Garry Tan, president & CEO, YC, said recent developments in AI have opened myriad possibilities and AI is thus a significant focus area for many of the selected startups.
Seven Canadian tech startups are participating in Y Combinator’s Summer 2023 Demo Day: Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
As per Tracxn data reviewed by ET, monthly funding totals have never gone below $600 million, trailing at least as far back as March 2022 17 months ago, until July and August this year.
Storied venture firm Y Combinator has removed an Indian startup from its batch after discovering "irregularities" at the firm, several people familiar with the matter told TechCrunch. Medobed, an Indian startup that promises medicine delivery in 10 minutes, was initially selected in Y Combinator's S23 batch. In recent weeks, Y Combinator has severed its ties with the Indian firm and a partner at the venture firm has also suggested many potential investors to not engage with Medobed, according to two people familiar with the matter and a copy of an email obtained by TechCrunch.