Company
Seattle-based venture capital firm investing in early-stage software, data and AI companies, and co-publisher of the annual Intelligent Applications 40 list.
Kubernetes creators Craig McLuckie and Joe Beda's startup Stacklok is building Mecatl, a coding-agent harness designed to run in the cloud. It pulls tool calls, session state and memory out of the agent loop so each can be put into systems an operator can manage.
Reality
Vinci raised $250 million at a $1.5 billion valuation to extend its chip thermal simulator into vibration and electromagnetics. Its self-reported speed now has to hold up in repeated production use, next to the Cadence and Synopsys tools already in design flows.
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Air Street Capital led the $40 million Series A for a hiring marketplace where a voice agent debriefs candidates and a second agent debriefs employers. The company says the pair have arranged 25,000 interviews.
Reality
Air Street Capital led $40 million into a hiring marketplace where an agent for the candidate and an agent for the employer must both agree before an introduction happens. The two have arranged 25,000 interviews so far.
Perspective Coverage
3 publishersReality
Madrona's survey of 150 senior enterprise buyers found 74% expanding AI budgets over the next 12 months while most of them converted fewer than half their pilots, which puts the brake on AI revenue inside the customer rather than the product.
Reality