Jay Reinemann retweeted
I wrote about GLM-5.2 as a window into frontier API economics.
Near-frontier intelligence is getting cheaper and more commoditized, but frontier labs may still have meaningful inference margin on the last increment of quality and reliability.
Link below.
Jay Reinemann retweeted
"As finance moves onchain, the market needs digitally native infrastructure that is flexible enough to support tokenized assets of all kinds within bankruptcy-remote structures." - @virtuallylaw
🔗 Learn more about how Surus is building for the onchain economy: surus.io
Jay Reinemann retweeted
Hello World. We're building regulated infrastructure to power onchain finance.
We’ve raised $8M in seed funding and received regulatory approval from the North Carolina Commissioner of Banks to open Surus Trust Company.
Our seed round was led by @CastleIslandVC with participation from @PropelVC, @restivevc, @ProtagonistXYZ, @plcapital, and @PluralVC.
Learn more ⬇️
Jay Reinemann retweeted
🚀 We’re Hiring! @PropelVC is expanding its investment team and looking for a driven, entrepreneurial investor to join our San Francisco office.
⛰️ At Propel, we back visionary founders shaping the future of money, financial services, and transformative technology. From Seed to Series A, we invest in startups worldwide that are redefining how the world works, trades, and thrives.
🔬As part of our team, you’ll have the opportunity to research, source, and evaluate high-potential investments while working closely with founders and portfolio companies in some of the most innovative areas of the economy.
🎯 We’re excited to expand our team and our impact. If you or someone you know would be a great fit, let’s connect! The job posting has details.
Job Posting: linkedin.com/jobs/view/41376…
cc/ @JayReinemann @0xelton @braeden_norris
Jay Reinemann retweeted
I'm excited for @PropelVC to lead @akua_tech's $4.3M Seed round and work with @jjbehrend, @carlosm61786337, and Rodrigo Rodrigues! Akua empowers payment gateways, processors, PayFacs, orchestrators, and traditional acquirers to overcome legacy system limitations through a cloud-native platform with direct access to any network.
The three co-founders individually are fast-moving, clear communicators and relentless recruiters - and collectively built a distinct culture with employees across LatAm. This is the team to deliver scalable, secure, and efficient payment processing solutions for LatAm!
Since @PropelVC's first LatAm investment in 2018, we’ve grown to 12 regional portfolio companies, including @timeneon, @NomadGlobalApp, @truora, and @fintoc_com. We look forward to continuing to grow the portfolio in LatAm and supporting exceptional founders working on big problems.
Akua Raises $4,3M in Series Seed Funding!
Announced today that it has secured a $4.3 million seed investment led by Propel and supported by Plug and Play, HTwenty, RallyCap, Flourish Ventures and ICventures, along with high-impact angel investors
akua.la/post/akua-raises-4-3…
Jay Reinemann retweeted
🚨 Our portfolio is hiring!
Check out open roles with some of the coolest companies in AI & Web3 👇
⚡️ Software Engineer with @ParchaHQ
⚡️ Developer Relations with @heliuslabs
⚡️ Designer with Cavela.com
(Job descriptions in 🧵)
Jay Reinemann retweeted
.@PropelVC is growing the investment team in SF 🎉
Check out the posting and help us find an incredible addition 🙌
linkedin.com/jobs/view/37362…
Jay Reinemann retweeted
Congrats to the @NomadGlobalApp team on their Series B! ⚡️
fintechnexus.com/brazils-fin…
Jay Reinemann retweeted
📣 Our friends at @ParchaHQ are hiring!
Parcha is building AI Agents to automate compliance and operations.
Check out these opportunities to work with an incredible team 👇
parcha.ai/jobs
Jay Reinemann retweeted
📣 Propel is back in SF!
We're excited to be in person in San Francisco's Jackson Square/North Waterfront neighborhood.
Come by and let's catch up!
Jay Reinemann retweeted
We've partnered with 3 strong founding teams this summer at the intersection of AI + financial services. @ParchaHQ (announced today), and two with stealth fundraises.
I’d like to make another venture investment by August 31, $500k to $4M - preferably at the intersection of AI + financial services (i.e., enable, accelerate, deliver) 🧠🏦
If that's you, please email or DM me as many details as possible 🫶
Founders, I am one of the mentors at @creativedlab -Wisconsin. The format and expertise in the room makes it some of the best time a founder can spend in the early years.
Apply: lnkd.in/gwa9FW-7 to be part of #CDL-Wisconsin's 2023/24 cohort.
#Risk #Insuretech #Startup
Jay Reinemann retweeted
SF Builders - let's get coffee next week!
Send a note to @claremckee123 @0xelton or @braeden_norris ⚡️
Jay Reinemann retweeted
👋 Meet the @PropelVC team!
Investor @braeden_norris is focused on AI, Web3, and Insurance + our internal platform.
Reach out and catch up with Braeden in📍San Francisco this summer.
Jay Reinemann retweeted
👋 Meet the @PropelVC team!
Investor @claremckee123 - focused on US & LatAm Fintech and our resident tennis star.
Well done @noyesclt. Networks are incredibly hard to build. This is a great list.
Jay Reinemann retweeted
📣 Portfolio open roles
Our friends at @truora are hiring!
Check out open roles in sales, product management, and engineering. 👇
Jay Reinemann retweeted
This is not FTX, it is not LUNA, it is just a bank that f'd up. And now some other bank is about to get a killer deal by acquiring a VERY valuable asset on the cheep and the CEO will lose his job (maybe) but it will absolutely, w/o a doubt, not impact your deposits. Stay calm.