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Spinny, an Indian online marketplace for used cars, is raising around $160 million as it moves to acquire car services startup GoMechanic, TechCrunch has learned. The Series G round, which includes a mix of primary and secondary transactions, would value the 10-year-old startup at about $1.8 billion post-money, three people familiar with the matter said,…
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re…
The way venture capitalists think about fundraising can be a black box. But investors must think about their go-to-market strategy for raising their own funds, just as much as they think about how their portfolio companies find their market fit. All season on Build Mode, we’ve explored how founders should approach marketing, but this week we’re exploring how VCs sell themselves to founders as trustworthy partners and…
1X found some big potential buyers for its humanoid robots designed for consumers — the portfolio companies of one of its investors. The robotics company announced a strategic partnership to make thousands of its humanoid robots available for EQT’s portfolio companies on Thursday. EQT is a large Swedish multi-asset investor, and its venture fund EQT…
Flaviu Radulescu started Runware in 2023 when he was testing a text-to-image company and realized that, though genAI tech was powerful, it was slow in generating images. So Radulescu teamed up with Ioana Hreninciuc and launched Runware as a dev tool platform that specializes in generating images, videos, and audio in real time. The company has seen much…
Fal, a startup that hosts image, video, and audio AI models for developers, has announced that it raised a $140 million Series D led by Sequoia, with participation from Kleiner Perkins, Nvidia, and other existing investors. Its existing investors include Andreessen Horowitz, among others. The round, which was Fal’s third fundraise this year, valued the…
SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation in Skild AI, a software company building a foundational robotics model, Reuters reported. The nearly three-year-old startup was last valued at $4.7 billion in May when it raised $500 million in a round led by…
Aaru, a startup that provides near-instant customer research by using AI to simulate user behavior, has raised a Series A led by Redpoint Ventures, according to three people familiar with the deal. The funding round included different valuation tiers, these people said. Although some equity was acquired at a $1 billion valuation, a lower valuation…
Yoodli, an AI-powered communication training startup, has reached a valuation of more than $300 million — more than triple its level six months ago — as it builds technology meant to assist people rather than replace them with machines. The valuation increase follows Yoodli’s $40 million Series B round, led by WestBridge Capital with participation…
Antonio Forenza was working as head of research and development at Rakuten Symphony, a telecom subsidiary of the Japanese conglomerate, when he realized that he needed to find a better way to manage his stress levels. A few years earlier, he had lost 40 pounds with the help of an Apple Watch, which counted steps…