☕ Nvidia’s record $57B revenue, Adobe to buy Semrush for $1.9 billion & OpenAI board member Larry Summers steps down amid Epstein file revelations.
Lovable hits $200M ARR & Yann LeCun to leave Meta, launch AI startup focused on Advanced Machine Intelligence.
There were active volcanoes on the Moon when dinosaurs were alive.
Earth was doing T-rex drama, the Moon was literally erupting, the whole solar system was messy.
📬 What’s in store:
Today’s Picks: 2700+ US investor database, data-driven prototyping, Bezos’ decision framework, how to get cited in AI, Q3 IPO & VC liquidity surge, top fundraising mistake, hypergrowth math.
VC Jennifer Neundorfer explains how founders can stand out in a crowded AI market.
Nvidia’s record $57B revenue and upbeat forecast quiets AI bubble talk.
Adobe to buy Semrush for $1.9 billion.
OpenAI board member Larry Summers steps down amid Epstein file revelations.
As Lovable hits $200M ARR, its CEO credits staying in Europe for its success.
Meta wins antitrust fight over Instagram and WhatsApp.
Yann LeCun to leave Meta, launch AI startup focused on Advanced Machine Intelligence.
Microsoft, Nvidia to invest in Anthropic as Claude maker commits $30B to Azure.
Meta to block Facebook and Instagram for Australian teens by December 10.
VC & Startup Jobs: VC & investors backed startup hiring for remote roles.
FROM OUR PARTNER - ROCKET
🤝 Command-Based AI Building That Just Works
AI building shouldn’t require guessing. Rocket introduces command-based development that eliminates vague prompts and unpredictable output.
With over 100 structured commands like “Add Stripe checkout,” “Fix mobile layout,” and “Connect Supabase database,” Rocket builds production-grade apps with precision and speed. No retries. No debugging loops. Just clean execution from prompt to deployment.
Whether you’re validating ideas or scaling quickly, Rocket replaces iteration fatigue with structured velocity.
Try Rocket’s Precision Mode - rocket.new →
PARTNERSHIP WITH US
💪 Get your startup in front of over 95,000+ audience.
Our newsletter is read by thousands of tech professionals, founders, investors (VCs / Angel Investors) and managers around the world. Get in touch today.
DAILY PICKS
🗞️ What else is brewing
2700+ US Angel Investors & VC Firms Contact Database (Email + LinkedIn Link). (Link)
Data-driven prototyping for elite results.
Jeff Bezos’ decision-making framework every founder should know (from 2015 shareholder letter).
How to gett cited in AI answers.
IPOs and (some) VC liquidity finally arrived in Q3
The number one fundraising mistake founders make.
The math of hypergrowth: two paths to the same goal.
Amanda Zhu on how she got to $2M in founder-led sales.
B2B marketing in 2026: Distribution is the Monopoly.
Sam Altman on Sora, Energy and Building an AI Empire.
Goldilocks and the 3 Secondaries.
STARTUPS RAISING MILLIONS
💰 Startup funding updates
Synthio Labs, a San Francisco, CA-based clinical-grade voice AI company, raised $5M in Seed funding. The round was led by Elevation Capital with participation from 1984 Ventures, Peak XV Partners, Y Combinator, and angels from the global healthcare and AI ecosystem.
Profluent, an Emeryville, CA-based leader in frontier AI for protein design, raised $106m in financing. The round, which brought total funding to $150m, was co-led by Altimeter Capital and Bezos Expeditions, with participation from existing investors including Spark Capital, Insight Partners, and Air Street Capital.
Athian, an Indianapolis, IN-based company providing a platform that helps farmers adopt science-based practices and called protocols, raised $4M in Series A funding. Backers included Ajinomoto Group Ventures, Chipotle Mexican Grill Cultivate Next Fund, Mondelēz International, Sustainable Futures, Australian Agriculture Company, California Dairies, Elanco Animal Health Incorporated, dsm-firmenich Ventures, Newtrient, and Tyson Ventures.
