Goldman Sachs

Rimac begins production of its $2.5 million Nevera hypercar EV

The $2.5 million Rimac Nevera all-electric hypercar has begun rolling off the assembly line, launching on the world stage as the fastest production car and an emblem of the Croatian EV maker’s advan

What’s the ‘secret sauce’ behind Croatian EV maker Rimac?

Rimac Group made headlines after raising a Series D round that valued the Croatian startup at $2.2 billion, prompting the question: How has it succeeded where so many other EV makers have struggled?

AlphaSense, an analysis and business intel search engine, finds $225M at a $1.7B valuation

Google showed the way when it came to the world understanding and valuing the importance of a good search engine to unlock all the information you could find on the internet. The next iteration of tha

Electric Last Mile Solutions to file for bankruptcy

Commercial EV maker Electric Last Mile Solutions said Monday that it will file for bankruptcy, the first among a spate of troubled EV manufacturer SPACs to go out of business. Electric Last Mile Solut

Apple enters the BNPL market as regulation, competition intensify

How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

Bud raises $80M more to expand its AI-based open banking platform, used to power lending tools and more

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality &#8

Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs

Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplie

New York-based Digital Asset to help Japan’s financial giant SBI develop ‘smart yen’

SBI Holdings, a Japanese securities and banking giant that launched a crypto-asset fund for retail investors last year, has been actively investing in the infrastructure that will allow it to roll out

Why web3 companies get hacked so often, according to crypto VC Grace Isford

On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the

Coinbase’s lost momentum

Hey everyone, and welcome back to Chain Reaction. In our Chain Reaction podcast this week, Anita and I chatted with Mercedes Bent of Lightspeed Venture Partners on backing blockchain startups and the

Goldman Sachs co-leads $70M investment in Elwood Technologies

Despite continued volatility in the crypto markets, there still are plenty of funding rounds being announced by traditional finance players betting on companies experimenting with crypto. Elwood Techn

SkySpecs watches wind turbines from above, lands $80M led by Goldman Sachs

As wind energy gains ground in the U.S., SkySpecs is using drones and AI to detect future equipment failures before they grind those giant turbine blades to a halt. The company, which works with wind

European micromobility startup Reby acquired by PE player House of Lithium for $100M

Founded in 2018, European micromobility startup Reby took an interesting path. It deployed e-scooters in the city of Zaragoza (Spain), during the COVID-19 pandemic, but also created a SaaS-oriented &#

BlocPower wants to evict fossil fuels one building at a time

BlocPower founder Donnel Baird grew up in the Bedford-Stuyvesant neighborhood of Brooklyn in the 1980s. The area was so poor that buildings often lacked decent heating systems. People would turn on th

Ondo’s decentralized investment bank matches crypto companies with capital providers

The crypto-based decentralized finance ecosystem has, despite bouts of volatility, been ballooning in terms of assets since last year’s “DeFi summer.” DeFi is quickly maturing, which

Daily Crunch: Tata Group releases ‘super app’ that bundles 11 consumer services

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Goldman Sachs joins other investors in $88M round for web3 and blockchain security firm CertiK

Austin’s Will Hurley on the city’s incredible tech rise

In Austin’s tech world, there’s an entrepreneur everyone knows by one name: Whurley.

Data.World raises $50M to help enterprises organize and track their data

For all the talk about the criticality of data for businesses, enterprise data is commonly siloed, unreconciled and spread across disparate systems, making it challenging to use and analyze. According

Coro secures $60M at ~$500M valuation for an all-in, SaaS-based cyber protection platform aimed at SMBs

Enterprises typically dedicate significant money and talent towards protecting themselves from security breaches. That leaves a wide opportunity for cybersecurity specialists to build tools aimed at s
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