Browsing: billion
Climate tech startups raised $8.1 billion in the first quarter, a near-record amount of money that suggests the quiet shutdown of 2023 could have been more…
Digital fraud detection startup BioCatch hits $1.3 billion valuation as Permira buys majority stake
Digital fraud detection company BioCatch has a new majority shareholder: A UK-based private equity firm, Permirais acquiring shares in the company “primarily” from existing investors, including…
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Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with…
Darktrace is set to go private in a deal that values the UK-based cyber security giant at around $5 billion. A newly formed entity called Luke…
xAI, Elon Musk’s OpenAI rival, closes with $6 billion in funding, and X, its social network, is already one of its shareholders
xAI, Elon Musk’s 10-month-old competitor to the AI phenomenon OpenAI, is raising $6 billion at an $18 billion pre-money valuation, according to a reliable source close…
AI drug discovery startup Xaira lands a whopping $1 billion, says it’s ‘ready’ to start drug development
Advances in genetic artificial intelligence have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug…
Lacework, last valued at $8.3 billion, is in talks to sell for $150 million to $300 million, sources say
Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup valued at $8.3 billion post-money in its latest…
Ramp raises another $150 million co-led by Khosla and Founders Fund at $7.65 billion valuation
Expense management startup Ramp has raised another $150 million at a $7.65 billion valuation after the funding round, the company confirmed to TechCrunch today. New investor…
HR startup Rippling in talks to raise valuation to $13.4 billion, up from $11.25 billion
The round could be up to $870 million, including a $670 million secondary Last stage HRtech Startup Rippling raises new capital. The company’s new round, which…