Method Security, a NYC-based cybersecurity company, raised $26M in combined Seed and Series A funding. The round was led by Andreessen Horowitz and General Catalyst, with participation from Blackstone Innovations Investments, Crossbeam Ventures (Michael Ovitz), NFDG, Forward Deployed Ventures, Pax Ventures, Phil Venables.
Bedrock Data, a Menlo Park, CA-based provider of a DSPM platform for data-centric security, governance and management, raised $25m in Series A funding. The round was led by Greylock Partners with participation from Mangusta Capital, Mantis Venture Capital, Pier 88 Investment Partners and other investors.
Kaaj, a San Francisco, CA-based provider of an agentic AI credit intelligence platform that simplifies small business lending, raised $3.8m in seed funding. The round was led by Kindred Ventures, with participation from Better Tomorrow Ventures and others.
Manta Cares, a San Francisco, CA-based digital health company focused on improving the cancer experience, raised $5.4m in seed funding. The round was led by Pear VC and Sozo Ventures, with participation from strategic angels including Dr. Stanley Marks, Chair of UPMC Hillman Cancer Center and founder of Via Oncology.
Suno, a Cambridge, MA-based music tech company built to amplify imagination, raised $250M in Series C funding, at $2.45 Billion valuation. The round was led by Menlo Ventures with participation from NVentures (NVIDIA’s venture capital arm), Hallwood Media, Lightspeed and Matrix.
Tulu, a NYC-based provider of a product access and usage platform to enhance the living experience for residents, raised additional $17M in Series A funding. The round was co-led by GreenSoil PropTech Ventures, Bosch Ventures and New Era Capital Partners, with participation from Regeneration.VC, Good Company, Aviv Growth Ventures, and i3 Partners.
Albatross, a Zurich, Switzerland-based provider of a platform for real-time product and content discovery, raised $12.5m in funding. The round was led by MMC Ventures with participation from Redalpine, Daphni, and strategic angels, bringing total funding to $16m, following a $3.5m foundation round in September 2024 led by Redalpine.
Orion, a Denver, CO-based AI-driven risk intelligence company, raised $3.5M in funding. The round was led by Dynamo Ventures, with participation from Bravo Victor Venture Capital (BVVC), Techstars, and Service Provider Capital, alongside a government grant from Puerto Rico.
Arbiter, a NYC-based provider of a care orchestration platform, raised $52M in funding, at $400M valuation. The round was led by TriEdge Investments and MFO Ventures, together with private equity firm WindRose Health Investors and other operators.
Ember, a San Francisco, CA-based provider of an AI-native solution for healthcare denial prevention, raised $4.3M in seed funding. Backers included Nexus Venture Partners and Y Combinator.
Numeric, a San Francisco, CA and London, UK-based provider of an AI accounting automation platform, raised $51M in Series B funding. The round was led by IVP, with participation from Menlo Ventures, Founders Fund, Alkeon, 8VC, Socii Capital, Access Industries, Friends and Family Capital, Long Journey Ventures and Fifth Down, as well as Marc Huffman, Former CEO of BlackLine, and Ron Gill, Former CFO of NetSuite.
Modern Life, a NYC-based AI-powered life insurance company, raised $20M in Series A funding. The round was led by Thrive Capital, with participation from New York Life Ventures, Northwestern Mutual Future Ventures, and Allegis.
alphaXiv, a San Francisco, CA-based provider of a platform supporting how AI practitioners discover and apply the latest research, raised $7M in Seed funding. The round was led by Menlo Ventures and Haystack with participation from Shakti VC, Conviction Embed, Upfront Ventures, alongside angel investors Eric Schmidt, Sebastian Thrun, Sara Hooker and Gokul Rajaram, among others.
Doppel, a San Francisco, CA-based provider of an AI-native social engineering defense (SED) platform, raised $70M in Series C funding. Led by Bessemer Venture Partners, with participation from George Kurtz, CEO of CrowdStrike, NTT DOCOMO Ventures, Aurum Partners and a group of athlete investors.
RapidSOS, a NYC-based public safety AI company, raised $100M in funding. The round was led by Apax Digital Funds.
