San Francisco Compute, which provides a marketplace for AI computing capacity, raised a $40M Series A led by DCVC and Wing Venture Capital at a $300M valuation
Yuliya Chernova / Wall Street Journal :
Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year
Yuliya Chernova / Wall Street Journal :
Lina Khan cites Figma IPO as vindication of M&A scrutiny, saying letting startups grow independently, rather than be acquired, can generate “enormous value”
not because state harassment helped! [image] LinkedIn: Yuliya Chernova : “Figma isn't just any VC-backed tech IPO. It is a behemoth. There's a very small list of VC-backed companies valued in the ra...
Tel Aviv-based Wonderful, which develops customer support AI agents for businesses in non-English speaking countries, raised a $34M seed led by Index Ventures
Yuliya Chernova / Wall Street Journal :
Sources: Meta offers to buy up to 49% of Nat Friedman and Daniel Gross' VC firm NFDG, which has invested about half of its first fund of ~$1.1B, raised in 2023
Yuliya Chernova / Wall Street Journal :
OpenRouter, which directs prompts to LLMs based on factors like cost and speed, raised $40M across a seed and Series A; source: the startup is valued at ~$500M
The startup, now valued at about $500 million, directs artificial-intelligence prompts to various large language models based on cost, speed and other factors LinkedIn: Chris Clark LinkedIn: Chris Cla...
Dealogic: the IPO market in 2022 is the lowest since 2009; companies have raised $5.1B in IPOs this year so far, compared to $100B+ at the same time last year
Corrie Driebusch / Wall Street Journal : Tweets: @ychernova , @jsadinolfi , @saraheneedleman , and @lisaabramowicz1 Tweets: Yuliya Chernova / @ychernova : “I don't think a lot of companies that are p...
NY-based Button, which links apps to other apps for smoother mobile shopping, raises $30M Series C led by Icon Ventures; source: deal values company at $200M+
Yuliya Chernova / Wall Street Journal : Tweets: @chrismaddern , @ychernova , and @mdudas Tweets: Chris Maddern / @chrismaddern : Excited to share that we've raised an additional $30 million to keep b...
Source: Sequoia Capital is seeking to raise $12B+ across seven funds, including $8B for its global growth fund, $2.5B for China, and $675M for Southeast Asia
More than $12 billion in capital is sought across seven new funds — One of Silicon Valley's best-known venture-capital firms … Tweets: @shiraovide and @ychernova Tweets: Shira Ovide / @shiraovide : ...
Gym membership startup ClassPass raises $70M Series C led by Temasek, at what the CEO says is a $470M post-money valuation
Yuliya Chernova / Wall Street Journal : Tweets: @stevekovach Tweets: Steve Kovach / @stevekovach : This is a quote from the ClassPass CEO https://www.wsj.com/... pic.twitter.com/CMj4UFgEuj