Perplexity, a generative AI startup developing a search engine to rival Google, has secured nearly $63 million in Series B funding. This investment has propelled the 55-person startup to double its valuation in three months, now exceeding $1 billion, with total fundraising reaching $165 million. The round was led by investor Daniel Gross with participation from Y Combinator chief executive officer Garry Tan, Figma Inc. CEO Dylan Field and billionaire Stanley Druckenmiller. Previous backers,...
A16z announced that it has raised a new $600 million games fund as part of a $7.2 billion raise for the venture capital company.
Organised by Dan, a young person at the hospital and Chloe Eagle, Head of Phoenix School, the 5km walk took place in Norfolk Heritage Park, Sheffield. Cygnet Hospital Sheffield, on East Bank Road, is a 55-bed hospital which offers a low secure service for women and Child and Adolescent Mental Health services for male and female adolescents over three wards. Dan is a service user on Pegasus Ward, a 13 bed general adolescent acute service, providing support for young people, both male and female....
Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
Lisa Carter, Funeral Arranger at Co-op’s Chapeltown Funeralcare, has raised more than £500 in memory of her grandson, Carter. After being born with a very rare genetic condition known as sudden infant death with dysgenesis of the testes syndrome (SIDDT), Carter had a life expectancy of just 12 months. He spent much of his life in the intensive care unit of Sheffield Children’s Hospital under the care of its nurses and doctors, until Carter passed away peacefully at only eight months old. As a...
The start-up is developing a novel treatment that aims to be an alternative to surgical interventions in cases of TGCT, a rare type of tumour that reduces mobility. : Dublin and Oxford-based SynOx raises $75m in Series B
Red Rover Interactive has raised an additional $15 million for its upcoming survival game, codenamed Project Coltrane.
Puffer Finance secures $18 million in funding round led by Brevan Howard Digital and Electric Capital. Crypto exchanges Coinbase and Kraken also invest in the Ethereum liquid restaking protocol. Puffer Finance, an Ethereum liquid staking protocol on Eigenlayer, has raised $18 million in its latest funding round. An announcement on Tuesday says Brevan Howard Digital […]
The non-profit organization Dylan’s House is hosting its second annual Sunday Funday Fundraiser.
Direct-to-consumer snacks and instant foods maker Adukale has secured Rs 11 crore in a funding round led by venture fund Force Ventures. The funds will primarily be used for expansion of the company’s offline presence, its chief growth officer, Vinay Gopinath, told ET.Adukale, founded in 2009, sells a variety of snacks and instant food ingredients for dishes like dosa, idli and poha. With the latest funding round, the firm has raised more than Rs 16 crore.Chief executive Bharat Kaushik said the...
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Home improvement firm Arrivae has raised Rs 21 crore from CaratLane founder Mithun Sacheti in an equity round.The firm, founded in 2018 by Yash Kela, will use the funds to go deeper into existing markets and strengthen its supply chain, its business head Raghav Bubna told ET. Arrivae is present in Mumbai, Hyderabad, Gurugram and Bengaluru, and runs 11 stores in these cities.“We want to expand further in these geographical micro-markets, with some measured expansion into new markets also...