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Allie Garfinkle

Allie Garfinkle

Fortune

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Vietnam tycoon loses death penalty appeal in $27 billion fraud but court says it could spare her life if she returns 3/4 of stolen assets

Truong My Lan appealed the verdict in a month-long trial, but on Tuesday the court in Ho Chi Minh City determined that there was "no basis" to reduce...

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Fortune

Allie Garfinkle

Three charts explaining where the AI frenzy is right now

PitchBook recently released its Q3 AI and ML report.

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Fortune

Allie Garfinkle

How one e-commerce focused founder, Yiqi Wu of Aimerce, is thinking about Black Friday

Yiqi Wu, founder and CEO at e-commerce-focused customer intelligence startup Aimerce, says this Black Friday is shaping up to be extremely...

29.11.2024 10

Fortune

Allie Garfinkle

Alexis Ohanian and soccer star Midge Purce on docuseries The Offseason—and the venture case for women’s sports

Alexis Ohanian’s Seven Seven Six backed NWSL docuseries The Offseason, and the viewing numbers are in.

27.11.2024 9

Fortune

Allie Garfinkle

Exclusive: Wherobots, cloud-based geospatial data platform, closes $21.5 million Series A

Wherobots has closed its $21.5 million Series A, led by Felicis, Fortune can exclusively report.

26.11.2024 10

Fortune

Allie Garfinkle

Tomasz Tunguz on raising Theory Ventures’ $450 million second fund

Tomasz Tunguz’s Theory Ventures recently raised its second fund at $450 million, Fortune has exclusively reported.

22.11.2024 7

Fortune

Allie Garfinkle

Exclusive: Arcade, visual storytelling platform, raises $14 million Series A led by Kleiner Perkins

Arcade raised a $14 million Series A, led by Kleiner Perkins, Fortune can exclusively report.

21.11.2024 5

Fortune

Allie Garfinkle

Exclusive: Oishii, vertical farming startup, closes its Series B at $150 million

Vertical farming startup Oishii has closed its Series B at $150 million, Fortune can exclusively report.

20.11.2024 20

Fortune

Allie Garfinkle

Exclusive: Roboflow, vision AI startup, raises $40 million Series B

Roboflow has raised $40 million for its Series B, led by GV, Fortune has exclusively learned.

19.11.2024 6

Fortune

Allie Garfinkle

Klarna’s CEO embraced AI by telling OpenAI’s Sam Altman, “I want Klarna to be your favorite guinea pig”

As his fintech preps for an eventual IPO, Sebastian Siemiatkowski believes experimenting with AI is crucial.

11.11.2024 6

Fortune

Allie Garfinkle

The false premise of prediction markets

Prediction market Polymarket has become increasingly popular throughout the 2024 U.S. election.

06.11.2024 10

Fortune

Allie Garfinkle

A few Election Day thoughts from the last 200 years

Close, chaotic, and contested elections have long been a recurring part of American politics.

05.11.2024 4

Fortune

Allie Garfinkle

How Sequoia’s Roelof Botha is thinking about the iconic VC firm’s future

Fortune’s latest cover story gives readers a view into how Roelof Botha is thinking about Sequoia’s future, at a time that’s complex for the...

05.11.2024 5

Fortune

Allie Garfinkle

The leading LLMs have accessibility blind spots, says data from startup Evinced

Evinced surveyed the most popular AI platforms, and found they all had what the company terms “critical accessibility errors.”

04.11.2024 5

Fortune

Allie Garfinkle

Tomasz Tunguz’s Theory Ventures has raised a $450 million second fund, filings say

Theory Ventures has raised $450 million for its second fund, according to securities filings viewed by Fortune.

01.11.2024 5

Fortune

Allie Garfinkle

Lux’s Josh Wolfe on launching Lux Labs and making science fiction reality

Lux Capital recently launched Lux Labs, devoted to helping scientific ideas move from labs into real-world business settings.

01.11.2024 8

Fortune

Allie Garfinkle

In its tenth year, Female Founders Fund has returned its first fund

Female Founders Fund has returned its first fund after doing a partial secondary sale in women’s health-focused Maven.

31.10.2024 50

Fortune

Allie Garfinkle

Wiz, Netskope, and 1Password headline Fortune and Lightspeed’s second annual Cyber 60

Fortune and Lightspeed have released the second annual Cyber 60.

30.10.2024 10

Fortune

Allie Garfinkle

Exclusive: MaC VC raises $150 million for its third fund in four years

MaC has closed its third fund at $150 million, Fortune has exclusively learned.

29.10.2024 10

Fortune

Allie Garfinkle

Volkswagen’s reckoning: Job cuts, factory closures, and a 10% pay slash loom over Germany’s auto icon

The auto giant targets €4 billion in savings amid rising competition and EV struggles, sparking backlash from unions as historic cost-cutting looms.

