valuation
- Technology
Armada, aiming to bring AI grade computing capability to remote places like oil rigs using Starlink, raised a $40M Series A; source: at a nearly $250M valuation (Alex Konrad/Forbes)
Alex Konrad / Forbes: Armada, aiming to bring AI grade computing capability to remote places like oil rigs using Starlink,…
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Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series A from Norwest, sources say at a ~$100M valuation (Kenrick Cai/Forbes)
Kenrick Cai / Forbes: Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series…
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Sources: low-code app development tools maker OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than the $9.5B valuation from Feb. 2021 (Kenrick Cai/Forbes)
Kenrick Cai / Forbes: Sources: low-code app development tools maker OutSystems raised $228.4M in October 2022 at a $4.3B valuation,…
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Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months (Maria Heeter/The Information)
Maria Heeter / The Information: Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since…
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Cologne-based DeepL, which offers instant translation-as-a-service to businesses and individuals, raised $100M-$125M led by IVP at a €1B valuation (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: Cologne-based DeepL, which offers instant translation-as-a-service to businesses and individuals, raised $100M-$125M led by IVP at…
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Chronosphere, which offers cloud-based observability tools, raised a $115M Series C extension at a $1.6B valuation, after a $200M C at a $1B+ valuation in 2021 (Frederic Lardinois/TechCrunch)
Frederic Lardinois / TechCrunch: Chronosphere, which offers cloud-based observability tools, raised a $115M Series C extension at a $1.6B valuation,…
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Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation as part of a deal to get 75% of OpenAI's profits until it recoups its investment (Semafor)
Semafor: Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation as part of a deal…
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Email: SpaceX is raising $750M in a round likely led by a16z at a $137B valuation; the company raised $2B+ in 2022 and was valued at $127M in May (Lora Kolodny/CNBC)
Lora Kolodny / CNBC: Email: SpaceX is raising $750M in a round likely led by a16z at a $137B valuation;…
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Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022 (Erin Woo/The Information)
Erin Woo / The Information: Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021;…
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