Topic: investor involvement
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SportsVisio Secures $3.2M for AI-Powered Athlete & Fan Tech
SportsVisio raised $3.2 million in new funding, totaling $9 million, with backing from Sony Innovation Fund and others to expand its AI sports analytics and content creation tools. Sony Innovation Fund and Mighty Capital highlighted SportsVisio's democratization of professional-grade tools for am...
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Defense Tech Startup Mach Industries Eyes $100M Funding Round
Mach Industries is close to securing a $100 million funding round led by Khosla Ventures and Bedrock Capital, potentially valuing the company at $470 million. Founded by 21-year-old Ethan Thornton, the startup specializes in advanced aerospace systems and has attracted notable investors like Sequ...
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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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Neon App Shut Down After Major Security Breach Exposes User Data
The Neon app, which paid users to record calls for AI data sales, was abruptly taken offline after a major security breach exposed all users' private call recordings, transcripts, and phone numbers. A critical vulnerability allowed any logged-in user to access others' sensitive data due to a lack...
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IXI Secures $36.5M From Amazon to Revolutionize Prescription Glasses
A Finnish startup is shaking up the eyewear industry with cutting-edge technology that could make traditional prescription glasses obsolete. IXI, a Helsinki-based company, just secured $36.5 million in Series A funding, with backing from Amazon’s Alexa Fund and other prominent investors.
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Trump Approves TikTok-Oracle Deal to Avoid US Ban
President Trump has endorsed a deal to transfer control of TikTok's U.S. operations to a consortium of American firms, valuing the business at about $14 billion and averting a ban. The agreement involves Oracle, Silver Lake, and Abu Dhabi's MGX acquiring a 45% stake, while ByteDance investors kee...
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