28.10.2024 10

Fortune

Allie Garfinkle

Reactiv, mobile commerce startup, launches out of stealth with $5 million seed round

Canada-based Reactiv has raised $5 million in a Bonfire Ventures-led seed round, Fortune has exclusively learned.

28.10.2024 8

Fortune

Allie Garfinkle

General Catalyst’s Hemant Taneja on AI, LPs, and raising around $8 billion

The news broke yesterday that General Catalyst had raised about $8 billion in new funds.

25.10.2024 10

Fortune

Allie Garfinkle

Exclusive: Ramp, valued at $7.65 billion, launches its own app store

Ramp is launching its own app store, called the Ramp App Center, Fortune has exclusively learned.

24.10.2024 8

Fortune

Allie Garfinkle

55% of companies say security risks are at a high — and AI has a lot to do with it, according to new data from Vanta

AI security and compliance startup Vanta has released its 2024 State of Trust report.

23.10.2024 8

Fortune

Allie Garfinkle

Former Humana CEO Bruce Broussard joins Define Ventures as venture partner

Former Humana CEO and president Bruce Broussard will be joining VC firm Define Ventures as a venture partner, Fortune can exclusively report.

22.10.2024 4

Fortune

Allie Garfinkle

Exclusive: Gili Raanan’s Cyberstarts raises $60 million for fourth seed fund

Cyberstarts has now raised $60 million for its fourth seed fund, Fortune has exclusively learned.

21.10.2024 10

Fortune

Allie Garfinkle

Exclusive: Ghost, B2B retail inventory marketplace, raises a $40 million Series C led by L Catterton

Ghost has raised a $40 million Series C led by L Catterton, Fortune can exclusively report.

15.10.2024 5

Fortune

Allie Garfinkle

Cameron Diaz took a break from Hollywood and shook up the wine world

The Hollywood icon’s quest for clean, clear labels is rewriting the rules of the wine industry.

15.10.2024 7

Fortune

Allie Garfinkle

Exclusive: Toy brand KiwiCo has surpassed $1 billion in lifetime revenue

Since its 2011 founding, KiwiCo, a STEM-based toy and activity brand, has generated more than $1 billion in revenue, Fortune has exclusively learned.

14.10.2024 6

Fortune

Allie Garfinkle

Mayfield’s Navin Chaddha on the firm’s AI Garage and the qualities of a strong prospective founder

Mayfield’s AI Garage program seeks to identify fledgling AI founders before they’re even really, well, founders.

11.10.2024 20

Fortune

Allie Garfinkle

Explaining venture capital to kids with Lux Capital’s Deena Shakir

Lux Capital general partner Deena Shakir wrote a children's book about startups, Leena Mo, CEO, that was just published by Simon & Schuster.

10.10.2024 9

Fortune

Allie Garfinkle

Exclusive: Imprint, a co-branded credit card startup, closes $75 million Series C and boosts valuation to $600 million

Imprint has raised a $75 million Series C led by Khosla Ventures, Fortune has exclusively learned.

10.10.2024 8

Fortune

Allie Garfinkle

For startups, attracting deep tech talent from large companies is more attainable than ever, says Mytra CEO and cofounder Chris Walti

Mytra, a venture-backed warehouse robotics startup, recently brought in three key technical hires, Fortune can exclusively report.

09.10.2024 10

Fortune

Allie Garfinkle

Sequoia’s Alfred Lin on the art and math of spotting outliers

Alfred Lin, who just celebrated his 14th year at Sequoia Capital, talks about the frameworks he uses to identify outlier startup founders.

08.10.2024 10

Fortune

Allie Garfinkle

Initialized Capital’s recent layoffs are part of a much larger (and longer) cycle

When Initialized Capital announced layoffs last week, social media hummed. But the underlying forces are bigger than any one firm.

07.10.2024 10

Fortune

Allie Garfinkle

The pharmacy benefit management sector just might be set for a VC-backed shakeup, says Rightway CEO and cofounder Jordan Feldman

In 2023, about 80% of all prescription drug claims in the U.S. were processed by only three companies. VC-backed Rightway CEO and cofounder Jordan...

04.10.2024 20

Fortune

Allie Garfinkle

Exclusive: Rogo, an AI startup focused on finance, raised its $18.5 million Series A

Rogo has raised its $18.5 million Series A in a funding round led by Khosla Ventures, Fortune can exclusively report.

03.10.2024 9

Fortune

Allie Garfinkle

Exclusive: Lorikeet, an AI customer service platform, comes out of stealth with $5 million in seed funding

New AI customer service startup Lorikeet has raised $5 million in seed funding, Fortune can exclusively report.

03.10.2024 10

Fortune

Allie Garfinkle

Why Breeze Airways boss and JetBlue founder David Neeleman believes air travel remains ‘unbelievably safe’ and AI will change the game

It’s a tense moment for air travel. However, Breeze Airways CEO, chairman, and founder David Neeleman sought to reassure the audience at Fortune’s...

17.07.2024 10

Fortune

Allie Garfinkle

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