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  • Filigran Raises $35M to Expand Its Cybersecurity Threat Management Platform

    Filigran Raises $35M to Expand Its Cybersecurity Threat Management Platform

    yasmeeta
    October 30, 2024

    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. This follows a $16 million Series…

  • Cohere’s New Aya Expanse Models Bring AI to 23 Languages

    Cohere’s New Aya Expanse Models Bring AI to 23 Languages

    yasmeeta
    October 28, 2024

    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 35B, these models are available on…

  • UK Digital End-of-Life Startup Farewill Acquired for $16.8M by Dignity

    UK Digital End-of-Life Startup Farewill Acquired for $16.8M by Dignity

    yasmeeta
    October 23, 2024

    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 2015, offers online tools for writing…

  • Lucid CEO Defends $1.75 Billion Capital Raise After Stock Plunge

    Lucid CEO Defends $1.75 Billion Capital Raise After Stock Plunge

    yasmeeta
    October 22, 2024

    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 Thursday. The offering involved the sale…

  • Byju’s Once Valued at $22 Billion, Now Worth Nothing Says Founder

    Byju’s Once Valued at $22 Billion, Now Worth Nothing Says Founder

    yasmeeta
    October 21, 2024

    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 to a series of mistakes, including…

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