Flexport Raising $260M From Shopify — Report
Logistics giant Flexport is raising $260 million from partner and e-commerce titan Shopify after burning through hundreds of millions of dollars last year, per a report in The Info
AI Startup Cohere Reportedly Looking To Raise $500M To $1B
Nearly three weeks into the new year, and there have been no huge rounds for any AI startups. That may be about to change, as Reuters reported Toronto-based Cohere is in discussion
The Week’s 10 Biggest Funding Rounds: Quantinuum Locks Up Huge $300M Round On Promise Of Quantum Computing
Want to keep track of the largest startup funding deals in 2024 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals
Latin American Startup Funding Fell Again In 2023
A couple of years ago, Latin America was the fastest-growing region in the world for startup investment. Hot companies from Brazil to Mexico were securing large, later-stage rounds
Reddit Moves Forward With March IPO Plans, Report Says
Online discussion platform Reddit is moving forward with detailed plans for a March 2024 IPO, Reuters reported Thursday, citing sources familiar with the matter. The San Francisco-
From Batteries To Building Materials, Green Manufacturing Startups Are Raising Billions
Modern humanity’s carbon-spewing ways probably have their roots in manufacturing. If it’s not the things we mass-produce, then it’s likely the processes used to make them. Or
Cybersecurity Startup Funding Hits 5-Year Low, Drops 50% From 2022
Just two years ago venture funding to cybersecurity was on fire, with more than $23 billion flooding the sector. In 2023, cyber startups saw only about a third of that, as venture
Quantinuum Raises $300M At $5B Valuation
Quantinuum locked up a fresh $300 million equity fundraise at a pre-money valuation of $5 billion. The new funding was led by JPMorgan Chase, with additional participation from Mit
Startup Investors Have Fled The Metaverse
Almost nobody these days is spending much leisure time in the metaverse. Additionally, almost no investors are backing fresh rounds for startups creating the next generation of vir
The Week’s 10 Biggest Funding Rounds: Fever Heats Up Week With $110M Round
Want to keep track of the largest startup funding deals in 2024 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals