Canva has opened a share sale allowing employees to cash out part of their holdings, lifting the company’s valuation to $42 billion ahead of an expected IPO.
Author: Deniz Akerman
Goldman Sachs is set to invest in ice cream giant Froneri, valuing the company at $17.3 billion. The move highlights the bank’s strategic focus on consumer goods.
Gixel, a German deep-tech startup, has closed a €5 million seed round to advance its optical display technology for the emerging AI and AR glasses market.
OmniOps has launched Bunyan بنيان, Saudi Arabia’s first sovereign Inference as a Service platform to ensure data sovereignty for AI applications.
Clay.earth offers automated updates and structured contact tools for individuals and teams, but some users question its data accuracy and syncing issues.
Perplexity AI CEO Aravind Srinivas claims that browser-based AI tools like Comet could begin replacing recruiters and executive assistants within months.
Empowering independent writers, Substack secures a $100 million funding round, pushing its valuation past $1.1 billion and attaining unicorn status.
Amogy, a leader in clean fuel technologies, has successfully closed an additional funding round, positioning the company to expand its innovative ammonia-based energy systems into the burgeoning Asian market.
Meta has acquired voice-focused AI startup PlayAI, integrating its team into key projects like Meta AI, AI Characters, and voice-driven content development.
Heron, a company focused on using artificial intelligence to automate business workflows, announced it has secured $16.6 million in Series A funding.