Sources: Saronic, which is building autonomous warships, is raising up to $1.5B at a ~$7.5B pre-money valuation; Saronic was last valued at $3.4B a year ago
Sources: Waymo is in discussions to raise $15B+ led by Alphabet at a ~$100B valuation, up from 45B+ in October 2024, and has a $350M+ annual revenue run rate
Waymo, Alphabet Inc.'s autonomous driving unit, is in discussions to raise more than $15 billion at a valuation near $100 billion …
Sources: Databricks is in talks to raise funds at a $130B+ valuation, up about 30% from September when it raised a $1B Series K at a $100B valuation
Databricks, a database provider whose tools help customers develop and use AI, is in talks to raise money at a valuation of more than $130 billion …
Sources: Sequoia stands to gain ~$2.65B from Klarna's IPO, a six-fold return on its ~$500M total investment, and is selling ~2% of its stake in the IPO
Katie Roof / The Information :
Source: AI contractor marketplace Mercor has received investment offers valuing it as high as $10B, just six months after raising $100M at a $2B valuation
Katie Roof / The Information :
CB Insights: OpenAI's acquisition of Jony Ive's io for $6.5B sets a new record for venture-backed acquisition by a private buyer
Katie Roof / Bloomberg : X: @katie_roof . LinkedIn: Katie Roof X: Katie Roof / @katie_roof : We're seeing record billion-dollar startup sales to private strategics with 7 in the p...
Sources: OpenAI reaches an agreement to acquire Windsurf, an AI coding tool formerly known as Codeium, for ~$3B; Windsurf was valued at $1.25B in August 2024
OpenAI has agreed to buy Windsurf, an artificial intelligence-assisted coding tool formerly known as Codeium, for about $3 billion …
Sources: eToro is considering launching its US IPO as soon as next week, after pausing its plans in April amid tariff-related stock volatility
Bloomberg :
Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values …
Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values …
23andMe files for bankruptcy to “maximize the value of its business”, and co-founder and CEO Anne Wojcicki steps down; 23andMe was valued at $3.5B in June 2021
Most corporations are not going to look out for your privacy. And we now have a federal government intent on using your data for bad purposes. Frank Figliuzzi / @frankfigliuzzi : ...
StubHub files for an IPO, with plans to list on the NYSE, and reports a $2.8M loss on $1.77B in revenue in 2024, vs. a $405M profit on $1.37B in revenue in 2023
Secondary Ticketing Sales Up 29% in 2024 Bill Peters / MarketWatch : Referenced Symbols — Ticket-resale platform StubHub on Friday said it had filed … Los Angeles Times : Ticket ...
A profile of StubHub CEO Eric Baker, who, according to the company's S-1, holds 5.2% of Class A shares but controls over 90% of the votes through Class B shares
This time it isn't concert tickets Eric Baker is selling. It's shares of StubHub Holdings Inc., the company he co-founded and has owned on and off for a quarter century.
Alphabet acquires NYC-based cybersecurity startup Wiz for $32B cash, its largest acquisition yet, pending approval; antitrust fears stalled a $23B deal in 2024
The acquisition is Alphabet's biggest yet, after a $23 billion takeover attempt stalled last year.
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 A...
Sources: X is in talks to raise funds at a $44B valuation, matching the price Elon Musk paid for Twitter in 2022, as his proximity to Trump alters X's prospects
- Valuation is the same as Musk's 2022 Twitter acquisition — Billionaire has recently tapped private markets for big sums
Former OpenAI CTO Mira Murati unveils AI startup Thinking Machines Lab, which she's leading as CEO, with Barret Zoph as CTO and John Schulman as chief scientist
- “Instead of focusing solely on making fully autonomous AI systems, we are excited to build multimodal systems that work …
Car rental app Turo, which uses a risk algorithm to screen drivers, was used to book trucks in both fatal New Year's Day incidents in Las Vegas and New Orleans
Bloomberg :
Argentina-based Ualá, which offers financial services to 8M users, raised a $300M Series E led by Allianz X at a $2.75B valuation, up from $2.45B in August 2021
- Allianz, Soros, others put $300 million into fintech company — Country's largest startup eyes expansion, eventual IPO
Sources: VC firms are set to make hundreds of millions from Stripe's $1.1B Bridge acquisition; Sequoia's nearly 16% stake is worth significantly more than $100M
Katie Roof / Bloomberg :