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Lightspeed Venture Partners

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STARTUPS · 1 SOURCE · TechCrunch AI

Nirva raises $25M pre-Series A for a jewelry-like pendant that listens only to the wearer

Nirva, founded by two former Meta Reality Labs employees and a fashion entrepreneur, raised $25 million in a pre-Series A round (bringing total funding to $33M) to produce a jewelry-style wearable pendant that passively listens to the wearer’s speech and surfaces personal insights via a companion app. The 8‑gram device (battery up to three days) will open orders in November at $249 and aims to filter out others’ speech and discard audio after processing by default.

5.0

STARTUPS · 1 SOURCE · TechCrunch AI

Arena raises $200M Series B at $3.1B valuation after revenue jump

Arena, a crowdsourced AI model-ranking platform that began as a UC Berkeley project, raised $200 million in a Series B at a $3.1 billion valuation. The company said it reached a $100M annualized run rate in June, added an enterprise product called AI Evaluations and launched an "alignment" leaderboard; the round was led by Lightspeed and Khosla with participation from Salesforce Ventures, a16z, Felicis and others.

8.0