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Bessemer Venture Partners

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Ex-Spotify engineers raise $10M for Malachyte, bringing Vector AI to e-commerce
Business

Ex-Spotify engineers raise $10M for Malachyte, bringing Vector AI to e-commerce

The team behind 90% of Spotify's recommendations wants to rebuild online storefronts around real-time intent, not purchase history.

Jaeden Schafer4 min read
Sarvam hits $1.5B valuation with $234M round led by HCLTech
Business

Sarvam hits $1.5B valuation with $234M round led by HCLTech

India's newest AI unicorn lands a strategic check from HCLTech as sovereign-AI pressure intensifies across markets.

Jaeden Schafer5 min read
AI startups inflate ARR by 70% using contracted revenue as VC kingmaking tactic
Business

AI startups inflate ARR by 70% using contracted revenue as VC kingmaking tactic

Legal AI founder exposes pervasive practice of reporting committed but undeployed contracts as annual recurring revenue.

Jaeden Schafer5 min read
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