New Orleans-based Resilia, which sells software to help nonprofits manage their operations, raised a $35M Series B, bringing its total funding to ~$50M (Jared Council/Forbes)

Kenrick Cai / Forbes:
Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources: Runway’s valuation is $500M, and ARR is ~$1M  —  Runway ML, one of the two startups behind the popular AI text-to-image model Stable Diffusion, has raised new funding at a $500 million valuation, Forbes has learned.

New York Times:
Interviews and messages show how SBF used PACs, nonprofits, and consulting firms to woo politicians, regulators, and others to support his crypto goals  —  In just three years, the FTX co-founder built a massive operation to woo politicians, regulators and nonprofits to support his crypto goals.

Paul Sawers / TechCrunch:
Estonia-based Katana, which offers ERP software with prebuilt integrations to SMB manufacturers, raised a €35M Series B, bringing its total funding to ~$50M  —  Katana, an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding.

Hannah Miller / Bloomberg:
Solana cofounders Anatoly Yakovenko and Raj Gokal scramble to move past FTX’s stain on their token, down 96% from November 2021; FTX and Alameda bought 58M+ SOL  —  Solana, the blockchain network once championed by Sam Bankman-Fried, is drawing immense scrutiny as industry watchers wonder whether …

Ingrid Lunden / TechCrunch:
Laika, provider of automated security compliance software for organizations, raised a $50M Series C led by Fin Capital, bringing its total funding to $98M  —  Compliance with privacy and security frameworks like SOC 2, HIPAA and GDPR has become a central component not just of how organizations build trust …

Kyle Wiggers / TechCrunch:
Israel-based NeuReality, which is developing cost-effective AI inferencing chips and software, raised a $35M Series A led by Samsung Ventures and others  —  The growing demand for AI, particularly generative AI (i.e., AI that generates images, text and more), is supercharging the AI inferencing chip market.