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Business
AI firm Placer raises $75 million, valuation jumps to $1.5 billion
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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ShareChat Secures Fresh $16Mn Funding Amid Workforce Optimization
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 Secures $9.8M to Advance Farm Supply Chains in India
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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Wiz Walks Away From $23 Billion Acquisition Offer
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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Autonomous Trucking Startup Aurora Innovation Closes $483M Offering to Launch Commercial Services
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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FOSSA Acquires Popular Developer Platform StackShare
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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Self-Driving Truck Startup Aurora Innovation Raises $420M Ahead of Commercial Launch of Autonomous…
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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AI Startup Empowers Businesses Across MENA with $20M Funding
A leading artificial intelligence startup has closed a substantial funding round that will help more businesses across the Middle East and North Africa tap into the transformative power of AI. Intelmatix, which has developed an enterprise…
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Security powerhouse Wiz turns down $23 Billion acquisition offer from Google to focus on 1 Billion…
In a surprising turn of events, leading cloud security provider Wiz rejected a massive $23 Billion acquisition offer from Google last week to remain an independent company. According to sources close to the matter, Google had approached Wiz…
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ElectricPe raises $3 million to expand India’s largest EV charging network
ElectricPe, a leading EV charging network player, has secured $3 million in additional capital from existing investors to fuel its expansion plans. The company helps EV users easily find and pay for charges across India through its…
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