Funding rounds, founder strategy and the operating reality of building technology companies. Reporting and analysis from Fathom Tech.
A pair of massive funding announcements dominated venture activity this week, with AI infrastructure and construction technology drawing the largest checks from investors.
Aisata Diallo, a 24-year-old braider-turned-founder, is building tools to reduce the strain hairstylists face during long braiding sessions. Her startup's first product, Plait Pilot, automates the hair-separation process that can consume hours of a stylist's day.
The authentication startup has released a second-generation chip that works on metal and glass surfaces, opening doors to verify jewelry, trophies, and fragrance bottles alongside apparel.
Venture capital flowing into Asian startups remained near record levels in the third quarter, with artificial intelligence companies capturing the majority of deployed capital despite a slight pullback from the previous period.