SaaS (software-as-a-service) startup Plotline has raised $2.6 million (Rs 20.9 crore) in a seed funding round from venture capital firm Elevation Capital. The company plans to use the capital to expand overseas. Based in San Francisco and Bengaluru, Plotline serves industry majors in the likes of Dream11, Khatabook, BharatPe, CoinDCX, Niyo, Step, and Kredivo. Strategically deploying its USD 2.6 million seed round to bolster key functions across R&D (research and development), marketing, and...
Mario Barrios vs. Fabian Maidana for the WBC interim welterweight title will serve as the co-main event for the undisputed super middleweight title fight between Canelo Alvarez and Jaime Munguia later this evening at the T-Mobile Arena in Las Vegas.Barrios (28-2) is a former WBA super lightweight champion, having held the title from 2019 to 2020.While his pugilistic career took a massive hit with back-to-back losses against Gervonta Davis and Keith Thurman in 2021 and 2022 respectively, he has...
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in […] © 2024 TechCrunch. All rights reserved. For personal use only.
AI computing firm Blaize said on Monday it has raised $106 million in funding, including from existing investors such as Mercedes-Benz and Temasek. Other existing investors such as Bess Ventures, Franklin Templeton and Denso, besides new investors such as Rizvi Traverse, Ava Investors and BurTech LP also participated in the fundraising, the company said in a statement, without disclosing the details on its valuation. The fundraise reflects the frenzy that had helped the AI sector attract a major...
New unicorn sightings among early-to-mid-stage startups have become rare as the ‘leap of faith capital’ is missing even as there is a flurry of activity in late-stage companies, several venture investors and startup founders told ET.Early-stage deals are happening across sectors but some of the largest investors are still mainly backing established startups through new funding or secondary deals ahead of potential IPOs, they said.“The big investors like SoftBank and Tiger Global are the ones who...
LetsTransport, the truck aggregator startup, has raised $22 million in a funding round led by Bertelsmann India Investments.The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital and others. The funds will be used for expanding market presence, scale adjacent business verticals and achieve profitability. Significant investments will be made in products for both enterprises and truckers, as well as expanding geographically to different...
Happy Thursday! SaaS startup Innovaccer is in discussions to raise funding at a flat valuation of $3 billion. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Companies help employees amid the heatwave■ Former BharatPe COO launches venture fund■ Ecom Express posts spike in FY23 revenueKaiser Permanente may steer $250 million funding in SaaS unicorn Innovaccer 109767663Software-as-a-service (SaaS) startup Innovaccer is in the middle of raising a $200-250 million...
The company will use the funds to bring Facebook’s Move Virtual Machine to Ethereum.
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...
Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Musk’s 10-month-old baby, xAI, is closing in on a whoppin’ $6 billion funding round. The social network X, née Twitter — also part of Elon’s tech […] © 2024 TechCrunch. All rights reserved. For personal use only.
In the 2024 NFL Draft, the New York Jets chose Penn State tackle Olu Fashanu as their first pick after trading down to the 11th spot. Jets Execute Key Trade with Vikings The New York Jets swapped their No. 10 pick for the Minnesota Vikings’ No. 11 spot. This trade was the first major change […]
Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. Web3 game startup GFAL has raised $3.2 million in a seed funding round from investors including Supercell and Mitch Lasky among others. Barcelona-based GFAL has done a soft launch of its mobile