Topic: funding history
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Zepto Hits $7B Valuation with $450M Funding Amid Quick Commerce Boom
Zepto secured a $400 million investment led by CalPERS, boosting its valuation to $7 billion and positioning it for an IPO next year, with daily orders surging to 1.7 million. The company operates in a highly competitive quick commerce market against rivals like BlinkIt and Swiggy Instamart, whil...
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Sakana AI Secures $135M to Build Japan's AI Models
A new wave of specialized AI firms, such as Tokyo-based Sakana AI, is emerging to develop models tailored for specific regions, industries, or applications, differentiating them from global tech giants. Sakana AI secured ¥20 billion (approximately $135 million) in a Series B funding round, valuin...
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Apple Nears Deal to Acquire AI Startup Prompt AI
Apple is finalizing its acquisition of Prompt AI, a computer vision startup, to integrate its team and technology into Apple's operations, particularly enhancing the HomeKit ecosystem. Prompt AI is discontinuing its Seemour app and deleting all user data due to an unsustainable business model, wi...
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Kalshi Hits $11B Valuation After $1B Funding Round
Kalshi raised $1 billion in new funding, led by Paradigm and joined by top-tier VCs, dramatically increasing its valuation to $11 billion and signaling strong investor confidence. While known for political event trading, Kalshi's platform sees significant activity in sports predictions, indicatin...
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Mistral AI Hits €11.7B Valuation After Raising €1.7B
Mistral AI raised €1.7 billion, increasing its valuation to €11.7 billion, with semiconductor leader ASML contributing nearly €1.3 billion for an 11% stake and a strategic committee seat. The funding highlights Mistral AI's role as Europe's key large language model developer amid intense global c...
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