RT Watson / The Block:
Report: Fanatics’ sports NFT service Candy Digital lays off as many as half of its 100-person staff; the startup raised a $100M Series A in October 2021 — – Despite achieving unicorn status last year Candy Digital decided to let go of a large number of its roughly 100 employees
Patrick Clark / Bloomberg:
Home buying startup Opendoor lays off ~550 employees, or ~18% of its staff, after higher rates and a shift in prices forced the company to sell homes at a loss — Opendoor Technologies Inc. is laying off about 550 employees after higher mortgage rates cratered US housing demand.
Tony Lystra / GeekWire:
Seattle-based Swiftly, which offers branded apps and retail software to grocery stores, raised a $100M Series C at a $1B+ valuation after raising $100M in March — Retail software provider Swiftly raised $100 million in a Series C funding round, helping the company become the latest Seattle-area startup …
Bloomberg:
An interview with the co-founder of Vietnamese unicorn VNG, which offers games and services like Zalo, a messaging app that had 74M+ MAUs in Vietnam in February — A Vietnamese internet startup that’s successfully defended its home market of 100 million people against global giants like Facebook is now going into attack mode.
Meagan Simpson / BetaKit:
NFT startup Dapper Labs, the company behind CryptoKitties, confirms it laid off ~134 employees or 22% of its workforce; Dapper Labs raised $600M to date — Vancouver tech startups Dapper and Hootsuite both made layoffs this week. — Dapper Labs has laid off around 22 percent of its staff, BetaKit has learned.
Meir Orbach / CTech:
Cybersecurity startup Snyk lays off 198 employees, or 14% of its staff, after laying off 30 people in July 2022; Snyk was valued at $8.5B in September 2021 — The Israeli-founded company raised $530 million at an $8.5 billion valuation last year — Israeli cybersecurity unicorn Snyk …
Anuchit Nguyen / Bloomberg:
Thailand’s LINE MAN Wongnai, which provides food delivery and runs an e-commerce platform for businesses, raised a $265M series B led by GIC at a $1B+ valuation — Thai food and parcel delivery app Line Man Wongnai raised $265 million in a round led by Singaporean sovereign fund GIC Pte, becoming the nation’s latest startup unicorn.
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