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Google’s early-stage AI Fund Gradient Invests in Cake’s Open-Source AI Platform for All Businesses

American Entrepreneurship

Companies in every sector are investing in the latest technologies with an eye toward winning in their markets with AI, said Misha Herscu, CEO and co-founder of Cake. A seasoned entrepreneur and software engineer, he founded McCoy Medical Technologies in 2016 which was acquired two years later.

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Levelpath Raises $55M to Revolutionize AI-Native Enterprise Procurement with Autonomous Agents

American Entrepreneurship

Led by Battery Ventures, the latest funding round brings Levelpath’s total capital raised to $100 million and marks a significant step forward in addressing the $13 trillion global procurement challenge. Agrawal previously led investments in companies like Coupa, which went public in 2016 and was acquired for approximately $8 billion.

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HPA Announces Acquisition of Portfolio Company Simple Mills by Flower Foods, Inc.

HPA

Chicago, IL – January 8, 2025 – Hyde Park Angels ( HPA ), a premier early-stage venture capital group specializing in investing through its unique People First model, is pleased to announce that its portfolio company, Simple Mills , has entered into a definitive agreement to be acquired by Flowers Foods , Inc.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

Sesie Bonsi is the founder and CEO of Bleu , a financial technology platform focused on enabling touchless payment experiences. But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Contributor.

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How entrepreneurs are building resilience in their communities

Young Leaders of the Americas Initiative

2016 YLAI Fellow Marco Mendieta works hard to develop the small-business community of Ecuador and regenerate the economy following the country’s devastating earthquake of 2016. Learn how other #YLAIStrong entrepreneurs are building their resilience and strengthening their businesses in the face of adversity.

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Free Money for Student Tech Founders

David Teten VC

We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. The Kauffman Foundation found 47% of US tech founders held degrees in STEM while 34% held degrees in business, finance, and accounting. 1) Freebies for Student Tech Founders. Right here.

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The Double Standard of Female CEOs Moving Fast and Breaking Things

This is going to be BIG.

Not in the “founder friendly” culture of tech anyway. An examination of several high profile stories this past year about female CEO issues lays bare the other reason: It’s not “founder friendly.” It’s male founder friendly. Founders have to reckon with that. Travis should hire her back?? He should have been long gone.