Browsing: raising
Artificial intelligence mortgage loan startup LoanSnap is facing an avalanche of lawsuits from creditors and has been kicked out of its Southern California headquarters, leaving employees…
Following OpenAI’s announcement of the latest iteration of the GPT large language model, its biggest competitor in genetic AI in the US has announced its own…
Global Founders Capital will use Rocket Internet’s cash instead of raising new capital
By techtost.com
Global Founders Capitalthe Berlin-based VC firm with close ties to German startup factory Rocket Internet is set to become Rocket Internet’s business arm. The VC previously…
After raising $1.3 billion, Inflection was eaten alive by its biggest investor, Microsoft
By techtost.com
In June 2023, Inflection announced that it had raised $1.3 billion to build what it called “more personal artificial intelligence.” The main investor was Microsoft. Today,…
Foundry Group, an 18-year-old venture capital firm with nearly $3.5 billion in assets under management, has quietly decided to close and not raise any more capital.…
Finn raises $109 million at a $658 million valuation, raising another gear for subscription car platform
By techtost.com
Finn, a Munich-based startup that operates a platform for new car subscriptions — an alternative to buying or leasing for those who want to drive new…
Rivian reported on Tuesday produced 17,541 vehicles at its plant in Normal, Illinois, and delivered 13,972 to customers in the fourth quarter, mixed results that left…
David Spreng is an experienced business and growth lender with 30 years of experience, the founder and CEO of Runway Growth Capital, and the author of…
Verve Motiona startup that makes a robotic “outfit” designed to help workers complete physically demanding tasks in factories and other similar environments, announced today that it…
Roman Axelrod Contributor Roman Axelrod is the founder of XPANCEO, a deep technology company developing the next generation of computing through an invisible and weightless smart…