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IPO market optimism, down rounds, and crypto: The biggest VC conversations last week

Investors dished on big topics in the private markets at the Primary NYC Summit last week. ....

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LastMile AI closes $10M seed round to 'operationalize' AI models

LastMile AI, a platform designed to help software engineers develop and integrate generative AI models into their apps, has raised $10 million in a seed funding round led by Gradient, Google’s AI-focused venture fund. AME Cloud Ventures, Vercel’s Guillermo Rauch, 10x Founders and Exceptional Capital also participated in the round, which LastMile co-founder and CEO Sarmad Qadri says will be put toward building out the startup's products and services and expanding its seven-person team. "Machine learning, and the broader field of AI, has gone through a few AI winters oftentimes due to a constraint on computing resources, a constraint on expertise or a constraint on high-quality training data," Qadri told TechCrunch in an email interview. ....

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Grit Raises $7M to Automate Software Maintenance and Migrations by Leveraging AI – AlleyWatch

Grit Raises $7M to Automate Software Maintenance and Migrations by Leveraging AI – AlleyWatch
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Grit debuts with $7M, offering a dev AI that keeps software updated

The company was founded by Morgante Pell, a former Senior Staff Architect at Google Cloud, and is backed by Peter Thiel's Founders Fund. ....

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Grit Raises $7M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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