Category Archives: social + capital

Secretive semiconductor startup Groq raises $52M from Social Capital

Groq has raised $52.3 million of a $60 million round, per an SEC filing. Social Capital co-founder and former Facebook executive Chamath Palihapitiya, who’s listed on the filing, has participated in the funding. Palihapitiya confirmed Social Capital’s participation in the round to TechCrunch and said a few other undisclosed investors participated as well. Social Capital, which has been experiencing a boatload of personnel changes as of late, also led Groq’s $10 million investment in April 2017. Groq is developing a tensor processing unit — which is an integrated […]

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Prisma co-founders raise $1M to build a social app called Capture

Two of the co-founders of the art filter app Prisma have left to build a new social app. Prisma, as you may recall, had a viral moment back in 2016 when selfie takers went crazy for the fine art spin the app’s AI put on photos — in just a few seconds of processing. Downloads leapt, art selfies flooded Instagram, and similar arty effects soon found their way into all sorts of rival apps and platforms. Then, after dipping a toe into social waters with the launch of a […]

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