Browsing: billion

Wizthe buzzing startup building an all-in-one cloud security platform is on an acquisition spree to rapidly expand its business en route to an IPO. Now, it…

Good news, crypto founders! Venture capital activity is collecting in the sector, rebounding from multi-year lows, investment declined in late 2023. In other words, venture folk…

Rivian lost $1.45 billion in the first quarter, showing that recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The electric…

Wave, a UK-born startup developing a self-learning, non-rule-based system for autonomous driving, closed $1.05 billion in Series C funding led by SoftBank Group. This is the…

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 company BioCatch has a new majority shareholder: A UK-based private equity firm, Permirais acquiring shares in the company “primarily” from existing investors, including…

Welcome to Startups Weekly — HeyThe weekly recap of everything you can’t miss from the world of startups. Sign up here to receive it in your…

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 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…