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DevRev Becomes AI Unicorn After Raising $100.8 Million in Series A
DevRev has secured $100.8 million in Series A funding, achieving a $1.15 billion valuation. This funding round, led by Khosla Ventures with contributions from Mayfield Fund, Param Hansa Values,…
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Filigran Raises $35M to Expand Its Cybersecurity Threat Management Platform
Filigran, a cybersecurity startup based in Paris, has raised $35 million in a Series B funding round, led by Insight Partners and supported by previous investors Accel and Moonfire.…
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Cohere’s New Aya Expanse Models Bring AI to 23 Languages
Cohere has launched two open-weight AI models under its Aya project, aiming to bridge the language gap in foundation models through advanced multilingual capabilities. Named Aya Expanse 8B and…
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UK Digital End-of-Life Startup Farewill Acquired for $16.8M by Dignity
Dignity, a major U.K. funeral service provider, has acquired digital end-of-life services startup Farewill in an all-shares deal valued at £12.9 million ($16.8 million). Farewill, which was founded in…
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Lucid CEO Defends $1.75 Billion Capital Raise After Stock Plunge
Lucid CEO Peter Rawlinson clarified that Wall Street misunderstood the company’s recent $1.75 billion capital raise, a move that led to a significant drop in Lucid’s stock price last…
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Byju’s Once Valued at $22 Billion, Now Worth Nothing Says Founder
Byju Raveendran, founder of the edtech giant Byju’s, disclosed on Thursday that his company, once valued at $22 billion, has now effectively become “worth zero.” He attributed the downfall…