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Tag: valuation

Robotic Automations

Exclusive: MatX, chip startup founded by Google alums, raised Series A at valuation of $300M+, sources say


MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round.  Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation of […]

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Software Development in Sri Lanka

Robotic Automations

Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation | TechCrunch


Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for one of the B2B startups servicing it. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C of $370 million. The KKR-led round catapults Lighthouse to a valuation of over […]

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Software Development in Sri Lanka

Robotic Automations

Sales tax automation startup Kintsugi doubled its valuation this year | TechCrunch


A 2018 Supreme Court ruling eliminated the requirement that an e-commerce retailer needed a physical location in a state in order for said state to be able to collect sales tax on purchases made by residents. While the decision was a boon for states, it created a headache for e-commerce sellers. Kintsugi is looking to […]

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Software Development in Sri Lanka

Robotic Automations

Riding high on open source ERP, Odoo raises $527M via secondaries lifting its valuation to $5.26B | TechCrunch


Belgium-based Odoo decided to use open-source tools as a way to attack the enterprise resource planning (ERP) software market, going up against giants like SAP. Fast forward a couple of decades and it’s now picking up €500 million in secondary investment — or around $527M at current exchange rates — led by CapitalG (Alphabet’s venture […]

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Software Development in Sri Lanka

Robotic Automations

Generative AI startup Writer raises $200M at a $1.9B valuation | TechCrunch


Writer has raised $200 million at a $1.9 billion valuation to expand its enterprise-focused generative AI platform. The Series C round was co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures. Writer CEO May Habib says the new cash, […]

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Software Development in Sri Lanka

Robotic Automations

Oyo founder seeks new investment at $3.8 billion valuation | TechCrunch


Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium […]

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Software Development in Sri Lanka

Robotic Automations

Tessl raises $125M at at $500M+ valuation to build AI that writes and maintains code | TechCrunch


Many startups and larger tech companies have taken a crack at building artificial intelligence to code software. Now, another new player is coming out of the shadows to throw its hat into the ring, with a mission to fix the many problems that will arise when humans and all those AIs are all writing code […]

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Software Development in Sri Lanka

Robotic Automations

Upwind, an Israeli cloud cybersecurity startup, is raising $100M at a $850-900M valuation, say sources | TechCrunch


Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action. In the latest example, TechCrunch has learned and confirmed that Upwind — a specialist in assessing and securing cloud infrastructure — is closing in on a $100 million round at a […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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