Locus Ventures

Locus Ventures is a seed fund founded by Google, Facebook and Y Combinator alums. We invest in passionate founders looking to build world-changing companies.

[Locus Ventures @locusvc]

Congrats @LummoSHOPid for reaching the milestone and in their way to be the #1 platform that fosters South East Asia’s burgeoning e-commerce sector !

[Bloomberg @business]

Indonesian software startup Lummo, formerly known as BukuKas, raises $80 million in a round led by Tiger Global and Sequoia Capital India https://t.co/fMRKH6d2tl

[Vidit Aatrey @viditaatrey]

Super pumped to share that we’ve raised $570M in our largest round yet led by @Fidelity & @BCapitalGroup with Prosus, Softbank, & Facebook participating again! 🎉

In just 5 months, our valuation is now up >2x to $4.9B.

[Standard AI @StandardAI]

We Launched our Cashierless Store inside The University of Houston today, More to come! #Checkoutfree #autonomouscheckout
https://t.co/W1IVE5bhQx

[Locus Ventures @locusvc]

We are proud to partner with BukuKas, the market leader in Indonesia to help MSME with mobile bookkeeping. Amazing team + traction = 🚀

https://t.co/wwcAc2N7Vj

[Paul Graham @paulg]

Estimote has been racing to build a wearable to track and ensure social distancing in workplaces, and it just launched. This is the sort of innovation that will help us get out of lockdown safely.

https://t.co/q3bzcK6kTG

[David Sacks @DavidSacks]

Some thoughts on the topic du jour in tech right now -- the sudden reappraisal of tech-enabled businesses based on gross margins/unit economics. Here's what founders need to know.

The Gross Margin Problem: Lessons for Tech-Enabled Startups https://t.co/NvQ23q3Lpg

[Locus Ventures @locusvc]

Airtel will acquire a stake in Vahan and partner with them in building significant scale to achieve their vision of enabling jobs for the next billion internet users.

https://t.co/skElBQjBsN

[VGS @getVGS]

VGS is delighted to announce our $35 million Series B led by @GoldmanSachs with participation from our existing investors @a16z & @vertexventures!

We’re excited for this next chapter & to help more companies achieve a #ZeroData mission. Read more here:

https://t.co/pje3FQf0DZ

[Locus Ventures @locusvc]

https://t.co/zjk0uIpe6t

[Locus Ventures @locusvc]

The startup also hopes to capitalize on fears about how Amazon might use partners’ data the way it does in e-commerce. “Our product offering has none of those strings attached. There’s no ulterior motives.” said Fisher.
https://t.co/aZ3e5fjziU

[Locus Ventures @locusvc]

https://t.co/jNjsVHSRWz

[Locus Ventures @locusvc]

https://t.co/36ZG8SzvBX

[Locus Ventures @locusvc]

https://t.co/njzeMbGC4B

[Allure Systems @AllureSystems]

1) By 2020, the global #ecommerce #fashion industry is expected to grow to $713 billion.

2) Innovative brands that use fit technology, virtual fitting rooms, AI-powered virtual shopping assistant to help customers select the right products will come out on top.

(1/4)

[Standard AI @StandardAI]

So excited to be at #MIT today! Come and find us at booth 903!

#ai #MITCareerFair #standardcognition #standardai #autonomouscheckout

[🦉DVC @DVCorg]

Hey SF folks! Our very first meetup is coming next month! 🤩
We are teaming up with @standardAI to discuss #opensource tools to version control ML models and experiments.

📣 Join us on Oct.10 at the new Dropbox office in SF.
Save your spot 👇

https://t.co/Jtypo8oFau #MLOps

[EQT Ventures & Growth @eqtventures]

What if you never had to go through another supermarket queue in your life? 🛒

Here's EQT Ventures' investment thesis behind @standardAI by @alimitchell!

https://t.co/HKmaUVDvgE

[Locus Ventures @locusvc]

Recko: Helping Enterprises With AI-Powered Reconciliation To Scale https://t.co/MRZvVERQKv

[Locus Ventures @locusvc]

https://t.co/xiMWn6JgPT

[Locus Ventures @locusvc]

If you want to solve interesting problems with some of the smartest AI experts, you should talk to @standardAI!

[Standard AI @StandardAI]

Some news! Excited to share that we've raised a $35M Series B led by @eqtventures. The funding will allow us to pursue our growth plans even more aggressively. And yes, we are DEFINITELY hiring! 🤖🛒

https://t.co/hGd2c8WNqx