Craft Ventures

– Superplastic, a company from the creator of Ello and Kidrobot, raised $20m funding.
– The round was led by Google Ventures, Index Ventures, Founders Fund, Craft Ventures, Day One Ventures, Galaxy Digital, Kakao, LINE Friends and individual investors like Cyan Banister, Jared Leto, Justin Timberlake and Scooter Braun.
– The company owns an animated collab house of “synthetic superstars” — characters who live on social media and pop up everywhere else through partnerships with celebrities, iconic fashion brands and gaming platforms.

– Roboflow, a Des Moines, Iowa-based startup developing tools for building computer vision models, announced it has raised $20 million in a series A round led by Craft Ventures.
– This brings the company’s total raised to date to $22.2 million, and CEO Joseph Nelson says the money will be put toward ongoing product development and hiring efforts.
– The global computer vision industry was estimated to be worth $11.32 billion in 2020, according to Grand View Research. But while the technology has obvious enterprise applications — computer vision algorithms can be trained to perform tasks like spotting gas leaks, counting pills, and monitoring workplaces to enforce social distancing — companies can face barriers to leveraging it in production. Teams are often faced with rebuilding software infrastructure and attracting the necessary machine learning expertise.