Menlo Ventures is leading Anthropic's $750M funding round using a special purpose vehicle (SPV).
confirmed 1 article 2024-01-12
Menlo Ventures Anthropic special purpose vehicle
How Menlo Ventures is using a special purpose vehicle to lead Anthropic's unusual $750M fundraise, helping, in part, to price bets by Amazon and Google
Forbes · 2024-01-12 · #23
Reporting indicates Discord has more than $700 million in cash on its balance sheet.
confirmed 1 article 2024-01-12
Discord >$700 million
Internal memo: Discord CEO Jason Citron says the company is laying off 17% of its staff, or 170 people, after growing its workforce “by 5x since 2020”
The Verge · 2024-01-12 · #31
1X is backed by OpenAI.
confirmed 1 article 2024-01-12
1X OpenAI
1X, an OpenAI-backed developer of humanoid robots with plans to bring its bipedal robot NEO to the market, raised a $100M Series B from EQT Ventures and others
VentureBeat · 2024-01-12 · #30
Microsoft briefly unseated Apple as the world's most valuable publicly traded company in early trading on Thursday, but by the close Microsoft was again below Apple.
confirmed 1 article 2024-01-12
Microsoft Apple Apple
Microsoft briefly unseated Apple as the world's most valuable publicly traded company in early trading on Thursday but closed out the day under Apple
CNBC · 2024-01-12 · #12
Finn manages about 25,000 car subscriptions across Germany and the United States.
confirmed 1 article 2024-01-11
Finn 25,000 subscriptions Germany United States
Munich-based car subscription startup Finn, which manages 25K subscriptions in Germany and the US, raised a €100M Series C at a €600M post-money valuation
TechCrunch · 2024-01-11 · #31
Munich-based car subscription startup Finn raised a €100M Series C at a €600M post-money valuation.
confirmed 1 article 2024-01-11
Finn €100M Series C €600M post-money valuation
Munich-based car subscription startup Finn, which manages 25K subscriptions in Germany and the US, raised a €100M Series C at a €600M post-money valuation
TechCrunch · 2024-01-11 · #31
OpenAI will pay US builders based on user engagement with their GPTs as part of a GPT builder revenue program.
confirmed 1 article 2024-01-11
OpenAI US builders
OpenAI debuts a GPT Store for paid users to share and find custom chatbots and plans to start sharing revenue in Q1; users have already made 3M+ chatbots so far
Bloomberg · 2024-01-11 · #22
OpenAI announces plans to start sharing revenue with GPT builders in Q1.
confirmed 1 article 2024-01-11
OpenAI
OpenAI debuts a GPT Store for paid users to share and find custom chatbots and plans to start sharing revenue in Q1; users have already made 3M+ chatbots so far
Bloomberg · 2024-01-11 · #22
CryptoSlam reports NFT sales fell 63% year-over-year to $8.7B in 2023.
confirmed 1 article 2024-01-11
CryptoSlam NFT sales $8.7B 2023
PitchBook estimates VC investment in the crypto industry totaled $9.5B in 2023, down 68% YoY; CryptoSlam says NFT sales fell 63% YoY to $8.7B in 2023
Bloomberg · 2024-01-11 · #17
US companies with all-female founding teams raised approximately $3.1 billion in VC funding in 2023, a 39% year-over-year decline.
confirmed 1 article 2024-01-11
US companies with all-female founding teams $3.1B -39% YoY 2023
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY
TechCrunch · 2024-01-11 · #16
PitchBook estimates VC investment in the crypto industry totaled $9.5B in 2023, a 68% year-over-year decline.
confirmed 1 article 2024-01-11
PitchBook crypto industry $9.5B 2023
PitchBook estimates VC investment in the crypto industry totaled $9.5B in 2023, down 68% YoY; CryptoSlam says NFT sales fell 63% YoY to $8.7B in 2023
Bloomberg · 2024-01-11 · #17
Female-founded companies in the U.S. raised $44.4 billion out of $170.59 billion total VC funding in 2023.
confirmed 1 article 2024-01-11
Female-founded US companies $44.4B $170.59B 2023
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY
TechCrunch · 2024-01-11 · #16
PitchBook reports that female-founded US companies raised $44.4B of $170.59B in VC funding in 2023 and that all-female founding teams raised about $3.1B (down 39% YoY).
confirmed 1 article 2024-01-11
PitchBook 2023 US VC funding by female-founded companies
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY
TechCrunch · 2024-01-11 · #16
Ripple Labs reportedly plans to buy back $285 million of shares from early investors and employees at an $11.3 billion valuation, according to sources.
