Fundraising

Miist, founded by a 25-year-old, wants people to vape their way out of smoking addiction and migraines

As a university student, Dalton Signor was troubled by how many people around him smoked or vaped, including his grandmother and 14-year-old sister. Signor (pictured center) felt that existing smoking cessation medicines, whether patches, gums, or lozenges, are not very effective because they take too long to start working. “They take about 30 minutes to […]

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Deel unloads $300M in secondary sale, brings General Catalyst on as an investor

Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General

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Archive raises $30M to solve fashion’s pollution problem with online resales

The fashion industry has concerned Emily Gittins since adolescence.  The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste.  Yet people still want more, fast.  “The way we consume

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Tana snaps up $25M, with its AI-powered knowledge graph for work racking up a 160k+ waitlist

An app that helps people and teams in the working world simplify their to-do lists — ideally by organising and doing some of the work for them — has remained one of the unsolved goals in business technology. Leaning into AI, on top of battle scars from once building Google Wave, a startup called Tana

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In another challenging year for startups, higher valuations and revenue give reason for hope

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. The aftermath of DeepSeek’s launch was arguably the biggest tech story of the week, especially for anyone keeping a close eye on public markets. But private companies,

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ElevenLabs, the hot AI audio startup, confirms $180M in Series C funding at a $3.3B valuation

ElevenLabs, one of the more popular startups working in the field AI audio, said Thursday that it has raised a Series C round of $180 million, valuing the company at $3.3 billion post-money. a16z and ICONIQ Growth are co-leading investment. Rumors of the fundraise were first reported by TechCrunch. The final numbers confirm some but

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European embedded banking startup Swan adds another $44 million to its Series B

French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B round that was originally announced in September 2024. Swan helps other companies offer financial products at scale. The company can generate both virtual and physical cards that

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Clutch grabs $20M to build out its non-human security ID platform

When it comes to the world of cybersecurity, identity is often thought of as a “perimeter” around an organization. So many breaches begin through techniques like password theft, phishing, and credential stuffing; ergo, securing the identities of not only users, but also applications and machines, is the key to securing the whole system.  Easier said

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