Fundraising

OpenAI secured more billions, but there’s still capital left for other startups

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox...

The 13 biggest take-private PE acquisitions so far this year in tech

The private equity realm has been pretty active so far in 2024, serving as a powerful “alternative” source of liquidity for technology startups...

As data center usage heats up, Submer raises $55.5M to cool things down

The race is on for better chips and data center capacity to handle AI workloads, but all that activity comes with a catch....

Pallet uses AI to bring logistics into the 21st century

Transportation and warehousing are multi-trillion-dollar industries, but the technologies that power them are often outdated, inefficient and siloed. Pallet, which is announcing an...

TuSimple founder Xiaodi Hou is back with a new autonomous truck startup

Two years ago, Xiaodi Hou was ousted from his position as CEO of TuSimple, an autonomous trucking startup he co-founded that has since...

Femtech startup Perelel is acquiring Founders Fund-backed sexual health startup LOOM

Women’s health company Perelel announced on Wednesday the acquisition of LOOM a women’s educational health platform, for an undisclosed amount. LOOM’s founder Erica...

Numa raises $32M to bring AI and automation to car dealerships

Sometimes, a pivot ends up being the smartest decision company leaders can make. See Netflix’s pivot from DVDs to streaming, or Corning’s pivot...

Sequoia backs Pydantic to expand beyond its open source data-validation framework

A U.K.-based, open-source startup is launching its first commercial product with the backing of one of Silicon Valley’s most renowned venture capital firms. Pydantic...

Podcasting startup Podeo gets $5.4M to go beyond the Arab world

Podcast listeners crossed half a billion people at the end of last year as listenership maintained steady growth. With countries in the Arab...

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