Their headcount is set to balloon to 200+ by 2026.
– French fintech Agicap snagged $48 million in Series C funds for its cash-flow management tool catering to midsized firms.
In other news:
– Altos Ventures hit the roof with a fresh $500 million in its kitty né?. Hold your horses, though, for now, we’re looking at IPOs in India, mergers and acquisitions, and some not-so-great news.
Headliners:
– Klarna, the European scale-up, sneakily filed IPO papers with the SEC. Cheers!
. Anysphere is said to be swimming in investment offers valuing it at up to $2.5 billion.
– Struggling battery maker Northvolt is handing off some assets to Silicon Valley’s Lyten. Index Ventures led their Series A crunch at a whopping $750 million post-money.
– ScaleOps, a cloud spend manager from NY, locked down a $58 million Series B. But hey let’s not kid ourselves we’re still waiting to see how much of this action was just waiting to bust loose post-U.S. The buy now pay later company reportedly saw its valuation bounce back to $14.6 billion after a rollercoaster ride this year.
– Prosus owned by Naspers is eyeing to take Indian fintech PayU public by 2025 shifting its focus to India post its quick-commerce company Swiggy’s stellar IPO debut.
– Cybersecurity unicorn Bitsight dropped $115 million to acquire dark web security whiz Cybersixgill.
– Anysphere the brains behind the AI-enabled code editor Cursor gobbled up rival Supermaven which had bagged $12 million. As our buddy Romain Dillet puts it, AI is the name of the game for any new startup né?. IPO window might crack open soon né?. Hey there, welcome to Startups Weekly – your go-to for everything hot in the startup world each week. elections.
Here’s the rundown of the most interesting startup stories from this week:
The buzz:
– Reports hint that the U.S. The VC had earlier backed Coupang and Roblox.
– SoftBank Vision Fund’s co-CEO Rajeev Misra is exiting the stage after a decade.
Buckle up folks because Station F in Paris just unveiled its top 40 startups AI taking center stage with 34 of them using some form of it. The million-dollar question: will this and other cost-cutting measures keep the Swedish company afloat in the coming year?
Big bucks:
– Writer pocketed a sweet $200 million in a Series C round, valuing it at $1.9 billion. Their gen AI platform is set to expand its enterprise horizons.
– British AI startup Tessl, with $125 million under its belt, revealed a waitlist opening. Despite it being a short workweek for many the past few days were jam-packed with juicy deal announcements and funding news
