D at $5.2B

2/ Software for Accounting Firm Aiwyn raises $113M Venture Round

3/ AI Agent for Accountants Basis raises $34M Series A

4/ Interactive Video Model Lab Decart raises $32M Series A at $500M+

5/ AI Search for Digital Commerce Cimulate raises $28.5M Series A

6/ Quantum Software Startup BlueQubit raises $10M Seed Round

01. Venture News

1/ Smart Ring Maker Oura raises $200M Series D at $5.2B

Oura has sold more than 2.5 million rings, and the company’s member base and revenue has more than doubled over the past year. This round was led by Dexcom with participation from Fidelity Management, and more. Link

2/ Software for Accounting Firm Aiwyn raises $113M Venture Round

Aiwyn helps professional services firms speed up cash flow, save valuable time, & delight clients by revolutionizing the revenue cycle. This round was led by Bessemer Venture Partners and KKR. Link

3/ AI Agent for Accountants Basis raises $34M Series A

Basis provides AI agents that automate accounting workflows for professionals. This round was led by Khosla Ventures with participation from Nat Friedman, Daniel Gross, and more. Link

4/ Interactive Video Model Lab Decart raises $32M Series A at $500M+

Decart is building what it describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer products based on the lab’s work. This round was led by Benchmark with participation from Sequoia Capital, Zeev Ventures, and more. Link

5/ AI Search for Digital Commerce Cimulate raises $28.5M Series A

Cimulate is building an LLM-based operating system that provides search, product discovery and conversational AI. This round was led by Spark Capital with participation from Sierra Ventures, Pillar VC, and more. Link

6/ Quantum Software Startup BlueQubit raises $10M Seed Round

BlueQubit is mission to deliver practical quantum advantage, equipping enterprises to solve complex problems that are increasingly beyond the reach of classical computing. This round was led by Nyca Partners with participation from Restive, Chaac Ventures, and more. Link