Tuesday, December 24, 2024

AI chip startup DEEPX secures $80M Series C at a $529M valuation 

DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices....

Groww joins the first wave of Indian startups moving domiciles back home from US

Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back to India from the U.S., signaling...

Thai food delivery app Line Man Wongnai weighs IPO in Thailand, US in 2025

Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025, the...

ICONIQ Growth raises $5.75B seventh flagship fund

ICONIQ Growth has raised $5.21 billion across two funds associated with the seventh growth fund family, according to SEC filings. However, the firm’s actual fundraise was...

EQT snaps up API and identity management software company WSO2 for more than $600M

WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT. Terms of the...

Google dubs Epic’s demands from its antitrust win ‘unnecessary’ and ‘far beyond the scope’...

In a new filing, Google is pushing back against Fortnite maker Epic Games’ numerous proposed remedies after a court determined Google engaged in anticompetitive practices on...

Apple: pay attention to emerging markets, not falling China sales

Apple’s chief financial officer Luca Maestri challenged investor worries over an 8% drop in China revenue, by noting that sales in other emerging markets are growing. “When...

Hyundai is spending close to $1 billion to keep self-driving startup Motional alive

Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with...

Freshworks acquires Device42 for $230M, appoints Dennis Woodside new CEO

Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks...

Haun Ventures is riding the bitcoin high

The firm invested $5M in Agora, a front-end solution for DAO governance, this week Blockchain startups were red-hot when Katie Haun left Andreessen Horowitz in 2021 to...