Fundraising

Zopa, the UK neobank, snaps up $85M at a $1B+ valuation, eschewing the IPO route

Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is “not a priority.” Zopa, the U.K. neobank […]

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Amp Robotics raises $91M to build more robot-filled waste sorting facilities

Recycling today kind of sucks. People are generally confused about what can be recycled and where. As a result, only about 32% of eligible waste actually gets recycled. It would be a lot easier if people could dump everything into one bin and let the waste management companies deal with it, but that’s proven to

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Heirloom Carbon raises $150M to remove CO2 from the air using rocks

The globe likely breezed past 1.5 degrees C of warming above pre-industrial levels this year, crashing through the 2016 Paris Agreement’s aspirational target. Further warming increases the risk of catastrophic consequences, including more frequent extreme droughts, floods, and fires; stronger hurricanes; faster-spreading infectious diseases; and declining wildlife and fish populations. A host of carbon-capture startups

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Tuskira unifies and optimizes disparate cybersecurity tools

Cyberattacks are on the rise, and the victims are high-profile. According to a KPMG survey, close to half of companies with $1 billion or more in annual revenue recently suffered a security breach. Surprisingly, an overabundance of security tools may be contributing to the problem. In a separate poll, 43% of businesses said their teams

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Data resilience firm Veeam scores $15B valuation in $2B secondary sale

Veeam, which helps its users secure and recover their data, has seen its valuation spike in a recent secondary sale that was aimed at bolstering the company’s cap table before an eventual IPO. The Insight Partners-backed company said on Tuesday it had raised $2 billion in a secondary share sale that valued it at $15

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This ex-Scale AI leader built a platform to automatically extracts insights from customer feedback

In this hyperconnected world we live in, it’s easier than ever to send feedback to the companies we patronize. But just because businesses offer more ways to get in touch doesn’t mean they’re poring over every comment. According to a 2020 survey from Productboard, 90% of companies fail to successfully capture feedback from all channels

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Ex-Microsoft employees get $4M from Accel to build an AI tool for product presentations

Product teams often have tons of screen recordings and screenshots that end up unused. Video production using those screen recordings has been time-consuming and expensive. That’s why two former Microsoft employees started to build Lica, which is an AI tool that easily creates tutorials and product videos out of screenshots and screen recordings. The startup was

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