ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources […]
ScaleOps looks to cut cloud bills by automating Kubernetes configurations
One of the advantages of using Kubernetes to handle container orchestration is that the containers are ephemeral, living only as long as needed and then going away. That was […]
Seed-stage startups — and their investors — react to higher hurdles for Series A funding
Lightspeed Venture Partners is formalizing its scale-up efforts, as other outfits make similar moves Connie Loizos @Cookie / 8 hours The hurdle for Series A funding is a […]
India’s Udaan scores $340 million in new funding
The investment arm of the UK retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing […]
Andalusia Labs raises $48M Series A to improve digital asset risk infrastructure
Digital asset risk infrastructure-focused Andalusia Labs, formerly known as RiskHarbor, has raised $48 million in a Series A round at a valuation “north of $1 billion,” the company […]
Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — […]
India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3 to […]
Fintechs go shopping | TechCrunch
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your […]
Together lands $102.5M investment to grow its cloud for training generative AI
Generative AI companies continue to raise huge amounts of capital to fuel their commercial — and, in some cases, open source — ambitions. See Together, a startup creating […]
Webull leaps into Mexico with acquisition of stock trading app Flink
Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Financial terms of the deal were not disclosed. Although […]