valuation

TECH

Tel Aviv-based Cato Networks, whose tools help protect remote workforces, raised a $359M Series G at a $4.8B+ valuation, taking its total funding to $1B+ (James Rundle/Wall Street Journal)

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BUSINESS

Exclusive: Metropolis appoints new CFO as AI company nears $5 billion valuation

Good morning. An AI-powered urban infrastructure may be on the horizon. “The future is one where transactions happen automatically, powered…

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TECH

London-based PhysicsX, which uses AI to design industrial parts such as engine and drone components, raised $135M, a source says at just under a $1B valuation (Kieran Smith/Financial Times)

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TECH

Aspora, which makes financial tools like remittance services for the Indian diaspora, raised a $50M Series B co-led by Sequoia and Greylock at a $500M valuation (Ivan Mehta/TechCrunch)

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TECH

Bengaluru-based fintech Cred, which offers rewards for paying credit card bills and more, raised ~$72M at a $3.5B valuation, down from $6.4B in 2022 (The Economic Times)

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BUSINESS

Short-seller Chanos questions bitcoin-holding pioneer Strategy’s valuation premium

(Reuters) -Prominent short-seller Jim Chanos has questioned Strategy’s valuation premium over its bitcoin holdings, saying Chairman Michael Saylor’s tactics to…

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BUSINESS

Sixth Street-backed Caris Life Sciences targets $5.3 billion valuation in US IPO

By Arasu Kannagi Basil (Reuters) -Cancer diagnostic firm Caris Life Sciences said on Monday it is targeting a valuation of…

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BUSINESS

With massive funding round and $31 billion valuation, Anduril is nearing the size of defense industry giants it wants to displace

Defense company Anduril, which builds autonomous drones, virtual reality headsets, and other AI-powered technologies for the U.S. military and its…

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BUSINESS

Chime chases $11 billion valuation in IPO set for next week on Nasdaq

Chime Financial on Monday kicked off the roadshow for its much anticipated IPO that could value the neobank at roughly…

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TECH

Art house streaming service and distributor Mubi raised $100M led by Sequoia at a $1B valuation; Mubi has about 20M registered users worldwide (Christopher Grimes/Financial Times)

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