Accel focuses on AI’s nuts and bolts

Crunchbase talks agtech with an unusual source June 16, 2023 Hi, {NAME}. Today we spotlight another investment firm’s AI strategy with [Accel]( partner [Daniel Levine](. Plus, in our latest Behind The Curtain column, we dig into AI-assisted vertical farming with a very opinionated baby kale plant. 🔩 [Where Accel keeps its AI focus]( As investors eagerly apply artificial intelligence to every process and technology they can think of, [Accel]( keeps its focus on AI’s nuts and bolts by continuing to support its investment thesis on AI tooling and applications. We talk to Accel partner [Daniel Levine]( about the firm’s newest AI startup bets. 🌱 [Column: Crunchbase talks to a vertically farmed baby kale plant]( In our Behind The Curtain Q&As, we explore the venture capital ecosystem with some unexpected guides. In this installment, we dig into the world of AI-assisted vertical farming, courtesy of a baby kale plant with strong opinions on cilantro and (shudder) the outdoors. 🏛️ [Feds punt on some Bankman-Fried charges]( Federal prosecutors have moved to drop five charges against disgraced [FTX]( founder [Sam Bankman-Fried](. Those charges, which include bribery of a foreign government official, were thrown into doubt after questions arose whether the U.S. government had followed correct procedures. 🍎 [Metaverse investing has slowed. Can Apple save it?]( [Apple]( unveiling of its Vision Pro has put the spotlight back on the metaverse, highlighting what it could be and what its future may hold. We look at funding to the space. ✂️ [Is AI the cause of job cuts this year?]( As artificial intelligence startups continue to raise big rounds while the broader tech community steadily sheds jobs, we can’t help but wonder how the two trends are connected. Is AI a job creator or destroyer? Looking at the data, we think the answer might be both. 🌐 [The Crunchbase Web3 Tracker]( Follow Web3 news and funding trends with our [daily updated dashboard]( on startups and investment in the Web3, crypto and blockchain sectors, based on Crunchbase’s comprehensive data. 💲 [7 ways to extend your runway by optimizing SaaS spend]( Riding the wave of rapid growth without stepping back to evaluate your software usage and spending is a fast way to burn through cash and shorten your runway. Here’s how to develop a strategic SaaS stack with transparency across all tools, optimized spending, and solid control of all software and procurement activities. [Crunchbase ROI Calculator]( [See the number of new accounts Crunchbase can add to your funnel with our advanced prospecting ROI calculator powered by Crunchbase data.]( [Calculate]( Recent Investments [Entain]( [600M GBP]( / [Post-IPO Equity]( Entain is a sports-betting, gaming, and interactive entertainment group that operates in the online and retail sectors. Categories: Gaming • Internet • Online Games • Video Games [Editas Medicine]( [$125M]( / [Post-IPO Equity]( Editas Medicine is a clinical-stage genome editing company that develops genomic medicines for serious diseases. Categories: Biotechnology • Genetics • Health Care • Medical Founders: [David R. Liu]( [Feng Zhang]( [George Church]( [J. Keith Joung]( [Jennifer Doudna]( [Tomorrow.io]( [$87M]( / [Series E]( Tomorrow.io is a weather intelligence platform that provides real-time weather forecasts. 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