💸 Zuzanna Stamirowska's Pathway Raises $10M to Build Live AI Systems
FemWelth Issue #187
Hi FemWealth Friends,
In the Spotlight 💸
Co-founded by Zuzanna Stamirowska (CEO) and Claire Nouet (COO), Pathway is building live AI systems that think and learn in real-time as humans do.
“The way deep learning and LLM assistants are working, is that you take the training data and then you train models. But the question is, how to deal with knowledge, how to deal with memory? Right now an LLM acts like a bit like a very smart intern on the first day of his job, being offered a book to read. But they can’t really memorize it. Plus, it’s not live, it’s stactic.” - Zuzanna Stamirowska, Co-Founder and CEO of Pathway (via TechCrunch)
The Paris, France and Menlo Park, California-based startup raised a $10 million Seed round led by TQ Ventures, with participation from Kadmos, Innovo, Market One Capital, Id4, and angel investors.
Read more: As Cohere and Writer mine the ‘Live AI’ arena, Pathway joins the pack with a $10M round
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Neoplas Med Receives $18M in Funding from Niterra Ventures Company - Led by Ulrike Sailer, Neoplas Med develops medical devices that use cold plasma technology to treat chronic and infected wounds. The German company raised $18 million from Niterra Ventures.
Cambridge-based PocDoc raises €5.9 million in pre-A funding for digital diagnostics - Co-founded by Kiran Roest, PocDoc is a digital health platform that provides rapid diagnostic tests that can be performed using a smartphone or tablet. The Cambridge, UK-based startup raised £5 million from MMC Ventures, Molten VC, Simplyhealth Ventures, and KHP Ventures.
Scottish biotech secures £2.3 million investment - Led by Fiona Marshall, Biotangents develops molecular diagnostics for livestock. The Edinburgh-based startup raised £2.3 million in a round led by Eos Advisory and British Business Investments, with additional support from Kelvin Capital and Scottish Enterprise.
Superlativa Secures Seed Funding to Scale Women’s Stress Management Supplements - Founded and led by Teresa Pueyo, Superlativa is developing plant-based supplements for women’s stress management. The Barcelona, Spain-based wellness company secured an undisclosed amount of Seed funding led by Iris Ventures.
What’s next for Web3 fashion? (Vogue Business $) - Features Alice Delahunt, Founder and CEO of Syky, a New York startup building a platform for the future of fashion
VC: Barclays and Aviva help raise £250m to support female entrepreneurs - Co-chaired by Debbie Wosskow, Hannah Bernard OBE, and Poppy Gustafsson, the Invest in Women Taskforce has secured over £250 million from investors, including Barclays, Morgan Stanley and Aviva. The ‘Women Backing Women’ Fund will be distributed through UK-based, female-led investment managers, supporting female-powered businesses.
“Female entrepreneurs and investors have been sidelined for too long – they are two sides of the same coin. It’s time we rebooted the system and gave female investors the power to drive change, and funds like the ‘Women backing Women’ fund is how we do it.” - Debbie Wosskow, co-chair of the Invest in Women Taskforce
Pender Ventures Announces Final Close of Second Venture Fund at over $100M - Led by Managing Partner Maria Pacella, Pender Ventures, a Vancouver-based VC firm, closed its second $100 million fund to back Canadian technology companies.
Co-led by Managing Partner Jewel Burks Solomon, Collab Capital, an Atlanta VC firm focused on Black founders, has secured over $41 million of a $75 million-targeted second fund, per an SEC filing. (via Axios Pro $)
Founded and led by Tatiana Jama, Paris, France-based Sistafund received a €30 million investment from the European Investment Fund (EIF) under the InvestEU programme.
Michelle Volz, a partner at Andreessen Horowitz on the American Dynamism team, is leaving the firm to raise her own fund (targeted at $50 million) to back Pre-Seed and Seed startups focused on national security, in sectors such as defense, aerospace, manufacturing, and industrials. [via The Information]
Cleo Capital launches cybersecurity accelerator to help undo the ‘crushing burden’ of online threats - Founded and led by Sarah Kunst, Cleo Capital, a US early-stage venture fund, launched a cybersecurity accelerator to address cyber threats.
LP Predictions For Venture Capital In 2025 - By Maren Thomas Bannon, Co-founder and Partner at January Ventures
Leading By Example: Women-led Funds and Companies Are Showing What Innovation Looks Like - By Erin Harkless-Moore, Vice President and Managing Director, Investments at Pivotal Ventures
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth