Klaviyo closes up 9.2% in its New York Stock Exchange debut, valuing the Shopify-backed e-commerce marketing company at $9.9B on a fully diluted basis
but Important—IPO — We tend to lionize founders who start companies with the splashiest … Fortune : A day after a blockbuster debut, Instacart's shares go in reverse and briefly sink below their IPO...
Sources: EvolutionaryScale, founded by members of Meta's recently axed protein-folding team to build LLMs for biology, raised a $40M+ seed at a $200M valuation
Forbes : X: @_iainmartin and @kenrickcai X: Iain Martin / @_iainmartin : Meta shuttered it's AI project focused on protein-folding in April. Now that team have raised $40m to build new biological LLM...
Sources: EvolutionaryScale, founded by members of Meta's recently axed protein-folding team to build LLMs for biology, raised a $40M+ seed at a $200M valuation
Forbes : X: @_iainmartin and @kenrickcai X: Iain Martin / @_iainmartin : Meta shuttered it's AI project focused on protein-folding in April. Now that team have raised $40m to build new biological LLM...
Deel, which offers HR software for hiring a remote global workforce, says it hit $295M ARR this month and confirms it raised $50M in Q2 2022 at a $12B valuation
Kenrick Cai / Forbes :
Sources: low-code app development tool startup OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than February 2021's $9.5B valuation
Kenrick Cai / Forbes :
Sources: Stability AI, the startup behind Stable Diffusion, is in talks to raise $100M; Coatue proposed a $500M valuation and Lightspeed offered a $1B valuation
With the image generator Stable Diffusion, you can conjure within seconds a potrait of Beyoncé as if painted by Vincent van Gogh … Tweets: @kenrickcai , @spencerdailey , @vatsofgoop , @schwabkatharine...
Kumo, whose AI platform uses graph neural networks to help companies predict better, raises a $18.5M Series A led by Sequoia Capital at a $100M valuation
Kenrick Cai / Forbes :
Ironclad, which helps companies create and manage business contracts, raises a $150M Series E entirely from existing investors at a $3.2B valuation
Kenrick Cai / Forbes :
Labelbox, which develops data annotation and labeling software, raises $110M Series D led by SoftBank's Vision Fund II, says it is now “basically a unicorn”
With funding for data startups in a frenzy, data annotation company Labelbox found itself fielding offers … Tweets: @glenrdixon , @kenrickcai , and @firstround Tweets: Glen Dixon / @glenrdixon : True ...
HashiCorp closes up 6.49% in its Nasdaq debut, after raising $1.2B in its IPO at a $14B valuation
Today is an incredibly exciting day for HashiCorp: we have officially entered the public markets. Cromwell Schubarth / Silicon Valley Business Journal : Hashicorp founders, investors win $1B-plus stak...