Categories Funding

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SoftBank Vision Fund 2 leads $140M funding in Vishal Sikka’s Vianai

Vianai Systems, an AI startup founded by Vishal Sikka, former chief executive of Indian IT services giant Infosys, said on Wednesday it has raised $140 million in a round led by SoftBank Vision Fund 2. The two-year-old startup said a number of industry luminaries also participated in the new round, […]

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Solar concentration startup Heliogen basks in $108M of new funding

Sunlight is a great source of energy, but it rarely gets hot enough to fry an egg, let alone melt steel. Heliogen aims to change that with its high-tech concentrated solar technique, and has raised more than a hundred million dollars to test its 1,000-degree solar furnace to a few […]

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Elisity raises $26M Series A to scale its AI cybersecurity platform

Elisity, a self-styled innovator that provides behavior-based enterprise cybersecurity, has raised $26 million in Series A funding. The funding round was co-led by Two Bear Capital and AllegisCyber Capital, the latter of which has invested in a number of cybersecurity startups, including Panaseer, with previous seed investor Atlantic Bridge also […]

Yana’s mental health tool for Spanish speakers nears 5 million users

Andrea Campos has struggled with depression since she was eight years old. Over the years, she’s tried all sorts of therapies — from behavioral to pharmacotherapy. In 2017, when Campos was in her early 20s, she learned to program and created a system to help manage her mental health. It […]

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UBS investment makes Byju’s the most valuable startup in India

Edtech giant Byju’s has become the most valuable startup in India after raising about $350 million in a new tranche of investment from UBS Group and Zoom founder Eric Yuan, Blackstone and others that valued the Bangalore-based firm at $16.5 billion (post-money). In a new filing, Byju’s revealed that scores […]

Temasek and General Atlantic in talks to back Indian neobank Open

Bangalore-based neobank Open is in advanced stages of talks to raise about $100 million, according to two sources familiar with the matter. Temasek, the Singaporean government’s sovereign wealth fund, and General Atlantic are positioning to co-lead the Series C financing round, which values the Indian startup at pre-money $600 million, […]

What SOSV’s Climate Tech 100 tells founders about investors in the space

Benjamin Joffe Contributor Share on Twitter Benjamin Joffe is a partner at SOSV. More posts by this contributor 10 key lessons about tech mergers and acquisitions from Cisco’s John Chambers What every startup founder should know about exits Meghan Hind Contributor Share on Twitter Meghan Hind is an operations analyst […]

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Atomic-backed Jumpcut uses data to advance diversity in film

Jumpcut founder Kartik Hosanagar is a professor at the Wharton School, but about ten years ago, he spent his summer in an unlikely way: he wrote a screenplay. Set in India, his script garnered some interest from producers, but no one took the plunge to fund a film by a […]

Ganaz raises $7M A round to rethink how agriculture workers get hired and paid

The agriculture sector is ripe for technological improvements, but beyond satellite-based crop management and bees-as-a-service, the actual people who work in the fields should be benefiting as well. Ganaz, empowered by a $7M A round, aims to change how people with little documentation and no bank account get paid and […]

SVB-led $100M investment makes Chipper Cash Africa’s ‘most valuable startup’

Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks, remittances and cross-border transfers, and rightfully so. Each of these services solves unique sets of challenges. For cross-border payments, it’s the outrageous rates and regulatory hassles involved with […]