Atomico: European startups are on track to raise $45B in 2024, down from $47B in 2023, with only $3B in IPO value and $10B in M&A through mid-November
but the sector is finally stabilizing Suhasini Srinivasaragavan / Silicon Republic : Despite a drop in VC funding, Europe on track for growth Yazhou Sun / Bloomberg : Funding for Europe's AI Startups ...
Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, up from $288M in Q4 2023; SNAP drops 30%+
mean audio/video clips, I'm assuming. Does gen Z want that? idk. X: Dare Obasanjo / @carnage4life : $SNAP drops -30% after meeting expectations on revenue ($1.36B vs $1.38B) but forecasting lower tha...
Restaurant365, which sells restaurant management software, raised $135M led by KKR and L Catterton at a $1B+ valuation, bringing its total funding to $288M
https://techcrunch.com/... Kevin Beach : Great way to start the National Restaurant Association conference... This ramen photo makes me hungry! — https://techcrunch.com/... Tweets: Ingrid / @ingrid...
LA-based Believer, a studio founded by ex-Riot executives that plans to build open world games using generative AI, raised a $55M Series A led by Lightspeed
There is a moment of wonder in every great game that makes you sit back … FinSMEs : The Believer Company Raises $55M in Series A Funding Tim Baysinger / Axios : Gaming studio Believer Entertainment ra...
London-based YuLife, which helps 500+ businesses offer staff gamified life insurance, raised a $120M Series C at an $800M valuation, up from $346M in July 2021
YuLife's clients are companies that want to provide insurance … Brendon Petersen / Ventureburn : YuLife raises $120M in Series C funding round Oliver Smith / AltFi : Insurtech YuLife raises $120m Seri...
UK-based neobank Zopa, which offers P2P lending, savings, credit cards, and other services, raises $300M led by Vision Fund 2 at a $1B post-money valuation
Ingrid Lunden / TechCrunch : Tweets: @ingridlunden Tweets: Ingrid / @ingridlunden : The neobank rounds keep rolling in - this one is a little different from some, in that it's built its tech itself r...
Berlin-based Razor Group, which buys and scales Amazon marketplace sellers, raises $25M equity and $375M debt, bringing its total raised in equity to ~$40M
Ingrid Lunden / TechCrunch : Tweets: @ingridlunden Tweets: Ingrid / @ingridlunden : This startup... is only 8 months old. Ambitious founders w/ a sense of perspective (believe it or not) and an inter...
Headway, which helps connect therapists with people and acceptable insurance coverage in the US, raises $70M Series B led by a16z at a $750M valuation
While we've long known that access to mental healthcare pales … Tweets: Ingrid / @ingridlunden : Great effort to build something useful and timely out of a kind of annoying state of healthcare affairs...
GoHenry, which offers a pre-paid card and finance app for 6-18 year olds, raises $40M led by Edison Partners
Young people have long been a prime, if especially careful, target for financial services companies: find the right and responsible way to connect with them, and you could have a good customer for man...
Twitter Q4: revenue of $1.01B, up 11% YoY, net income of $119M, down from $255M in Q4 2018, monetizable DAU of 152M compared to 126M a year ago
so what does this mean for the company? “It gives us an opportunity to demonstrate how decentralization works,” CFO Ned Segal says about the move. https://www.cnbc.com/... https://twitter.com/... Stev...