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Instinct, the consumer-facing AI assistant startup, has closed a $1 billion Series C at a $10 billion valuation, led by Sequoia Capital, Benchmark Capital, and Coatue.
The company, reportedly co-founded by a figure involved in Alnylam Pharmaceuticals’ early development, is positioning itself as another attempt to follow Alnylam’s model.
Brodie Rec has reportedly reached a $10 million annual revenue run rate, positioning itself as a key player in North America’s recreational basketball scene.
Efficient Computer, the Carnegie Mellon University spinout building energy-efficient processors, has closed a $97 million funding round at a $650 million valuation.