The transaction represents a premium of a whopping 212% over Matterport’s last closing share price before the deal was announced on April 22.
Following its first close with limited partners, including Eutelsat, the early-stage fund will build a global portfolio of 30 startups that will be backed at the seed and Series A stages.
finmid is building an embedded finance product that targets that relationship between marketplaces and sellers, and raised a Series A round to further build out its product and enter new markets.
Brazilian startup Salvy, a mobile carrier for businesses, was the only company based in Latin America in Y Combinator's latest batch, the accelerator confirmed to TechCrunch.
Rubrik, the data management company that filed for IPO this week, has an AI governance committee, per its IPO filing. The detail is worth noting because it could soon be the new normal.
Robovision has raised $42M to industrialize deep learning tools and make them more accessible to businesses that are not tech companies at their core.
AIF still has resources in its first fund to do a "handful" more deals as well as follow-on investments.
While super{set} is backed by external investors, some of its capital comes from founding managing partners Tom Chavez and Vivek Vaidya, who previously co-founded Krux and sold it to Salesforce.
Its long-term goal is to make more efficient semiconductors with a lower carbon footprint, while supporting what its CEO refers to as "the electrification of society," starting with transportation.
In a market that no longer favors growth at all costs, GoStudent's €3 billion valuation and global expansion may belong to the past. However, the Austrian tutoring platform reshaped quickly.
The sum will be split roughly evenly between two funds, Frontline Growth and Frontline Seed. The seed fund will favor European ventures, while the growth fund is focused on American ones.
OTB Ventures' new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments.
Elaia's third deep tech seed fund, DTS3, is double the size of the two previous funds, and signals the momentum that is forming around an emerging concept: European dynamism.
France-based startup Nijta, whose flagship product Voice Harbor anonymizes voices for AI, raised €2 million in funding from various sources, including deep tech VC fund Elaia.
Barcelona-based clean tech startup SolarMente recently added Leonardo DiCaprio to its cap table, hence becoming the actor's and activist's first investment in the country.
While many entrepreneurs are currently facing the harsh reality of a VC funding crunch, Qonto isn’t one of them. The Paris-based business banking startup still has hundreds of millions of cash on ha
Showee's shower is designed for people with disabilities, both physical and intellectual. But Showee has another selling point: Water savings.
Ethiopian startup eQub won the fintech pitching battle at 4YFN 2024, the startup event of Mobile World Congress.
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Leveraging resources such as virtual data rooms and shared labs makes it easier for biotech startups to grow. This is good news: We need more companies attacking cancer from novel angles.
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