Cowboy, the Brussels-based company that has been designing and selling electric bikes that you can see in major cities across Europe, has closed a small, strategic funding round of €5 million (around $ 5.5 million at current exchange rates). That includes €1 million in debt facilities. While the amount isn’t as impressive as some of […]
OpenAI reportedly in talks to close a new funding round at $100B+ valuation
ChatGPT creator OpenAI is reportedly in talks to raise a massive tranche of cash led by previous backer Thrive Capital, at a valuation of more than $ 100 billion. That’s substantially higher than OpenAI’s previous $ 86 billion valuation, and by far the highest valuation of any AI startup to date. Thrive will reportedly throw […]
TPG nears $150M funding in India’s Eruditus at $2.3B valuation
Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $ 150 million in new funding, two sources familiar with the matter told TechCrunch, in what would be the largest fundraise by an Indian education firm in years. TPG, a major private equity player, is discussing to lead the investment, the […]
Starpath accelerates moon water mining plans with $12M seed funding
NASA and the space industry are in agreement: if we want to establish a permanent human presence on the moon, we’ll need to make use of every native resource we can — and none are as important as water ice. Starpath Robotics is one of a handful of startups planning for this future. The startup […]
a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash
Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,” […]