Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years
In fintech, most companies burn cash chasing growth at any cost, but for us? … Carly Lippman : Almost four years in at Mercury and I'm still so proud of what we're building. Loved...
Startup-focused neobank Mercury expands to consumers with Mercury Personal, offering support for multiple users, access to up to $5M in FDIC insurance, and more
YC announces a new standard deal: a $125K investment for 7% of the startup and a further $375K at terms founders can negotiate with future investors
We have a new standard deal at Y Combinator. When a company is accepted into the YC batch program, we now invest a total of $500,000.
YC announces a new standard deal: a $125K investment for 7% of the startup and a further $375K at terms founders can negotiate with future investors
We have a new standard deal at Y Combinator. When a company is accepted into the YC batch program, we now invest a total of $500,000.
Benchling, which provides cloud-based software to manage biotech R&D, raises $200M led by Sequoia Capital Global Equities at $4B valuation, 5x its value in May
epic institutions in life sciences & crypto. https://twitter.com/... Jude Gomila / @judegomila : Well done to @sajithw and co for hitting $4bn valuation for @benchling with a $200 ...
London-based LabGenius, which uses AI and “robotic automation” for protein drug discovery, raises $10M Series A led by Lux Capital and Obvious Ventures
LabGenius, a London-based startup applying AI and “robotic automation” to protein drug discovery, has raised $10 million in Series A funding.