Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Anyone paying even a little bit of attention to Tesla has probably heard about Dojo. Tesla CEO Elon Musk has referenced Dojo repeatedly over the years, oftentimes […]
Anduril raises $1.5B at a $14B valuation
Defense tech startup Anduril has closed what will almost certainly end up being one of the largest funding rounds of the year: a $ 1.5 billion deal that values the company at $ 14 billion. Anduril has ambitions of becoming the next great American defense contractor, joining a class of companies that has shrunk to […]
Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its ‘bottomless wealth’ was ‘dangerous’
Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as part of its second-quarter earnings report that an affiliate of the Saudi sovereign wealth fund is committing another $ 1.5 billion, with half coming in the form of a private placement and […]
Placer.ai boosts valuation to $1.5B after quietly raising another $75M
Location data, for better or worse, continues to be a part of the bedrock of how apps are built. Now a startup developing AI market research based on that location data, Placer.ai, has quietly raised $ 75 million at an expanded valuation of nearly $ 1.5 billion, TechCrunch has learned. The startup provides a wide […]
SAP to acquire digital adoption platform WalkMe for $1.5B
Enterprise software giant SAP is acquiring “digital adoption” platform provider WalkMe in an all-cash transaction worth $ 1.5 billion. WalkMe’s Nasdaq closing price yesterday was $ 9.64, with SAP’s $ 14 offer representing a premium of 45%. Founded out of Israel in 2011, WalkMe was initially designed to simplify website navigation by providing real-time, contextual […]