february 2024

Humanoid robot startup Figure raised a $1B+ Series C led by Parkway Venture Capital at a post-money valuation of $39B, up from $2.6B in February 2024

Figure AI Inc., a company developing humanoid robots, has received more than $1 billion in committed capital in a financing round that values …

Milan-based Bending Spoons raised €500M+ in debt led by JPMorgan to acquire more software businesses, after raising $155M at a ~$2.6B valuation in February 2024

Mark Bergen / Bloomberg :

Nvidia hits a $4T market cap in intraday trading, the first company to do so, after passing $3T in June 2024, $2T in February 2024, and $1T in May 2023

Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock …

IT management platform NinjaOne raised $500M led by Iconiq Growth and CapitalG at a $5B valuation, up from $1.9B after its Series C in February 2024

Leo Schwartz / Fortune :

Sources: humanoid robot startup Figure is in talks to raise $1.5B led by Align Ventures and Parkway VC at a $39.5B valuation, up from $2.6B in February 2024

Bloomberg :

Sierra, an AI startup co-founded by OpenAI board chairman and ex-Salesforce co-CEO Bret Taylor, raised $175M, valuing it at $4.5B, up from ~$1B in February 2024

Sources: the hackers behind the February 2024 data breach of drug distributor Cencora received a record $75M ransom via three bitcoin installments in March 2024

Katrina Manson / Bloomberg :

Glean, which uses AI to offer unified search across apps used at a company, raised $260M+ at a $4.6B valuation, after raising $200M+ at $2.2B in February 2024

Glean was founded by former Google engineers in 2019 as a search engine for companies, helping employees access internal data.

Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it's cutting 7% of its workforce, after cutting 5% in February 2024; CSCO jumps 5%+

Cisco shares popped in extended trading on Wednesday after the networking company said it's cutting 7% of its global workforce …

Sources: Chinese generative AI startup Moonshot raised $300M+ at a $3.3B valuation from Tencent, Alibaba, and others, after raising $1B in February 2024

Zheping Huang / Bloomberg :