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An innovative electric motor company has raised a significant round of funding as it aims to transform aerospace and marine transportation. H3X announced it has secured $20 million to further develop and commercialize its new line of…
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As any data-driven organization knows, making effective use of data can be a challenge. Even teams with analytics capabilities often struggle to fully leverage their information. According to a recent survey, under half of data leaders say…
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Placer.ai, a company developing artificial intelligence tools to analyze location data, has quietly raised $75 million in a new funding round. This investment comes at an increased valuation of nearly $1.5 billion for the startup,…
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In a bid to boost its growth plans and optimize operations, popular Indian social media platform ShareChat has raised an additional $16 million in debt funding and reorganized aspects of its workforce. According to sources familiar with…
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Agritech platform Agrizy has raised $9.8 million in its Series A funding round led by nonprofit Accion and impact venture capital firm Omnivore. Existing backer Ankur Capital also took part in the round, which will allow the Bengaluru-based…
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In a surprising move, cloud security company Wiz turned down a $23 billion acquisition offer from tech giant Google - one that would have been the largest tech deal in history. According to sources close to the situation, the decision to…
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Self-driving vehicle developer Aurora Innovation has raised $483 million in a share offering, exceeding its original goal of $420 million as it accelerates preparations for commercial rollouts later this year. The substantial capital…
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Leading open source governance solution FOSSA has expanded its offerings with the acquisition of StackShare, a widely used community platform for software developers. With over 1.5 million registered users collaborating across various…
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Aurora Innovation, a leading autonomous driving technology company, is seeking to raise hundreds of millions more in capital as it works towards launching commercial operations with driverless trucks by the end of 2024. The company filed…
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In a move that will significantly bolster its AI capabilities, Canva has announced plans to acquire Australian generative AI startup Leonardo.AI. As one of the leading providers of visual content creation tools, Canva sees this acquisition…
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