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This week he brought us conflicting messages. A new IPO deposit, but a desolate vision for the overall outputs. New financing rounds, but the founders frustrated due to the lack of capital. And in the middle of everything, some VCs are still finding a way to create liquidity and collect funding for more bullish times.
Most interesting start stories of the week
In a week of contrasts, the startups showed confidence and insecurity and even the founders of the second time were not spared from the struggles.
Fearless or not: The Figma design software company presented its confidential documents for an ipo, ignoring the fears they paused Klarna and Stubhub to pause their pitches IPO this month following the collapse of the equity market activated by the tariff ads.
Figma, however, is not without worries: he sent a letter of termination and desist to the rapid rival in rapid increase in the “vibrant coding” adorable within the term “Dev mode”.
Frustrated: The founders of the United Kingdom expressed frustration for the expansion of the gap between the funding collected by the British startups and their peers of the Silicon Valley. According to Dealroom, British startups collected only £ 16.2 billion (about $ 21.5 billion) last year compared to the approximate $ 73.8 billion (£ 65 billion) collected in the United States
Smashed: Smashing, a reading care app fueled by artificial intelligence launched last June by the founder of Goodreads Otis Chandler, closed due to disappointing growth.
Suspended: Blusmart, a rival Uber Indian that uses EVS, apparently suspended the service one day after the Securities and Exchange Board of India has started an investigation into Gensol’s engineering, which shares its co-founders.
Backwards: A month after summarizing his role as CEO of Bolt, Ryan Breslow presented a new “Super App” that reflects his vision for the Fintech company that he founded in 2014.
Investigation: Spring’s efforts to serve Deel’s CEO Alex Bouaziz were significantly hindered by the fact that he and his lawyer are now in the United Arab Emirates, Techcrunch has learned. But the company does not surrender and is also pushing by Revolut to reveal those who have repaid Deel’s alleged spy.
Meaning of tail: According to reports, Openii is trying to buy Windsurf for $ 3 billion. The startup was previously known as Codeiium, whose popular coding assistant to the compete with the cursor and the like.
Most interesting VCs and financing news this week
This week he brought us news of financing that suggest in better days, with increases increases and larger funds that may no longer be the exception.
Growing: Marshmallow, a British insurance startup, has collected $ 90 million in shares and debts with an evaluation slightly higher than $ 2 billion. By focusing on customers left out of traditional insurers, he boasts one million insured drivers and an annual income income of $ 500 million.
Wins hammered: Hammerspace, a company that helps customers as a destination to use their unstructured data, has collected $ 100 million in funding to expand its business. The evaluation is higher than $ 500 million, according to sources.
New chapter: Chapter, a counseling startup of medicating co-founded by the former candidate for the United States Republican Presidency Vivek Ramaswamy, has collected a financing round of $ 75 million to an evaluation of $ 1.5 billion.
Ghost arts: Phantom Neuro, based in Texas, based in Texas, has collected $ 19 million to finance the next phase of development of its product, a subdermal device similar to a bracelet that allows amputates to control the prosthetic limbs.
Resilient: Conifer, a startup whose electric hub engines do not require elements of the rare earth, a $ 20 million semi -dollar seeds have been secured from Deep technological investors.
Sunny days: Arngy, a clean technological startup supported by Breakthrough Energy Ventures of Bill Gates, blocked an extension of the 15 million dollar Serie B to expand sunny access to Nigeria.
Bullish: The Fund of Founders of Peter Thiel has completed the increase in his third growth fund. Closing at $ 4.6 billion, it is a big step forward compared to its previous growth bottom of 3.4 billion dollars, which could be another sign that the market has gone down again from the upward to bullish.
Last but not least
VCs need liquidity and often know how to find it even when they are not there in sight. In the last episode of Strylyvc Download, the CEO of Industry Ventures Hans Swildens interrupted the way companies are browsing this problem.
