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First Round Capital
Trends
- 1
Air quality in Delhi has become a major talking point as pollution levels prompt the activation of GRAP-1, the first stage of the Graded Response Action Plan. Commentators note that GRAP-1 is an emergency measure triggered by worsening air, not a substitute for sustained, year-round preventive action against the capital's chronic pollution problem.
- 2Mach9 raises $34 million Series A●Mach9 has raised $34 million in a Series A funding round co-led by First Round Capital and Bessemer Venture Partners, wi
Mach9, a startup founded in 2021 as Mach9 Robotics by Alex Baikovitz, has raised $34 million in a Series A funding round. The round was co-led by First Round Capital and Bessemer Venture Partners, with participation from Prudence and Quiet Capital. The company dropped 'Robotics' from its name after pivoting away from its original focus.
- 3
Stellios, a power systems startup, has come out of stealth mode and announced a $5 million pre-seed funding round. The company, working in the power systems space, will use the fresh capital to advance its technology and build out its team. Details about its specific products, founding team, and investors have not yet been widely reported, but the funding marks its first public step.
- 4AIUC raises $40 million to rein in rogue AI agents●Early Anthropic hire, former METR COO have found a way to rein in rogue AI agents Their startup, Artificial Intelligence
The Artificial Intelligence Underwriting Company (AIUC), founded by an early Anthropic hire and the former COO of AI safety evaluator METR, has raised $40 million in Series A funding led by Ribbit Capital, with participation from First Harmonic. The startup aims to constrain misbehaving AI agents, and the round is drawing attention to insurance and oversight models for autonomous AI.
- 5Pokémon to open permanent London retail store by 2029●Pokémon to receive permanent retail store in London by 2029
The Pokémon Company is set to open a permanent retail store in London by 2029, according to a report by Nintendo Wire. The dedicated shop would give fans in the UK a year-round destination for Pokémon merchandise, games and experiences, rather than relying on temporary pop-ups. Details on the exact location and opening date have not yet been announced.