Topic: investment rounds
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Figma Acquires Weavy to Supercharge AI Media Creation
Figma has acquired Weavy, an AI-driven image and video generation company, which will be rebranded as Figma Weave and integrated into Figma's ecosystem to enhance its AI media creation capabilities. Weavy's tools enable designers to generate and refine high-quality images and videos using various...
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BRKZ Fuels KSA Construction Boom with $30M Finance Boost
BRKZ secured up to $30 million in growth debt from Stride Ventures to expand its B2B building materials marketplace and flexible payment solutions, supporting Saudi Arabia's construction sector amid major upcoming events and giga-projects. The company has demonstrated strong growth with a fourfol...
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OpenAI's Record Valuation: Is It Justified?
OpenAI's potential $500 billion valuation could make it the world's most valuable private company, surpassing major firms like SpaceX and ByteDance despite its high burn rate. The valuation is supported by two transactions: a $300 billion SoftBank-led funding round and a secondary employee share ...
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