Fundraising

VC fund performance is down sharply — but it may have already hit its lowest point

Fundraising /

Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent data from the San Francisco Employees’ Retirement System (SFERS) give us something to chew on. SFERS’s venture portfolio recorded a -.9% internal rate of return […]

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AI chip startup DEEPX secures $80M Series C at a $529M valuation 

Fundraising /

DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices. The company announced this week that it has raised $80 million (KRW 108.5 billion) in a Series C round at a valuation of $529 million (KRW 723 billion), which has surged

AI chip startup DEEPX secures $80M Series C at a $529M valuation  Read More »

Checkfirst raises $1.5M pre-seed to apply AI to remote inspections and audits

Fundraising /

We’ve all seen them. The inspector with a clipboard, walking around a building, ticking off the last time the fire extinguishers were checked, or if all the lights are working. They work in the TICC (Testing, Inspection, Certification and Compliance) space, and they literally tick boxes. And while the job may seem simple enough to

Checkfirst raises $1.5M pre-seed to apply AI to remote inspections and audits Read More »

Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions

Fundraising /

Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a major round of funding of $1 billion to help on that march. The Series E — co-led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive

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Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions

Fundraising /

Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a major round of funding of $1 billion to help on that march. The Series E — co-led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive

Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions Read More »

Tiger Global-backed Innovaccer in talks to raise $250M in new funding, sources say

Fundraising /

Innovaccer, a health tech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as much as $250 million in a new financing round, three sources familiar with the matter told TechCrunch. The deliberation for the new funding round is ongoing, and the current talks

Tiger Global-backed Innovaccer in talks to raise $250M in new funding, sources say Read More »

With $175M in new funding, Island is putting the browser at the center of enterprise security

Fundraising /

Island, the enterprise browser company, may be the most valuable startup that you have never heard of. The company, which is putting the browser at the center of security, announced a $175 million Series D investment on Tuesday at a whopping $3 billion valuation. Island has now raised a total of $487 million. That’s a

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‘Wallet-as-a-service’ startup Ansa raises $14 million with female investors leading the way

Fundraising /

Ansa, a startup that helps merchants develop and offer branded virtual wallets, has raised a $14 million Series A round of funding, the company has told TechCrunch exclusively. Renegade Partners led Ansa’s latest financing, which included participation from existing backers Bain Capital Ventures, BoxGroup and Wischoff Ventures and new investor B37 Ventures. With this latest

‘Wallet-as-a-service’ startup Ansa raises $14 million with female investors leading the way Read More »