Tag: billion valuation
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Fintech firm Ramp raises $1.85 billion at $60 billion valuation
Oct 15 : Ramp said on Thursday it had raised $1.85 billion in a primary financing round that valued the financial technology company at $60 billion.The funding round was led by Dragoneer Investment Group and co-led by Thrive Capital, Founders Fund, Sands Capital and Avenir Growth.Founded in 2019, Ramp
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Dating app Bumble in advanced talks to go private at $1 billion valuation, source says
Oct 12 : Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal that values the dating app operator at roughly $1 billion, a source familiar with the matter told Reuters on Monday.Shares of the Austin, Texas-based company, which had a market value of roughly $389 million through last clo
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German robot startup RobCo hits $1 billion valuation, CEO moves to US
AMSTERDAM, Oct 5 : German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that its CEO Roman Holzl had relocated to the United States to focus on the company’s fastest-growing market.The Munich-based firm said the valuation was based on a secondary sale of shares following a $100
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Modal Labs in talks to raise funds at $15 billion valuation, Bloomberg News reports
Sept 23 : AI startup Modal Labs is in discussions to raise new financing at a roughly $15 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter.Modal raised $355 million in May at a valuation of $4.65 billion, Reuters had previously reported.The startup helps A
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AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO
Sept 22 : Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-linked stocks.The Miamisburg, Ohio-based Accelevation and some selling shareholders are aimin
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Data center firm Accelevation targets up to $5.4 billion valuation in US IPO
Sept 22 : Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-related stocks.The Olympus Partners-backed Accelevation and some selling shareholders are aim
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Accelevation targets up to $5.4 billion valuation in US IPO
Sept 22 : AI infrastructure provider Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the company said on Tuesday, joining a wave of firms tapping investor demand for AI-related stocks.The Miamisburg, Ohio-based Accelevation and some selling shareholders are aimi
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Cognition AI raises $2 billion at $48 billion valuation
Sept 8 : AI coding startup Cognition AI said on Tuesday it had raised $2 billion in a Series E funding round at a valuation of $48 billion. Here are some details:• The round was led by new investors Andreessen Horowitz and Accel, alongside existing backers Founders Fund, General Catalyst, and Avenir.
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Socure secures investment at $5.2 billion valuation, buys Fravity
Aug 27 : Identity verification startup Socure said on Thursday it had secured a strategic growth investment, which valued the company at $5.2 billion, and acquired agentic operations platform Fravity.The investment comes as businesses seek advanced tools to counter increasingly sophisticated fraud and automat
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SoftBank in talks to buy stake in 1X at $6 billion valuation, The Information reports
Aug 26 : SoftBank is in talks to buy a majority stake in OpenAI-backed humanoid robot developer 1X Technologies in a deal that would value the startup at about $6 billion, The Information reported on Wednesday, citing people with knowledge of the deal.Reuters could not immediately confirm the report. SoftBan
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