EMEA Daily: Thought Machine Hits $1B Valuation
In today’s top Europe, Middle East and Africa (EMEA) news, U.K. FinTech startup Thought Machine raises $200 million at a $1 billion valuation; Flutterwave launches new a marketplace; the U.K.’s Financial Conduct Authority (FCA) proposes changes to…
Amazon backed EV startup, Rivian Automotive aims for valuation above US$50 billion
Given the trend that is steadily shifting towards electric vehicles all the major players in the industry are speeding up to gain an edge in the market.Amazon backed electric vehicle startup, Rivian Automotive shared earlier this week that it is…
U.S. Autonomous Delivery Startup Nuro Raises $600 Million for $8.6 Billion Valuation | Investing News
(Reuters) – Autonomous delivery vehicle maker Nuro raised $600 million in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc’s Google as an investor. The funding round, led by Tiger…
EV truck startup Rivian seeks $60 billion valuation in IPO
Startup electric truck manufacturer Rivian is seeking a valuation of about $60 billion in its forthcoming initial public offering, according to a filing Monday with the Securities and Exchange Commission. Rivian is planning to offer 135 million shares of…
Amazon-backed EV Startup Aims For Valuation Above $50 Bn
Rivian Automotive, an Amazon-backed electric vehicle startup, said Monday it is targeting a valuation of more than $50 billion. The California-based company will price shares between $57 and $62, raising up to $9.1 billion at the midpoint price and all…
Indian beauty startup Nykaa aims IPO at valuation of above $7 billion
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. MUMBAI (Reuters) – Indian startup FSN E-Commerce Ventures, which runs beauty company Nykaa, has priced its initial public…
Flutterwave Seeks New Funding at $3B Valuation
Nigerian cross-border payments startup Flutterwave is putting its feelers out for a new round of funding at a minimum valuation of $3 billion, about triple its last value, per news reports that cited unnamed sources. Although nothing is finalized,…
Technical interviewing startup Karat reaches $1.1B valuation as another unicorn emerges in Seattle
Karat co-founders Mo Bhende (left) and Jeff Spector. (Karat Photos) The news: Karat, a Seattle-based startup that helps companies conduct technical interviews, raised a $110 million Series C round at a $1.1 billion valuation. It’s the latest Seattle tech…
Mental health startup BetterUp raises funds at near $5 billion valuation
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. (Reuters) – BetterUp said on Friday it had raised $300 million in a late- stage funding round led by Wellington Management, ICONIQ Growth and Lightspeed Venture…
Airwallex eyes further expansion as latest funding round lifts valuation to $4b
Airwallex has raised another $200 million in a series E round, with the Australian fintech startup now reaching a fund total of over $700 million and a valuation of $4 billion. The majority of the funding came from new investors, including private…