Freya, a San Francisco, CA-based provider of a AI agents that automate customer calls in call centers using human-like voice AI agents, raised $3.5m in funding. Backers included DOMiNO Ventures, Y Combinator, Formosa Capital, Rebel Fund, BD Partners, N1 Tech, 212 VC, BLAST, Eight Capital, and Maiora Rebel Ventures.
Jiga, a San Francisco, CA-based AI-driven sourcing platform, raised $12M in Series A funding. The round was led by Aleph, with participation from Symbol, which led the Seed round, and Y Combinator.
Amperesand, a Singapore-based power infrastructure company for AI data centers and critical power applications, raised $80M in Series A funding. The round was co-led by Walden Catalyst Ventures and Temasek, with participation from Industry Ventures, Acclimate Ventures, SG Growth Capital, Xora Innovation, Material Impact, TDK Ventures and Foothill Ventures.
FROM OUR PARTNER - FUNDIFY
🤝 The simple way to invest in startups - finally.
Even for experienced investors and founders, early-stage investing has always been time-consuming and hard to scale. Fundify changes that.
As an SEC- and FINRA-registered investment platform, Fundify makes it easy to invest in professionally vetted, pre-IPO startups - with no minimums.
Every opportunity is sourced and reviewed by Fundify ProAdvisors™ - experienced founders, operators, and investors who evaluate the potential so you don’t have to.
With Auto-Invest, Fundify builds and maintains your diversified startup portfolio for you.
You simply set it and go. Fundify allocates your monthly investments across vetted early-stage companies, helping you stay diversified without you having to do the heavy lifting.
Simple. Transparent. Accessible - even for the busiest investors.
Join 15,000+ investors nationwide who are already using Fundify to invest in early-stage companies with confidence.
NEW VCs IN THE MARKET
🏦 Venture Capital updates
VC Jennifer Neundorfer explains how founders can stand out in a crowded AI market
Jennifer Neundorfer says founders break through when they clearly explain how their AI product is truly different from dozens of similar startups — and why they are the right team to build it.
She’s most excited about founders using AI to create entirely new behaviors and workflows, not incremental 10x improvements on existing ones.
With an AI market correction likely coming, she says the winners will be founders who stay ahead of the curve, build category-defining companies, and focus on customer needs rather than just what’s technically possible.
KEY STORIES IN TECH
📜 Latest in tech
Nvidia’s record $57B revenue and upbeat forecast quiets AI bubble talk
Nvidia posted a record $57B in Q3 revenue — up 62% YoY — with $51.2B coming from its data center business alone, driven by surging demand for AI compute and massive GPU build-outs.
CEO Jensen Huang said Blackwell GPU sales are “off the charts” and cloud GPUs are fully sold out, adding that AI demand is compounding across training and inference in a “virtuous cycle.”
Nvidia expects $65B in Q4 revenue, pushing shares up after-hours and reinforcing Huang’s view that, despite bubble warnings, the company sees only continued growth across global AI ecosystems.
Adobe to buy Semrush for $1.9 billion
Adobe is acquiring SEO giant Semrush for $1.9B in cash, offering $12/share — nearly double Semrush’s last closing price — to strengthen its digital marketing and content visibility tools.
The deal reflects Adobe’s bet that brands must optimize for AI-driven discovery, as traffic from generative AI chatbots to retail sites has surged 1,200% YoY, reshaping how users find content.
Semrush has been building “generative engine optimization” tools to improve ranking across AI models like ChatGPT, Claude, Copilot, Grok, and Perplexity — positioning GEO as the next major channel for brand visibility and revenue.
OpenAI board member Larry Summers steps down amid Epstein file revelations
Larry Summers has resigned from OpenAI’s board days after Congress released emails between him and Jeffrey Epstein, which included discussions about a mentee and apparent romantic pursuit while he was in a position of power.
Harvard University, where Summers is a professor and former president, will open its own probe into his Epstein ties, and he is stepping back from public commitments as scrutiny intensifies.
The released 2018–2019 emails show Epstein advising Summers on how to handle the relationship with the mentee, further entangling Summers in the broader fallout from Epstein’s network and prompting his exit from OpenAI’s governance.
