This week in startups showcased notable highlights, including the emergence of Thinking Machines Lab by Mira Murati and a significant $600 million funding for Saronic. Notably, Humane's sale of assets to HP illustrates the risks in hardware startups. The rise of a new IVF insurance product by Future Family also highlights innovation in healthcare funding. Despite market volatility, unicorn valuations persist, marking a resilient spirit in the startup ecosystem and significant ventures led by AI and biotech.
This week confirmed this, and it confirmed that unicorn rounds are not dead.
Thinking Machines Lab, the new AI startup of former OpenAI CTO Mira Murati, came out of stealth this week.
Humane, the hardware startup behind the flawed AI Pin, announced that most of its assets have been acquired by HP for $116 million.
Quadricorn: Austin-based defense startup Saronic raised a $600 million Series C to build an autonomous ship factory.
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