Topic: company valuation
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Revolut Aims for $65B Valuation After $45B Deal Last Year
Revolut is reportedly seeking a $65 billion valuation in its latest funding round, up from $45 billion last year, aiming to raise $1 billion through new shares and secondary sales. U.S. investment firm Greenoaks is leading the round, following Revolut's strong 2023 performance with 72% revenue gr...
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Defense Startup Mach Industries Secures $100M Led by Khosla, Bedrock
Defense tech startup Mach Industries raised $100M in funding, led by Khosla Ventures and Bedrock Capital, valuing the company at $470M. Founded by 19-year-old Ethan Thornton, Mach has grown rapidly to 140 employees and specializes in advanced weapons systems like drones and gliders. The company i...
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Elon Musk’s xAI Seeks $300M in New Funding Round
Elon Musk's xAI is seeking $300 million in funding at a $113 billion valuation, following its $33 billion acquisition of X (formerly Twitter) last year. The share sale allows employees to sell stakes, potentially leading to a larger funding round with new equity for external investors. The fundra...
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Benchmark invests in Chinese AI startup Manus, valuing it at $500M
Manus AI, a Chinese AI agent tool startup, has raised $75 million in a funding round led by Benchmark, valuing the company at $500 million. The investment will enable Manus to expand its reach into key markets including the U.S., Japan, and the Middle East, following initial success. Following a ...
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Databricks CEO: $1B Funding Fuels New AI Database Market Push
Databricks raised $1 billion at a $100 billion valuation, co-led by Thrive and Insight Partners, to fund development of an AI agent-focused database and an enterprise AI agent platform. The funding round was oversubscribed but capped at $1 billion, as the company's strong financial position allow...
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Applied Intuition Secures $600M to Expand Defense Tech Efforts
Applied Intuition raised $600 million in Series F funding, reaching a $15 billion valuation, driven by investor confidence in its defense and automotive tech innovations. The funding round was co-led by BlackRock and Kleiner Perkins, with new investors like Qatar Investment Authority and continue...
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No CS Degree? This Startup CEO Says It's Not a Problem
The tech industry is shifting away from requiring formal degrees, with leaders like Anton Osika emphasizing skills, adaptability, and AI's role in enabling idea execution without extensive training. AI tools such as Lovable, Cursor, and Replit facilitate "vibe coding," allowing individuals to cre...
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