Prosper AI has raised $30 million in a Series A round led by Andreessen Horowitz, with participation from Base10 and existing investors Emergence Capital, Y Combinator and Company Ventures. The funding will be used to expand Prosper AI's engineering and customer-facing teams, deepen integrations across major electronic health record platforms, and accelerate adoption of its AI platform.

Two Nepali MIT students, Sudip Rokaya and Kartikesh Mishra, have founded Lamina Labs in San Francisco, developing an AI-powered video explainer tool called Simi. The startup has secured $500,000 from YCombinator and an additional $3 million in funding. Simi generates whiteboard-style educational videos from text prompts in 80 languages, including Nepali, offering multiple aspect ratios and voice options. The platform is faster and cheaper than competitors whilst producing higher-quality videos. Twelve days after launch, Simi had 4,000 users and 187 paying customers, including small businesses and pet daycares. Lamina Labs is the first all-Nepali startup funded by YCombinator, which has an acceptance rate below 1%. The founders plan to use the funding to hire additional engineers and scale the platform.