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Top Madrona Venture Group News

Startups · San FranciscoRecraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised aSee the Story
A stealth AI model beat DALL-E and Midjourney on a popular benchmark. Its creator just landed $30M.
100% Center coverage: 1 sources

New York State · New YorkNekuda, a NYC-based startup building infrastructure for agentic payments, raised $5M in funding. The round was led by Madrona Ventures with participation Amex Ventures and Visa Ventures, Paul Klein, CEO of Browserbase, Shyamal Hitesh Anadkat, Applied AI at OpenAI and Sahar Mor. The company intends to use the funds to accelerate its operations and development efforts. Led by CEO Ayal Karmi, Nekuda provides an infrastructure […] The post Nekuda R…See the Story
Nekuda Raises $5M in Funding

Entrepreneurs · LondonEntrepreneurs often ask: When do I know it’s time to scale? Or, how do I lead when I wasn’t the original founder? In this week’s Founded & Funded, Madrona Partner Chris Picardo sits down with Eleanor Lightbody, CEO of Luminance, who shares how she took a promising AI product and built a company culture, go-to-market motion, and product strategy that’s scaled 6x in just two years. Eleanor’s candor and tactical insights on hiring, selling, and nav…Read Article