#equity-funding

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TechCrunch
5 months ago
Startup companies

Inside Brex's efforts to burn less cash | TechCrunch

Brex announced a restructuring that resulted in laying off 282 employees, or nearly 20% of its staff, as it tries to preserve runway amid reports of burning $17 million in cash each month during Q4 of 2022.
Fintech investing in 2023 saw a significant drop in funding and valuations, with a -43.8% and -32.4% YoY decrease, respectively. However, Q4 saw positive growth with eight new unicorns and double-digit percentage increase in equity funding. [ more ]
Alleywatch
6 months ago
NYC startup

The Weekly Notable Startup Funding Report: 12/11/23

Atomic Industries raises $17.0M for AI-powered tool and die maker
Ladder secures $12.0M for strength training app [ more ]
The Times of India
6 months ago
Artificial intelligence

Elon Musk's $1 billion push to compete against ChatGPT - Times of India

Elon Musk's company xAI is looking to raise $1 billion in equity funding for its artificial intelligence ventures.
xAI's chatbot, Grok, stands out for its unique personality and ability to engage in playful banter and tackle spicy topics. [ more ]
#nyc-startups
Alleywatch
1 month ago
NYC startup

The AlleyWatch Startup Daily Funding Report: 6/3/2024

NYC startups Frich, Mark43, and Thread secured funding rounds on 6/3/2024, totaling $45.35M.
Frich raised $2.8M for its social finance app, Mark43 secured $40M for cloud public safety software, and Thread received $2.55M for its IT service collaboration platform. [ more ]
Alleywatch
1 week ago
NYC startup

The AlleyWatch Startup Daily Funding Report: 6/24/2024

NYC startups Soot and Upfront secured funding, offering data visualization and childcare data platform. Upfront raised $225k with a total of $275k funding. [ more ]
Alleywatch
1 month ago
NYC startup

The AlleyWatch Startup Daily Funding Report: 6/3/2024

NYC startups Frich, Mark43, and Thread secured funding rounds on 6/3/2024, totaling $45.35M.
Frich raised $2.8M for its social finance app, Mark43 secured $40M for cloud public safety software, and Thread received $2.55M for its IT service collaboration platform. [ more ]
Alleywatch
1 week ago
NYC startup

The AlleyWatch Startup Daily Funding Report: 6/24/2024

NYC startups Soot and Upfront secured funding, offering data visualization and childcare data platform. Upfront raised $225k with a total of $275k funding. [ more ]
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Silicon Canals
4 days ago
European startups

Dutch-based Strohm secures 30M - Silicon Canals

Strohm secures €30M in equity funding led by SENCO to advance innovative pipeline technology for sustainable energy solutions. [ more ]
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