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BLUF (Bottom Line Up Front): This is your weekly list of the latest deals and disrupters, insights and trends to keep you up-to-date on the startup scene.
🔍 Jeff Bezos-backed AI search company Perplexity is reportedly in talks to raise $500M in funding, which would more than double its valuation to $8B. [Forbes]
🤖 Mira Murati, former CTO at OpenAI, is reportedly raising funds from venture capitalists for a new startup that aims to build AI products based on proprietary models. [Reuters]
📚 TollBit, a two-sided marketplace for publishers and AI companies, has raised a $24M series A round led by Lightspeed Venture Partners. While OpenAI, Microsoft, Perplexity and other AI firms are brokering licensing deals with publishers, TollBit believes a marketplace solution is more sustainable and scalable. [Axios]
🚗 Chinese self-driving startup WeRide has filed for a $119.4M IPO on Nasdaq and a private placement of $320.5M. The IPO would be one of the largest U.S. listings by a Chinese firm since Didi‘s in 2021. [Reuters]
🏠 Obligo, which makes the rental process as simple as checking in and out of a hotel, has raised $35M in a new funding round co-led by 83North and True Global Ventures. [Obligo]
🩺 Dyania Health banked $10M in series A funding round led by HealthX Ventures. The female-founded tech company is using AI to automate manual patient chart review, boosting providers’ ability to comb through medical records and speeding up medical research. [Fierce Healthcare]
🧠 Simbe, a leading provider of Store Intelligence solutions, closed a $50M Series C funding round led by Growth Equity at Goldman Sachs Alternatives. [Morning Star]
☁️ AI cloud provider DataCrunch has raised $13M in Seed funding led by by Founders VC. [Data Center Dynamics]
🤳 Passionfroot, which helps creators grow their businesses by providing tools to save time on admin tasks and share ideas, has secured $3.8M in seed funding led by Supernode Global. In addition to the investment, the female-led company has launched Passionfroot 3.0, the world’s first AI-powered B2B creator marketing platform. [Tech Funding News]
📑 Mortgage servicing platform Valon closed a $100M Series C funding round led by WestCap. With 400% year-over-year growth and over $65B in mortgages serviced on its platform, the company has grown to be a top 15 U.S. subservicer in just a few years. [Morning Star]
🔧 BiltOn, a construction operations and risk management software provider, closed a $15M Series B funding round led by PSG Equity. [Yahoo Finance]
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Your weekly list of the latest deals and disrupters, insights and trends to keep you up-to-date on the startup scene.
Your weekly list of the latest deals and disrupters, insights and trends to keep you up-to-date on the startup scene.
Your weekly list of the latest deals and disrupters, insights and trends to keep you up-to-date on the startup scene.
Your weekly list of the latest deals and disrupters, insights and trends to keep you up-to-date on the startup scene.