# Particle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/particle-2

- Industry: Information Services
- Headquarters: San Rafael, US
- Website: www.particlenews.ai
- Total disclosed funding: $15M
- Latest round: Series A (Jun 11, 2024)
- Investors on record: 5

## About

Based in California, US, and founded in 2023 by Sara Beykpour (CEO) and Marcel Molina, Mina Labs, Inc., trading under the name Particle, operates as a media company that offers an artificial intelligence-based digital newspaper. In June 2024, Particle raised USD 10.9 million in series A funding led by new investor Lightspeed Venture Partners, with participation from another new investor Axel Springer SE. Individual investors also participated in the round.

Particle is a startup that provides a news reader app that uses AI to customize news feed. It not only uses AI to summarize articles, but it also seeks summaries from sources that appropriately compensate the original authors and publishers. This allows users to rapidly understand the main ideas of tales via bulleted summaries, while also ensuring creators are supported.

The company will use the June 2024 funding to expand its team.

## Funding rounds

- Series A, Jun 11, 2024, $11M — Lightspeed Venture Partners, Axel Springer SE
- Seed, Apr 1, 2023, $4.4M — GC&H Investments, Kindred Ventures, Adverb Ventures

## Investors

- GC&H Investments (https://capitalatlas.ai/funds/gc-h-investments) — Seed
- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Seed
- Adverb Ventures (https://capitalatlas.ai/funds/adverb-ventures) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Axel Springer SE — Series A