Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at a valuation of between $2.5 billion and $3 billion. The news comes on the heels of two other big fundraises that have seen the company’s valuation leapfrog […] © 2024 TechCrunch. All rights reserved. For personal use only.
The firm’s cumulative ETF assets are down 81% from 2021 highs.
A third major US stoppage in two years would cement fears the TV business, which already faces extinction-level threats, is moving into an era of rolling strikes. The US actors’ strike had been over
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 […]
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Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of shares being sold by existing stockholders, TechCrunch reported Tuesday (April 16), citing unnamed sources. Reached by PYMNTS, Rippling declined to comment on the report. This funding would be the […]
It plans to sell 6.6 million shares of its class A common stock at $88 apiece, exceeding its earlier price range of $76-$84 apiece, Ibotta added. Increased buzz around artificial intelligence and hopes of a rebound in the U.S. IPO market from a two-year slump, buoyed by a possible soft landing for the economy have encouraged more tech companies to test the IPO waters. Ibotta, founded in 2011, provides a platform for brands to deliver promotions to customers and offer cash back rewards on their...
Bay Bridge Ventures' fundraising efforts come at a time when venture investors appear to be increasingly bullish on climate tech. © 2024 TechCrunch. All rights reserved. For personal use only.
Evolution Equity Partners, a growth capital firm based in NYC, has raised $1.1 billion for a new cyber- and AI-focused fund. © 2024 TechCrunch. All rights reserved. For personal use only.
Australian Anti-Scam Centre's report reveals online scams cost Australians $2.3 billion in 2023. Investment scams lead, with the elderly disproportionately affected.
More States Gain Full Approval of BEAD Proposals: $2 Billion in Funding Coming Their Way Initial Proposals, including both Volumes 1 and 2, in the Broadband Equity, Access, and Deployment (BEAD) program from Kansas, Nevada and West Virginia have been approved, according to the National Telecommunications and Information Administration (NTIA). The three states can now Telecompetitor
French tech startup Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. Mistral's existing investors include Andreessen Horowitz, Lightspeed Ventures and Microsoft Corp, which has also backed AI startup OpenAI. Mistral did not immediately respond...