Docs: London-based AI chip startup Olix, founded by James Dacombe, CEO of brain monitoring startup CoMind, raised $220M led by Hummingbird at a $1B+ valuation
London-based Olix targets development of AI chips that are faster and cheaper than Nvidia's — A 25-year-old British entrepreneur …
Hong Kong-based WeLab, which runs digital banks WeLab in Hong Kong and Saqu in Indonesia, raised $220M in equity and debt from HSBC, Prudential HK, and others
Hong Kong-based fintech firm WeLab Ltd. has secured $220 million from investors including HSBC Holdings Plc and Prudential Hong Kong Ltd. in its largest round of funding.
Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B+ valuation
Kelsey Warner / Semafor :
American Bitcoin, a bitcoin mining and holding company backed by Eric Trump and Donald Trump Jr. that is a subsidiary of publicly traded Hut 8, raised $220M
Eric Trump (left), Donald Trump Jr. (center), and Mike Ho, executive chairman and board member of American Bitcoin.
Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M
With the sublime @cynthiao.bsky.social and @alexandraheal.bsky.social [embedded post] Mando / @mrmandolino.itch.io : All of this is following the exact same arc that the crypto\NFT bubble did — Like...
Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M
Failed UK start-up revised down revenues to just a quarter of prior estimates — Microsoft-backed Builder.ai collapsed …
Datadog acquires Eppo, which offers feature flagging and app experimentation tools, reportedly for $220M; Eppo had raised $47.5M and was valued at $80M in 2022
Datadog is on an acquisition spree. Just a few weeks after snatching up Metaplane, an AI-powered observability startup …
A Nigerian tribunal upholds a $220M fine imposed on Meta in July 2024 for discriminatory and exploitative practices against Nigerian consumers
Nnaemeka Onyekachi / Nairametrics :
MongoDB buys Voyage AI for $220M and plans to integrate Voyage's retrieval tools for higher-quality AI outputs with real-time operational data for businesses
Maggie Eastland / Bloomberg :
The French AI startup called H, formerly Holistic, says three of its five co-founders are leaving over “operational differences”, after raising $220M in May
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