Browsing: billion
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…
The valuation of social networking startup ShareChat has fallen below $2 billion from nearly $5 billion after a new round of funding, a source familiar with…
US to give TSMC $6.6 billion in grants, $5 billion in loans to boost chip manufacturing in Arizona
The US Department of Commerce he said on Monday that it signed an agreement to award Taiwan Semiconductor Manufacturing (TSMC) $6.6 billion in direct funding under…
Lithium-ion batteries have transformed the global economy, powering everything from smartphones and laptops to electric vehicles, e-bikes and more. But while costs have plummeted over the…
Hoping to stave off a ban, TikTok says it generated $14.7 billion for US small businesses last year
As US lawmakers consider a possible ban on TikTok, the ByteDance-owned short-form video app has launched economic impact report on Thursday. In it, the company touts…
Sachin Bansal’s fintech Navi seeks $2 billion valuation in first major external fundraising
Flipkart co-founder Sachin Bansal is in talks to raise capital for his newest Indian fintech startup Navi. Bansal is in talks with investors to raise about…
Sam Bankman-Fried sentenced to 25 years in prison for fraud and money laundering at FTX, ordered to pay $11 billion in forfeiture
Sam Bankman-Fried, co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of…