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PharmEasy Faces $456 Million Valuation After Investor Reassessment
PharmEasy, a leading online pharmacy in India, has seen its valuation drop significantly to approximately $456 million. This comes after investor Janus Henderson disclosed in a filing that it…
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Electric Aircraft Startup Lilium Shuts Down Amid Insolvency Struggles
Lilium, a German startup that once led the charge in electric aircraft innovation, has ceased operations and laid off approximately 1,000 workers. After nearly 11 years of development and…
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Coralogix Acquires Aporia to Strengthen AI Observability
Coralogix, a leading platform for observability solutions, announced its acquisition of Aporia, a startup that specializes in monitoring and securing AI workloads. This move brings advanced AI observability and…
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Skyseed Backs Bluesky Projects with $1.5 Million Commitment
Skyseed, a new venture capital fund and incubator, has debuted to back projects built on the Bluesky/AT Protocol ecosystem. Initiated by Peter Wang, co-founder of Anaconda, Skyseed has rapidly…
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AI Startup PearAI Lands $1M Seed Funding After Tumultuous YC Debut
PearAI, an AI-powered code editing startup, has bounced back from a rocky start to its Y Combinator (YC) journey by securing $1 million in seed funding. This follows a…
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AI Coding Assistant Cursor Raises $100M to Reach $2.6B Valuation
AI coding assistant Cursor, developed by Anysphere, has raised $100 million in a Series B funding round, sources confirmed. Thrive Capital, a returning investor, led the round, which values…