rumored 1 article 2024-01-11
Ripple Labs $285M shares early investors employees $11.3B valuation
Ripple Labs, the creator of the XRP cryptocurrency, plans to buy back $285M in shares from early investors and employees, sources say at an $11.3B valuation
Reuters · 2024-01-11 · #9
Circle Internet Financial confidentially files for a U.S. initial public offering, without disclosing the number of shares for sale or a price range.
confirmed 1 article 2024-01-11
Circle Internet Financial US IPO
USDC stablecoin issuer Circle confidentially files for a US IPO, without saying the number of shares for sale or a price range; Circle was valued at $9B in 2022
Reuters · 2024-01-11 · #7
Rabbit sold 10,000 units of the R1 AI handheld in one day.
confirmed 1 article 2024-01-11
Rabbit R1
After announcing the $199 R1 “Large Action Model” AI handheld at CES, Rabbit sold 10K units in one day; second batch orders are set to ship in April to May 2024
The Verge · 2024-01-11 · #11
Google Cloud eliminates fees charged to customers who leave for rival cloud providers, effective immediately.
confirmed 1 article 2024-01-11
Google Cloud data-transfer fees
Google Cloud's elimination of exit/data-transfer fees may put pressure on Amazon and Microsoft to adopt similar fee waivers.
rumored 1 article 2024-01-11
Google Cloud Amazon Microsoft
London-based Hyperexponential raises $73M in a funding round led by Battery Ventures to support its math modeling tools for insurance pricing.
confirmed 1 article 2024-01-11
Hyperexponential Battery Ventures
London-based Hyperexponential, which offers math modeling tools to insurance companies to help price policies, raised $73M led by Battery Ventures
Reuters · 2024-01-11 · #32
Circle was valued at $9 billion in 2022.
confirmed 1 article 2024-01-11
Circle Internet Financial $9 billion (2022)
USDC stablecoin issuer Circle confidentially files for a US IPO, without saying the number of shares for sale or a price range; Circle was valued at $9B in 2022
Reuters · 2024-01-11 · #7
Americas chip sales rose 3.5% year-over-year in November 2023, according to the SIA.
confirmed 1 article 2024-01-10
Americas chip market chip sales
SIA: global chip revenue rose 5.3% YoY to $48B in November 2023, the first YoY growth since August 2022; China sales rose 7.6% YoY and Americas rose 3.5% YoY
Bloomberg · 2024-01-10 · #21
The GOP is withholding funding for the Affordable Connectivity Program, a move linked to the FCC's plan to shut it down.
confirmed 1 article 2024-01-10
GOP Affordable Connectivity Program
The FCC plans to shut down the two-year-old Affordable Connectivity Program, which currently has 23M enrolled households, as the GOP withholds funding
Ars Technica · 2024-01-10 · #48
Quora plans to pay bot creators through its creator monetization program.
confirmed 1 article 2024-01-10
Quora bot creators creator monetization program
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Quora plans to accelerate the growth of Poe.
confirmed 1 article 2024-01-10
Quora Poe
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Andreessen Horowitz invested $75M in Quora.
confirmed 1 article 2024-01-10
Andreessen Horowitz Quora
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Quora raised $75M from Andreessen Horowitz in a funding round.
confirmed 1 article 2024-01-10
Quora Andreessen Horowitz
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Be Group raised approximately $30 million from VPBank.
confirmed 1 article 2024-01-10
Be Group VPBank
Vietnam-based Be Group, which provides ride-hailing, delivery, and digital financial services, raised ~$30M from VPBank, in a bid to take on Grab and GoTo
Bloomberg · 2024-01-10 · #42
PingSafe had previously raised approximately $3.3M from Peak XV and other investors.
confirmed 1 article 2024-01-10
PingSafe Peak XV other investors
SentinelOne acquires Bengaluru-based cloud security provider PingSafe, sources say at a $100M+ valuation; PingSafe had raised ~$3.3M from Peak XV and others
TechCrunch · 2024-01-10 · #41
Bengaluru-based Impact Analytics raises $40M in a funding round led by Sageview Capital.
confirmed 1 article 2024-01-10
Impact Analytics Sageview Capital
Bengaluru-based Impact Analytics, which offers retail, grocery, CPG, and supply chain planning and merchandising software, raised $40M led by Sageview Capital
The Economic Times · 2024-01-10 · #40
Tampa-based Rewst raised a $31M Series B funding round led by Meritech Capital.
confirmed 1 article 2024-01-10
Rewst Meritech Capital
Tampa-based Rewst, which provides robotic process automation services to managed service providers, raised a $31M Series B led by Meritech Capital
Tampa Bay Business Journal · 2024-01-10 · #39