Algerian startup Yassir, which offers on-demand ride hailing, banking, and more, raised $150M led by BOND to expand overseas, bringing its funding to $193M (Nicolas Parasie/Bloomberg)

Makena Kelly / The Verge:
TikTok expands its political content rules to limit fundraising by politicians and political groups, ahead of a full ban on fundraising  —  Starting Wednesday, TikTok is expanding its elections rules to make it harder for politicians and political groups to fundraise using the platform — and plans to ban all fundraising activity soon.

Miriam Gottfried / Wall Street Journal:
State Farm will invest $1.2B in ADT for a ~15% stake, and $300M more for product innovation; Google invests $150M toward new products, pledges $150M more  —  Insurer to buy 15% of ADT and make product investment of up to $300 million  —  ADT Inc. ADT 16.37%▲ has secured investments …

Ingrid Lunden / TechCrunch:
Airwallex, which provides cross-border banking and other financial services for businesses, raised a $100M Series E2, bringing its total funding to over $900M  —  The economy may be showing many signs of contraction right now, but many companies still need to do business internationally.

Justin Dawes / Skift:
Kyte, which offers on-demand car rentals in 14 US cities, raised a $60M Series B led by InterAlpen, bringing its total funding to about $300M in equity and debt  —  Skift Take … Three travel tech startups raised nearly $202 million this week.  —  >>Kyte, an app that offers on-demand car rentals …

Berber Jin / Wall Street Journal:
Sources: Sequoia apologized to its fund investors for the $150M it lost on FTX and told them it would improve its due diligence process on future investments  —  Venture-capital firm tells fund investors that it will improve due diligence on future investments after $150 million loss on crypto exchange

Dan Taylor / Tech.eu:
Dublin-based Tines, which offers no-code automation tools for security teams, raised a $55M Series B extension, bringing the total Series B to ~$77M  —  Offering dead simple drag-and-drop automation workflows for cybersecurity teams, Dublin’s Tines has raised an additional $55 million in a Series B round extension.