Sources: Cursor-maker Anysphere is considering investment offers at a ~$30B valuation; Cursor generates $500M in ARR as of June, the third highest for an AI app
Natasha Mascarenhas / The Information : X: @nmasc_ X: Natasha Mascarenhas / @nmasc_ : Scoop: Cursor has been approached with investment offers at a $30 billion valuation & is considering a new fundra...
Sources: Elad Gil is raising a fund of ~$1.5B that could grow to $2B based on investor interest, making it one of the largest fundraising hauls for a solo GP
Natasha Mascarenhas / The Information : X: @nmasc_ X: Natasha Mascarenhas / @nmasc_ : Scoop: Elad Gil is raising a $1.5 billion fund, which if closed would be one of the largest hauls for a solo GP. ...
Sources: Katie Haun is raising $1B across two new crypto-focused funds as her Haun Ventures is close to deploying most of the $1.5B raised in 2022
Report Elena R / Coinpedia Fintech News : Katie Haun Raises $1 Billion for New Crypto Funds Daniel Kuhn / The Block : Haun Ventures seeks $1 billion to fund crypto startups: report X: Jeff Roberts / @...
Virtual physical therapy service Hinge Health files for a US IPO, and reports revenue of $390M in 2024, up from $293M in 2023, and a net loss of $11.9M
The following tables set forth our summary consolidated financial data. Ashley Capoot / CNBC : Digital physical therapy provider Hinge Health files for IPO Naomi Li Gan / Tech in Asia : Digital therap...
Sources: Cursor maker Anysphere is in talks to raise hundreds of millions at a $10B valuation, up from $2.5B in January, and crossed $100M in ARR in 12 months
Cool AI startups in 2025: we will raise hundreds of millions of dollars [embedded post] X: Trace Cohen / @trace_cohen : $10B val doing $150M prob!? But like in 2yrs which is crazy but what... At this ...
Filing: KoBold Metals, which uses ML to help it sift through datasets to identify large deposits of various metals, has raised $491M of a targeted $527M round
Earlier this year, Kobold Metals found what might be one of the largest high-grade copper deposits of all time … X: @mattrosoff X: Matt Rosoff / @mattrosoff : Humongous round for a startup that uses A...
Source: AI chipmaker Cerebras confidentially filed for a US IPO; filing: in early June, it authorized new shares at a steep discount to its 2021 funding round
chip developer Cerebras has filed confidentially to go public. There's more to the story, though, as the company also authorized shares at a much lower price to its last round. https://www.theinformat...
Sources: Gopuff, one of the last fast-delivery startups in the US after Getir's exit, burned ~$400M in 2023 and wants to start generating cash by early 2025
The Information : LinkedIn: Theo Wayt LinkedIn: Theo Wayt : Scoop 🥑 💸 🛵 : Gopuff is the last speedy-delivery startup left standing after Getir just pulled out of the US. …
Flexport raised $260M from Shopify, one of its biggest shareholders; Shopify sold its money-losing logistics unit to Flexport in exchange for equity in May 2023
Report Threads: Ran Reichman / @ranreichman : I don't understand this on two accounts: 1. Flexport CEO said they have a fortress balance sheet quite recently. 2. Why does Shopify need this? X: Austi...
Flexport raised $260M from Shopify, one of its biggest shareholders; Shopify sold its money-losing logistics unit to Flexport in exchange for equity in May 2023
Report FreightWaves : Flexport raises $260M from Shopify Threads: Ran Reichman / @ranreichman : I don't understand this on two accounts: 1. Flexport CEO said they have a fortress balance sheet quite ...