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Radical Ventures: AI neolabs, many lacking products, markets, or revenue, raised $24B in the past two quarters, nearly 5x OpenAI and Anthropic pre-ChatGPT (Louise Lucas/Financial Times)

Louise Lucas / Financial Times : Radical Ventures: AI neolabs, many lacking products, markets, or revenue, raised $24B in the past two qu...

4 October 2023

Toronto-based Clearco, which uses AI and ML to underwrite businesses and help customers fund inventory, raised a $60M Series D led by Inovia and Founders Circle (Christine Hall/TechCrunch)

Christine Hall / TechCrunch:
Toronto-based Clearco, which uses AI and ML to underwrite businesses and help customers fund inventory, raised a $60M Series D led by Inovia and Founders Circle  —  Clearco announced several recapitalization efforts Wednesday, including a $60 million Series D round and new asset-backed financing.

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