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AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Xconomy

Mythic , which last year unveiled its novel computer chip designed for artificial intelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank. The boxes Mythic wants to break customers out of are their big.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

Battery isn’t the only marquee investor to find value in ServiceTitan’s business developing software managing day labor. And as Battery Ventures investor Sanjiv Kalevar noted in a blog post last year , the opportunity for software companies serving blue-collar workers is huge.

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Smart-Kitchen Startups Give Cooks Digital Help Via Internet of Things

Xconomy

The Internet of Things, artificial intelligence, and related technologies are being used to connect ovens, refrigerators, and other kitchen appliances to the Web. When it comes to connected homes, the hottest spot is located in your kitchen. Feeling unsure about cooking that fish dish?

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital.

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Graphcore Scores $200M to Scale Up A.I. Chip Production

Xconomy

The Bristol, UK-based startup, founded in 2016, has now secured a total of more than $300 million in financing from venture capital firms and other investors including Microsoft and the corporate venture arms of BMW and Dell Technologies.

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

Venture capital. With LaunchPad’s help, more than 61 Orange County companies have raised more than $97 million in startup capital, seed, and series A investments — and much of that money comes from Valley investors betting on their neighbors to the south. blog comments powered by Disqus. Editor’s picks. Enterprise.

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Mark Levin Named Xconomy’s 2019 Lifetime Achievement Award Winner in Boston

Xconomy

Levin built Millennium Pharmaceuticals—inspiring a generation of future executives/entrepreneurs along the way—and also helped reinvent the venture capital market for early stage biotechs by founding Third Rock, where his work has helped bring a slew of important new companies and new drugs to market.