Silicon Valley-based robotics startup Figure AI is in talks to raise a massive $1.5 billion round at a $39.5 billion valuation, Bloomberg reports. That’s a whopping 15 times higher than Figure’s $2.6 billion post-money valuation for its $675 million Series B last year. Figure’s current round is expected to be led by Align Ventures and […]
Figure AI is in talks to raise $1.5B at 15x its last valuation Read More »
SailPoint’s IPO on Thursday was a disappointment for anyone hoping it would indicate that tech IPOs are hot again. The first day’s trading ended below the $23 initial price. The stock fared a tad better Friday, closing at over $24. But that’s nothing close to the big bang companies and VCs hope for. For instance,
SailPoint’s dull debut did little to loosen the stuck IPO window, expert says Read More »
Elon Musk’s AI company, xAI, is said to be in talks to raise $10 billion in a round that would value xAI at $75 billion. Bloomberg reported Friday that xAI is canvassing existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners for the round, which would bring xAI’s total raised to $22.4 billion,
Elon Musk’s AI company, xAI, said to be in talks to raise $10B Read More »
OpenAI has eliminated a page on its website that used to express its commitment to diversity, equity, and inclusion. The URL “https://openai.com/commitment-to-dei/” now redirects to “https://openai.com/building-dynamic-teams/,” a page that talks about people with “different backgrounds” with no use of the word diversity. The previous page stated that the company’s “investment in diversity, equity and inclusion”
OpenAI scrubs diversity commitment web page from its site Read More »
Is your pre-Series A startup solving big problems with game-changing potential? Do you have the drive to compete against the world’s top early-stage startups? Or know a founder whose vision deserves to be seen? TechCrunch’s Startup Battlefield 200 is where the most innovative early-stage startups battle it out in front of world-renowned VC judges in
Startup Battlefield 200: The competition starts on the waitlist Read More »
“The fintech market is hot again,” said Sheel Mohnot, fintech investor and founder of Better Tomorrow Ventures (BTV). “And we are going to see some more exits in the near future.” According to recent reports, fintech funding is on the rise, with global investment hitting $60 billion in the first half of the year alone,
Sheel Mohnot says the fintech market is ‘hot again’ Read More »
The Army has granted upstart weapons maker Anduril control of one of its highest-profile and long-troubled projects known as the Integrated Visual Augmentation System, founder Palmer Luckey announced in a blog post Tuesday. IVAS was initially awarded to Microsoft in 2018 to develop augmented reality headsets for soldiers based on a ruggedized version of Hololens.
Anduril takes control of Microsoft’s $22B VR military headset program Read More »
Mattoboard, the makers of web-based software designed to simplify the creative process for interior designers and architects, is getting into AI. On Tuesday, the startup announced its $2 million seed funding round, which will support the launch of a new feature called Design Stream, an AI-driven visual search and discovery tool. The company’s software, a
3D mood board and marketplace Mattoboard picks up $2M to launch AI visual search Read More »
Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s valuation from the $1.15 billion price tag (pre-money) it earned in 2021, when it raised
Zeta valued at $2B in new funding Read More »
Cap table management firm Carta made headlines in 2020 when its former marketing VP Emily Kramer filed a lawsuit alleging gender discrimination and retaliation. That case was settled in 2023. But since then, Carta has settled two other lawsuits filed by women who worked at the firm and alleged sexual harassment and discrimination, legal filings
Carta settles two more lawsuits that alleged sexual harassment and discrimination Read More »