As Lovable hits $200M ARR, its CEO credits staying in Europe for its success
Lovable reached $200M ARR just four months after crossing $100M, with CEO Anton Osika saying the company’s choice to stay in Europe — rather than move to Silicon Valley — was crucial to its momentum.
Osika believes Europe’s slower, less chaotic AI market allowed Lovable to focus, attract top global talent to Stockholm, and build a deeply engaged user community that actively shapes the product.
Vibe-coding tools continue to soar: Lovable has raised $225M to date, while rival Cursor recently hit a $29.3B valuation, highlighting massive investor appetite in this category.
Meta wins antitrust fight over Instagram and WhatsApp
US District Judge James Boasberg ruled the FTC failed to show Meta has a monopoly in “personal social networking,” rejecting the argument that the company only faces two rivals, Snapchat and MeWe.
Boasberg wrote that adding TikTok alone to the relevant market defeats the claims because consumers are reallocating massive amounts of time to rivals, which means Meta is not insulated from competition.
The loss follows a determination that expert witness Scott Hemphill lacked an “open mind” because he aligned with figures calling for the breakup of Facebook, making neutral evaluation of his opinions difficult.
Yann LeCun to leave Meta, launch AI startup focused on Advanced Machine Intelligence
AI pioneer Yann LeCun will leave Meta at the end of the year after 12 years, planning to launch a new startup centered on Advanced Machine Intelligence (AMI), a long-term research direction he’s been developing with FAIR and NYU.
LeCun, one of the “godfathers of deep learning,” built Facebook AI Research and helped shape Meta’s entire AI stack, from modern deep-learning breakthroughs to systems powering Instagram and Meta’s generative AI tools.
His new venture will have Meta as a partner, signaling ongoing collaboration even as LeCun shifts focus to next-generation AI beyond today’s LLM-driven wave.
Microsoft, Nvidia to invest in Anthropic as Claude maker commits $30B to Azure
Microsoft and Nvidia will invest in Anthropic, with Nvidia committing up to $10B and Microsoft up to $5B, alongside Anthropic’s $30B pledge to run workloads on Azure.
The partnership helps both companies reduce dependence on OpenAI, while strengthening Anthropic’s position as a top enterprise-focused AI rival with 300,000+ business customers.
Anthropic will also collaborate with Nvidia on chips and models, committing up to 1 gigawatt of compute using Grace Blackwell and Vera Rubin hardware.
LAST COFFEE SIP
☕ Other news
Meta to block Facebook and Instagram for Australian teens by December 10
Meta will block all Australian users under 16 from Facebook, Instagram, and Threads by December 10 to comply with Australia’s new nationwide social-media ban for minors.
The company has begun notifying users aged 13–15 and will start deactivating accounts from December 4, using multiple age-assurance methods while limiting data collection.
Around 500,000 teen accounts are expected to be affected, with platforms facing fines up to A$49.5 million for non-compliance.
HIRING ALERT: STARTUPS & VC ROLES
💼 Today’s VC & startup job opportunities
All-In-One VC Interview Preparation Guide: With a leading investors group, we have created an all-in-one VC interview preparation guide for aspiring VCs. Don’t miss this. (Access Here)
Program Associate - Plug and Play tech Center | USA - Apply Here
Executive Assistant - AN Venture Partner | USA - Apply Here
Visiting Investment Analyst - Join Capital | USA - Apply Here
AI Tech Lead - Core Innovation Capital | USA - Apply Here
Investment Analyst - Caanan | USA - Apply Here
VC Associate UK - Breega | UK - Apply Here
Analyst - Investments - Blackhill Fund | India - Apply Here
Venture Analyst - PSV | Hybrid - Apply Here
VP of Fundraising - Scale Asia Venture | Japan - Apply Here
WHEN YOU’RE READY, HERE’S HOW I CAN HELP:
💁 You might need our help!
Reach 95,000+ Founders & Investors: Partner with our newsletter to reach a highly engaged audience.
Build Your Pitch Deck: We write, design and model your pitch deck into a storyteller book within 4-5 days.
Do you have any news to share about your Startup or VC fund? Please email us.
We’ll be back in your inbox on Tomorrow.