VCs are spending gobs of money on AI startups – especially those run by big names in tech – so SandboxAQ is putting its hand out again, even though it raised a whopping $ 500 million in early 2023. The spinout from Google parent company Alphabet is reportedly seeking to raise another round that would […]
Cyera acquires Trail Security for $162M; Cyera is now raising at a $3B valuation
Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what’s known as data security posture management — a full assessment and picture of where a customers’ data has been created, where it is stored, and how it is used — has been on a growth tear in the last year, picking up […]
Accel eyes stake in India’s Truemeds at $330 million valuation
According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $ 30 million to $ 40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a […]
Table Space eyes $2.5B valuation in India IPO
Table Space, an Indian managed workspace provider, is targeting a valuation of $ 2.5 billion or more for an IPO planned for next year, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup has hired Axis Securities as a bookrunner for the IPO, the sources said. Founded in 2017, Table Space leases large office […]
UK neobank Monzo hits $5.9B valuation with secondary market sale
Monzo is now valued at $ 5.9 billion after the U.K.-based challenger bank confirmed a secondary market share sale to provide liquidity for its employees. The transaction, first rumored yesterday, saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A secondary market sale essentially […]