Topic: company founders
-
Bahrain's Fintologya Raises $1M Seed to Boost GCC Fintech Expansion
Fintologya, a Bahraini fintech infrastructure firm, has raised $1 million in seed funding to expand across the Gulf Cooperation Council region. The company, founded in 2024, provides secure, scalable, and regulation-friendly payment platforms to financial institutions. The investment will help br...
Read More » -
Arc Spacecraft: Deliver Cargo Anywhere in 1 Hour
Inversion is developing the Arc spacecraft to create an on-demand delivery system that can transport up to 500 pounds of cargo from orbit to any Earth location in under an hour for the U.S. military. The company's strategy involves pre-positioning multiple Arc vehicles in space for up to five yea...
Read More » -
Replit Reaches $3B Valuation with $150M Annualized Revenue
Replit achieved a $3 billion valuation after raising $250 million, significantly increasing from its previous $1.16 billion valuation in 2023. The company's annualized revenue surged from $2.8 million to $150 million in under a year, driven by its appeal to developers for accessible, collaborativ...
Read More » -
Framer No-Code Builder Hits $2 Billion Valuation Milestone
Framer has reached a $2 billion valuation after raising $100 million in a Series D funding round led by existing investors, highlighting its rapid growth in the no-code website building market. The platform, which has over half a million monthly active users, focuses on enabling teams to create d...
Read More » -
On Me Secures $6M to Revolutionize Gift Cards
On Me, a startup founded by former Google employees, has secured $6 million in seed funding to expand its digital gifting platform, which focuses on experiences and personal passions rather than specific storefronts. The platform addresses environmental waste by replacing traditional plastic gift...
Read More » -
Charles Schwab Invests in Qapita, a Carta Rival in Singapore
Qapita raised $26.5 million in a Series B funding round led by Charles Schwab, aiming to transform equity management and employee stock plans for private companies. The partnership introduces Schwab Private Issuer Equity Services, a platform using Qapita's technology to help U.S. startups manage ...
Read More » -
AI Startup Aaru Hits $1B Valuation in Series A Funding
Aaru, a new AI startup, has secured a major Series A funding round led by Redpoint Ventures, achieving a headline valuation of $1 billion through a multi-tier structure, though its exact size remains confidential. The company's core technology uses thousands of AI agents to simulate human behavio...
Read More » -
Kalshi Hits $11B Valuation With $1B Funding Round
Kalshi raised $1 billion in funding, increasing its valuation to $11 billion, with backing from investors like Sequoia and CapitalG, reflecting rapid growth and investor confidence. The platform and its competitor Polymarket gained user traction by enabling bets on events like the U.S. presidenti...
Read More » -
WisdomAI Raises $50M Led by Kleiner and Nvidia
WisdomAI, founded by former Rubrik co-founder Soham Mazumdar, raised $50 million in Series A funding led by Kleiner Perkins and NVentures, following a $23 million seed round from Coatue. The platform uses AI to analyze structured, unstructured, and "dirty" data, allowing business users to ask que...
Read More » -
Fal AI Soars to $4.5B Valuation with $140M Sequoia-Led Round
Fal, an AI infrastructure company, raised $140 million in Series D funding, tripling its valuation to $4.5 billion, with investment led by Sequoia Capital and participation from firms like Nvidia. The company provides a multimodal AI platform used by major clients like Adobe and Shopify, enabling...
Read More » -
Ousted Luminar CEO Austin Russell Bids to Buy Back Company
Austin Russell, founder of Luminar Technologies, has launched a bid through his new entity Russell AI Labs to acquire all outstanding shares of the company, just months after stepping down as CEO. If the acquisition proceeds, Luminar would remain publicly traded and could merge with a larger auto...
Read More » -
Fal AI Valued at $4 Billion in Latest Funding Round
Fal AI raised $250 million in a funding round valuing the company at $4 billion, with major investors including Kleiner Perkins and Sequoia, following a $125 million Series C round just three months prior. The company's rapid growth is driven by high market demand for multimodal AI capabilities, ...
Read More » -
Deep Cogito Unveils Hybrid AI Models with Advanced Reasoning Capabilities
A new company, Deep Cogito, has emerged from stealth with a family of openly available AI models that can be switched between "reasoning" and non-reasoning modes.
Read More »