Red & Blue Ventures
123 posts

Red & Blue Ventures
@RedAndBlueVC
VC fund focused on the @Penn ecosystem

This morning, @axios broke the news: @aryahealth_ has raised an oversubscribed $18.2M Series A. This capital is fuel for accelerating our mission of using AI to bring humanity back to healthcare delivered across homes, communities, and screens. In a world obsessed with AI, we wanted to remind everyone that behind every algorithm, there are still people - the ones building it, and the ones it’s meant to help. So I asked my 9-year-old daughter Arya - the namesake behind the company - to help me tell the "human story". The story that somewhere along the way, we've made providers really busy with all the "chores" to be done around delivering distributed care. Forms. Portals. Calendars. Clicks. Text Reminders. Desperate phone calls. So busy that they don't have enough time-or resources-for what matters. Connecting deeply with those in need of care. And with those delivering care. We built Arya Health to fix that. Because the most urgent job for AI right now isn’t to become smarter than humans - it’s to make space for more humanity. And for that, it needs the best humans - the builders, dreamers, and doers who believe that technology should make people feel seen, not replaced. If you’re a provider and feel like busywork is keeping you from the humanity in care, please reach out. We'd love to help. If you're a builder and want to build AI with a focus on humanity, please reach out. We need you to move faster. -- Special gratitude to: 1/ @aikeho (@ACME ) for leading our Series A round, 2/ @byronling1 (@twelve_below), @Rosenrosen (@ridgevc) and many other early backers for doubling down on their conviction in Arya, 3/ @ColinEvans34598 (@OpenAI ) for seeing and backing our AI-powered vision, 4/ Industry leaders Fred Johnson, Chris Gerard, Sandra Bell and @guyfriedman for putting their trust in Arya as a customer, 5/ Melinda Phillips for hanging up her home care CEO gloves to come build the future with us, 6/ Arya's co-founder and CTO Arun for being the perfect yin to my yang, 7/ @FinnMurphy12 (@Nebularvc) for reminding me that it's my job to take big bets 8/ Joshua Rahn (Oceans) for reminding me that it's OK to be human 9/ @zachweinberg (Operator) for reminding me that it will take great pain, time and commitment to build the "next Flatiron Health" in NYC 10/ My partner in life Goksu Dogan for reminding me that if this was easy, anyone could do it... 11/ And my little Arya for reminding me every day that building a business is never "just business". It's personal. Especially in healthcare.


We're excited to announce we at Chef have closed $43.1M in financing to scale deployments of our AI-enabled robots! This brings Chef’s total capital raised to ~$65.6M ($38.8M in equity and $26.75M in debt). To date, Chef robots have produced 44,000,000 servings and counting, more meals than all other existing food robotics startups combined. Chef has AI-enabled robots deployed all over North America which have completed tens of thousands of hours of active production and manipulated almost 2,000 ingredients in production. We have quickly cemented our standing as the industry leader in AI-enabled food robotics. This financing is a great vote of confidence for both what we’ve built and also for the pull we’re seeing from our customers. We’re grateful for our customers, team, investors, and partners for their support to get to this milestone! Now, this fresh round of capital will enable us to expand our fleet of intelligent robots, accelerate customer deployments across both our existing and new customers, advance our physical AI model ChefOS, grow our go-to-market team, and expand internationally. We’re more energized than ever to accelerate the advent of intelligent machines the world🚀


Today is a big day at Chef! Announcing the Chef Robotics AI-enabled robot to help food companies overcome their labor shortage!

Today is a big day at Chef! Announcing the Chef Robotics AI-enabled robot to help food companies overcome their labor shortage!

I’m excited to share that @ShinkeiSystems raised $6M in seed funding led by @cantos, with participation from @8vc, @ImpatientVC, @RavelinCap, @SusaVentures @humbavc, Carya, @RedAndBlueVC, @UndeterredCap, and more. Here's more about what we're up to 👇 techcrunch.com/2024/04/30/shi…












