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Investing in consumer AI
& is crypto summer coming?
The SEC's approval of spot Bitcoin ETFs marks a transformative moment for the crypto industry, signaling a new chapter in digital currency investment, with $4.6B in volume on first day of trading. In Vegas, CES 2024 showcased rapid advancements in consumer AI, underlining its growing influence across more and more aspects of our daily lives. In SF, the JPMorgan Healthcare Conference further highlighted the surge in the techbio sector. These developments present exciting prospects for startup founders as investor focus increasingly shifts towards innovative applications in web3, consumer AI, and techbio.
Join us at our upcoming Brex events for deeper insights and strategies to leverage these evolving markets and trends for your businesses growth.
P.S. We're hiring a bio and healthcare startups ambassador. If you know a candidate with a strong perspective in these markets, and established founder and VC network, reach out to us!
Growing together, Michael Morgenstern
Upcoming Events:
Jewish Founder Society Miami 1/16
Designed for Jewish founders, soon to be founders (1-3 months) and investors for an evening under the stars of networking and a VC panel (boldstart and Blumberg Capital)
Apply Here: Brex Host Michael Morgenstern
Brex Supper Club w/ 6MV NYC 1/17
Designed as a private dinner series for founders scaling fast in web3
Apply Here Brex Host: Shai Goldman
Brex Supper Club NYC 1/24
Designed as a private dinner series for founders in NYC
Apply Here Brex Host: Erica Wenger
Brexfast Club w/ Convoi Ventures Salt Lake City 1/26
Designed as a breakfast club for Utah pre-seed founders
Apply Here Brex Host: Jimmy Stephens
Brex Supper Club w/ Valhalla Ventures Dunbar Capital Miami 1/30
Designed as a private dinner series for venture investors
Apply Here Brex Host: Michael Morgenstern
Brex Supper Club SF 1/31
Designed as a private dinner series for founders in SF
Apply Here Brex Host: Jonathan Chang
Startup of the Week 🤩
Dario Villani and Kharen Musaelian Co-Founders of Qognitive
Qognitive has created a new form of machine learning based on ideas of quantum cognition. Its main advantage over traditional statistical machine learning is in overcoming the curse of dimensionality -- exponential growth of data requirements as a function of the number of features.
In terms of healthcare applications, Qognitive's technology has the potential to analyze a large amount of unstructured data in the form of many heterogeneous features, and generate optimal categorization and labeling that is commensurate with the amount of data -- the more data, the finer the categorization scheme
Ambassador’s perspective: Qognitive's quantum cognition technology offers a novel solution to the data dimensionality issue in machine learning. Its impressive capability to analyze extensive healthcare data positions it as a leader in the quantum startup space, with Ribbit Capital’s investment underscoring its market potential. Qognitive is a company to watch!
Emerging Manager Spotlight 🤩
Rex Woodbury Founder & Managing Partner at Daybreak
Rex at Daybreak focuses on Pre-Seed and Seed, often as the first partner to entrepreneurs. Before founding Daybreak this year, Rex was a Partner at Index Ventures, and also writes Digital Native weekly for a community of 50,000+ readers. Daybreak partners with founders making life better for the next generation, investing in both B2C and B2B companies with the potential for viral adoption.
Rex is drawn to the artisanal side of venture—working closely with entrepreneurs at the earliest stages to get a business off the ground and hit escape velocity. Daybreak will always skew toward the more artisanal, craftsman-like side of venture. Rex is based in NYC.
great emotional fortitude required when doing a startup
— Greg Brockman (@gdb)
5:06 AM • Jan 11, 2024
Connect with us
Alexandra: [email protected] | Twitter
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Shai: [email protected] | Twitter
The financial stack that scales with you. 🤩 Trusted by 1 in 4 US startups, Brex allows you to manage your spend from MVP to IPO. Interested? Sign up here using the referral code NEWSLETTER and get 30,000 bonus points, $5K AWS credits, $2.5K OpenAI credits and up to $150K in SaaS discounts.
Don’t hesitate to reach out,🦾!
Startups Team @ Brex