On May 21, The Capital Circle was held in Hong Kong, creating a trusted space for private capital, women-led innovation and global connections. Capital is more than funding. It is judgment, resources and long-term partnership. #WomenInTech# #VentureCapital# #Web3# #HerSymbiosis#

🇭🇰 The Scaling Summit HK 2026 | Session Recap Host: @499_DAO × City University of Hong Kong Co-host: @0G_labs × OpenSchool x IDM of CityU Special Partner: @BAI_AGI x @hetu_protocol 📌 Topic: Pricing the Real Utility of AI x Crypto Separating signal from noise in decentralized AI. 📊 Leading VCs gathered to discuss how they price the real utility of AI x Crypto projects, sharing insights on value capture, sustainable tokenomics, and navigating the hype cycle. 🎙️ Speakers & Mod: ▪️ @Cyph3rVae, General Partner, @PlutosCap (Mod) ▪️ @0xfishylosopher, Junior Partner at @PanteraCapital ▪️ @abcdave, Investment Director at @animocabrands ▪️ @Lepus_xbt, Investment Manager at @HashKey_Capital ▪️ Jiahao Xu, Co-Founder, Grace Investment Machine #TheScalingSummit# #VentureCapital# #Web3AI#

Nirva, an AI wearable startup, raises $8 million in seed funding On July 9, 2026, AI wearable device startup Nirva announced the completion of an $8 million seed funding round led by Lightspeed Venture Partners, with participation from South Park Commons. The funding will be used to advance product development, expand the team, and accelerate the commercialization of its first AI wearable product. Nirva was co-founded by Wei Lyu, former product lead at Meta Reality Labs; Jason Chen, a former Meta engineer; and Hanying Hu, founder of a jewelry brand. The company focuses on AI wearable devices. Its first product is an AI device that can be worn as a necklace or bracelet. It continuously records the user’s spoken content to themselves and, powered by on-device AI models and long-term memory capabilities, helps users generate personal journals, organize their thoughts, and receive personalized suggestions. The goal is to create an AI companion that can accompany users over the long term. Lightspeed believes that future competition in AI wearables will depend not only on model capabilities but also on whether the product is comfortable and aesthetically pleasing enough for users to wear every day, thereby accumulating continuous personal contextual data. Lightspeed noted that consumers already spend billions of dollars annually on health management and mental wellness. Products like Oura and Whoop primarily focus on physical data, while Nirva aims to go further by understanding users’ thinking patterns, emotional changes, and behavioral patterns to build a more complete long-term personal memory. As wear time increases, the device can continuously accumulate the user’s long-term contextual information and deliver increasingly precise suggestions. Lightspeed also pointed out that sustained user engagement, hardware mass production, supply chain management, and building a consumer brand will remain important challenges for the company going forward. From the primary market perspective, AI wearables are emerging as a new focus of capital attention following AI Agents. As large model capabilities continue to improve, more startups are exploring next-generation AI interfaces beyond the smartphone, seeking more natural and continuous human-AI interaction through smart glasses, AI pins, AI pendants, and similar hardware. However, compared with model capabilities, product design, wearing experience, and user retention are increasingly becoming the key factors that will determine whether AI wearables can achieve true mass adoption. Nirva’s funding round also reflects the capital market’s ongoing interest in founding teams that combine AI technology, hardware development, and consumer product design capabilities. #AI# #WearableDevices# #Startup# #SeedRound# #Fundraising# #VentureCapital# #PrimaryMarket# #WAIC# #Fashion# #Design#

We're heading to @leapeast 2026 ! It'll be a week of conversations with founders, investors, corporates, and ecosystem partners shaping what's next across AI, fintech, Web3, climate tech, and emerging technologies. Joining us on the ground: • Levi Lewandowski, Brinc Head of the UAE • Guillermo Ginesta, Managing Director at Brinc HK • Manav Gupta, CEO at Brinc • Edwin Lee, Partner at Brinc APAC Whether it's discussing fundraising, scaling into new markets, corporate innovation, venture acceleration, or building on emerging technologies, we're looking forward to hearing what founders are building, and sharing what we're seeing across our global ecosystem. If you're at LEAP East, don't hesitate to stop by and say hello. We always enjoy meeting ambitious founders, exchanging ideas, and exploring how we can help bring great companies to the next stage of growth. If you'd like to connect with Brinc, register your interest through our general calendar below. ( Looking forward to seeing familiar faces and meeting plenty of new ones in Hong Kong! #LEAPEast ##Brinc ##Startups ##Innovation ##Fintech ##AI ##Web3 ##VentureCapital#

NEW: A venture capital firm co-founded by Jeff Bezos’ younger brother Mark Bezos invested $11.7 million into a startup that fashioned itself as an Uber of fence installation and is now suing the startup’s founder after it's collapse, Bloomberg.

Cool to see Parkway Venture Capital listed in the top 20 U.S. venture firms I’ve known the co-founders for a long time and would strongly encourage founders to reach out to them