Alta, the AI styling app founded by Jenny Wang, has raised a $20 million Series A led by Forerunner, which pre-empted the round. Forerunner managing partner Eurie Kim is joining the board. Menlo Ventures and Aglaé Ventures, the Arnault family's firm behind LVMH, returned as investors. Angels include stylist Meredith Koop and Karlie Kloss. Alta offers a consumer app and AI services for fashion brands. It has trained 12 in-house AI models. Rent the Runway saw a 35% rise in engagement after Alta began powering its app's AI. Gap and Zimmermann have also used it. The money will fund AI infrastructure, hiring beyond its team of 10, and localisation for new markets. Users have generated 700 million outfits and 20 million avatars.

Kevin Weil, ex-OpenAI chief product officer, launched Warp Sciences with $215M from Lightspeed, IVP, Premji Invest and Lux Capital at an $865M valuation.

Town, a San Francisco startup that gives each worker an AI assistant, has raised $108 million in a Series B at a $1 billion valuation. Forerunner Ventures and Menlo Ventures co-led the round, announced on Monday. Existing investors a16z and First Round Capital took part, along with Better Tomorrow Ventures, Precedent.vc, Scribble Ventures, Serena Ventures, and Sparked Ventures. Town is extending its assistants, called Townies, from individuals to teams. They can ask each other questions, hand off work, and share workflows, while sharing only what their person would share. Town launched publicly in June 2026 with a $55 million Series A. Since July, paying customers have grown fourfold and paying teams ninefold.