MAGIC Fund (@backedbymagic) 's Twitter Profile
MAGIC Fund

@backedbymagic

Global early-stage fund built by founders for founders

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linkhttp://magic.fund calendar_today03-07-2021 16:04:32

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NVIDIA is betting big on OpenAI — up to $100B. OpenAI will deploy 10 gigawatts of NVIDIA systems — enough infrastructure to power the next generation of frontier models and redefine what AI can achieve. The first phase rolls out in 2026 on NVIDIA’s new Vera Rubin platform,

NVIDIA is betting big on OpenAI — up to $100B.

OpenAI will deploy 10 gigawatts of NVIDIA systems — enough infrastructure to power the next generation of frontier models and redefine what AI can achieve.

The first phase rolls out in 2026 on NVIDIA’s new Vera Rubin platform,
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We’re excited to share that our portfolio company Koda Health has raised a $7 million Series A round. Founded in 2020, Koda Health is a digital health company transforming advance care planning (ACP) — helping patients and families articulate their goals, values, and

We’re excited to share that our portfolio company Koda Health has raised a $7 million Series A round. 

Founded in 2020, Koda Health is a digital health company transforming advance care planning (ACP) — helping patients and families articulate their goals, values, and
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“1 in 4 humans will be African by 2050.” Our General Partner, Temi Marcella, shares how Africa’s demographic dividend is shaping investment trends on the continent. With population growth set to rival China’s, technology has the potential to transform lives, and this insight

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Adeel Yang, MD, is a serial entrepreneur and investor at the intersection of medicine, technology, and human experience. From founding Picmonic, which transformed how millions of students learn, to building Medumo (YC, acquired by Philips) and now leading Dryvebox, Adeel has

Adeel Yang, MD, is a serial entrepreneur and investor at the intersection of medicine, technology, and human experience.

From founding Picmonic, which transformed how millions of students learn, to building Medumo (YC, acquired by Philips) and now leading Dryvebox, Adeel has
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Anti-dilution provisions like ratchets are one of the most consequential, yet often misunderstood terms in a term sheet. They can dramatically reshape your cap table during a down round, affecting not just your ownership stake, but your ability to raise future capital and

Anti-dilution provisions like ratchets are one of the most consequential, yet often misunderstood terms in a term sheet. They can dramatically reshape your cap table during a down round, affecting not just your ownership stake, but your ability to raise future capital and
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AI is opening a new chapter in healthcare where providers can deliver more accurate diagnoses, more personalized treatments, and more proactive care than ever before. What once felt out of reach is quickly becoming part of everyday clinical practice as AI moves deeper into

AI is opening a new chapter in healthcare where providers can deliver more accurate diagnoses, more personalized treatments, and more proactive care than ever before. What once felt out of reach is quickly becoming part of everyday clinical practice as AI moves deeper into
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Spotlighting Natasha Zone, founder & CEO of onezone. After a decade in hospitality and concierge, she saw a gap: people wanted trustworthy recommendations without the noise of outdated apps and generic social media. She built onezone to solve that — expert-curated places to

Spotlighting Natasha Zone, founder &amp; CEO of <a href="/onezoneapp/">onezone</a>.

After a decade in hospitality and concierge, she saw a gap: people wanted trustworthy recommendations without the noise of outdated apps and generic social media.

She built onezone to solve that — expert-curated places to
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The future of AI will not be shaped solely by technical breakthroughs. It will also be shaped by trust. Foundational language models are getting more powerful every day, but power alone does not drive adoption. Trust does. That is why so much of today’s AI work centers on bias

The future of AI will not be shaped solely by technical breakthroughs. It will also be shaped by trust.

Foundational language models are getting more powerful every day, but power alone does not drive adoption. Trust does. That is why so much of today’s AI work centers on bias
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We’re excited to share that Mono our portfolio company, has been acquired by Flutterwave, Africa’s leading payments technology platform. Together, they’re building a more interoperable financial system for Africa, where businesses can seamlessly authenticate customers and scale

We’re excited to share that Mono our portfolio company, has been acquired by Flutterwave, Africa’s leading payments technology platform.

Together, they’re building a more interoperable financial system for Africa, where businesses can seamlessly authenticate customers and scale
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Our portfolio company Kivo Health recently partnered with Priority Health, Michigan’s second largest health plan, to deliver AI-powered virtual care for Chronic Obstructive Pulmonary Disease (COPD) to 1.3 million members across the state. Congratulations to the team on this

Our portfolio company <a href="/kivohealth/">Kivo Health</a>  recently partnered with Priority Health, Michigan’s second largest health plan, to deliver AI-powered virtual care for Chronic Obstructive Pulmonary Disease (COPD) to 1.3 million members across the state.

Congratulations to the team on this
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Finding the right investors goes beyond money, it’s about finding the right match. In this snippet, our General Partner, Temi Marcella breaks down a few crucial steps on how you could find the right investor for your startup. Definitely worth the watch. 🎯

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Dimeji Sofowora is a lawyer-turned-founder-turned-investor whose career has been defined by one consistent instinct: spotting broken systems and building what comes next. Before becoming a full-time builder, Dimeji trained as a lawyer, earning an LLB from the University of Leeds

Dimeji Sofowora is a lawyer-turned-founder-turned-investor whose career has been defined by one consistent instinct: spotting broken systems and building what comes next.

Before becoming a full-time builder, Dimeji trained as a lawyer, earning an LLB from the University of Leeds