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This week was busy for the startups: although there were no note, there were other releases and even unusual liquidity events, as well as a significant number of rounds of financing of various sizes and phases.
Most interesting start stories of the week
This week M&A brought us from the buyers of serials, a output option that could be reassuring for the founders still struggling with the loyalty of customers and the financing of the contrary winds.
Harvest: The Startup Mainstreet.com based in San Jose, based in California, has become the last Fintech to be acquired by the management company of the Employer.com workforce, which is now evaluated north of $ 700 million.
Short of cash: Although he recently hit a milestone of key development, General Fusion fired at least 25% of his employees, with CEO Greg Twinney who explained that the Canadian Fusion Power Company was running out of money.
DataDog: DataDog purchased Eppo, a functionality and experimentation joke platform that will now operate under the “Eppo di DataDog” brand. This arrives shortly after acquiring the metaphaner of the Observability of the AI.
Conservation problems: The 11X Hasan Sukkar co-founder resigned by CEO and was replaced by CTO Prabhav Jain. The AI startup was subjected to scrutiny at the beginning of this year for showing logos of companies that were not active customers, among the statements that was fighting with customer loyalty.
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Build or invest: Carta acquired SimpleClosure, a startup that marked himself as “the turbotax to close”. The stock management startup has previously interrupted a similar offer, called paper conclusions.
Small world: Two months after the purchase of Moveworks, Servicenow acquired Data.World, who had collected over 130 million dollars in risk funding for his catalog of cloud native data and the data governance platform.
With the conditions: A group of investors is taking into consideration the injection of another $ 30 million in Indian startup patient from Blusmart, as long as the co-founder Anmol Singh Jaggi agrees to resign.
Liquidity: The start of automation of sales Clay has taken the unusual step to allow employees with at least one year of mandate to sell actions to the existing backer Sequoia. The operation appreciates the company to $ 1.5 billion.
Most interesting VCs and financing news this week
This week’s rounds have confirmed that the IA is not the only thing that can attract VC: the promise of a longer and healthier life – both for people and batteries – can also.
No limit: NewLimit, the startup of the longevity founded by the Coinbase CEO Brian Armstrong, has collected a 130 million dollar B led by Kleiner Perkins to develop therapies that refund.
Qonto Rival: Finom, a NeoBank that serves SMEs in different European countries, has collected about $ 105 million from General Catalyst to increase its growth.
Enhanced by the defense: Orca Ai, whose autonomous shipping platform has defense questions, has collected a series of $ 72.5 million, bringing its total funding to over $ 111 million.
Scan: Ox Security, which scans vulnerabilities in the code, has obtained a $ 60 million Serie B led by DTCP which will use for growth and expansion.
Crafty: The insurance, whose invisible image model beat Openai from a popular reference point of last year from the Midjourney, collected a 30 million dollar Serie B led by Accel.
Hi, business cards: Australian Startup Blinq has collected a series A $ 25 million to make business cards obsolete and replace them with digital alternatives with CRM additions.
Wisdom truth: Wisdomai, an artificial intelligence startup that hopes to help avoid hallucinations when delivery commercial insights, has collected $ 23 million in a round of unusually large seeds.
More power: Breathe Battery Technologies, whose software helps to optimize and predict battery performance, has collected a $ 21 million Serie B led by Kinnevik Online AB.
Coding context: Not blocked, a company behind an assistant fueled by artificial intelligence that answers contextual questions about the lines of code, has collected a series A of $ 20 million from B Capital and Radical Ventures.
Positive energy: Bosch Ventures, Bosch’s risk arm, will continue to invest in Deep Tech through his new fund of $ 270 million, but with greater attention to the North American startups.
Last but not least
While the VC company based in Athens Marathon Venture Capital closed its last fund with about 84 million dollars in capital commitments, Techcrunch reached partner Panos Papadopoulos to discuss how Greek startups are serving global markets and more.
