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Startup Funding
OpenAI Close to Securing Record $100B+ Valuation in Massive New Funding Round
Leading artificial intelligence firm OpenAI is said to be negotiating a huge new funding injection that would value the company at over $100 billion, according to sources privy to the talks. Should the round close at this astronomical…
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Data Startup Cribl Scores $319M Funding at $3.5B Valuation
San Francisco-based data management startup Cribl has closed a $319 million Series E funding round led by tech giant Alphabet's venture arm GV. This latest capital injection values Cribl at $3.5 billion, reflecting strong growth for the…
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LatAm Startup Mercately Attracts $2.6M Funding with Help from Techstars, Meta Program
Online communication giant WhatsApp has become the top choice for consumers in Latin American countries like Brazil and Chile to connect with brands and make purchases. However, WhatsApp lacks robust e-commerce functionality that businesses…
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Planera Secures $13.5 Million to Disrupt Construction Scheduling & Planning Market
San Jose, CA August 27, 2024 – Planera, a construction CPM scheduling and planning solution, today announced that it has raised $13.5 million in a Series A funding round led by Sierra Ventures, with participation from Sorenson Capital, …
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Software Firm nOps Raises $30M Series A to Help Customers Drive Down AWS Cloud Costs
Cloud management software provider nOps has closed a $30 million Series A funding round to further develop its tools that help customers optimize their AWS cloud spending and drive down costs.
Founded by CEO JT Giri in 2017 as a spin-off…
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Indian startups raise over $265 million in funding led by Bluestone’s $107 million round
The third week of August saw a notable decline in funding for Indian startups, with companies raising around $265 million across 16 deals—a 33% decrease from the previous period. While several sectors witnessed activity, it was e-commerce…
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Kaynes eyes Rs 5,000 crore investment for new chip plant in Gujarat’s industrial hub of Sanand
In a significant step that can boost India's ambitions in the semiconductor sector, electronics manufacturer Kaynes Technology has reportedly acquired land in Gujarat's industrial region of Sanand to set up an outsourced chip assembly and…
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Exactly.AI Raises $4 Million to Democratize AI Art Generation Through Artist-Controlled Models
London based AI startup Exactly.AI has raised $4 million in seed funding to further develop their platform that aims to put creative control of AI generated art back in the hands of artists.
Exactly.AI allows creative professionals like…
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UK AI Startup Wayve Secures Over $1 Billion to Advance Self-Driving Technologies
Britain's Wayve has landed the largest investment to date for a European artificial intelligence company, raising more than $1 billion to develop next-generation autonomous driving systems. The London-based startup will use the fresh…
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French Battery Reconditioning Startup Charges Ahead With €4M Funding Boost
Sustainable energy storage solutions provider VoltR recently announced a €4 million seed funding round to finance its growing battery reconditioning operations. Based in Pays de la Loire, France, VoltR specializes in refurbishing worn…
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