Reuters:
Swiss startup 21.co, which runs the 21Shares crypto investment platform, raised $25M led by Marshall Wace at a $2B post-money valuation — Crypto investment product firm 21.co, the parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wace that valued the company at $2 billion.
Mehnaz Yasmin / Reuters:
E-commerce marketing company Rokt says it raised a secondary funding round at a $2.4B valuation, up from $1.95B in December 2021, as it prepares for an IPO — Tech startup Rokt said on Monday it raised its valuation to $2.4 billion in a secondary funding round led by investment firm Square Peg …
Reuters:
Chicago-based supply chain management startup project44 raised $80M led by Generation Investment and A.P. Moller at a $2.7B post-money valuation — U.S.-based supply chain management technology company project44 said on Thursday it was valued at $2.7 billion after its latest funding round …
The Information:
Source: Israeli cybersecurity company Cybereason, which is valued at $2.5B, is looking for a buyer after abandoning plans to go public earlier in 2022 — Cybereason, a prominent Israeli security software firm valued at $2.5 billion by investors including Google, SoftBank …
Moneycontrol:
Prosus valued its 9.67% stake in Byju’s at $578M at the end of Q3 2022, implying Byju’s total value to be $5.9B; Byju’s was valued at $22B in October 2022 — Although Prosus’ accounting entry implies that it values Byju’s at $5.9 billion, experts say that different shareholders may value a private company differently in their books.
Gillian Tan / Bloomberg:
New York-based Bilt, which offers a loyalty program and credit card to convert rent payments into points, raised $150M led by Left Lane at a $1.5B valuation — Bilt Rewards, which operates a loyalty program and credit card that converts rent payments into points, said its valuation more than quadrupled to $1.5 billion.
The Information:
Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at an implied ~$20B valuation from Sequoia, Tiger, a16z, others — OpenAI, whose text- and image-generating artificial intelligence has become a mainstream hit, is in advanced talks to raise …
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