Weekly startups: the founders can increase less, but the offers did not miss
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This week has shown more optimism among startups than in other corners of the world, entrepreneurs feeling confident enough to acquire other companies, raise new funds and even say no more money.
The most interesting start -up stories of the week
Not quite four marriages and funerals, but almost.
Articulated: Hinge Health, a virtual physical therapy startup that uses technology to help treat chronic musculoskeletal conditions, filed to become public And hopes to collect up to $ 500 million thanks to this offer.
Fervor: Fervo Energy, a well -funded startup that works with Google on a geothermal power plant, would be Planning to the IPO Over the next two years.
Selected: Peak.ai, a startup founded in Manchester, England, which builds a “decision -making” AI, was acquired by UipathThe company now public of robotic processes automation (RPA). Peak had raised $ 121 million, including a $ 75 million round supported by SoftBank in 2021.
Butterfly: Manus, the “agentic” AI platform launched by the Chinese starting butterfly effect, is Generate a ton of buzzAlthough some first users warned that it was not a Panacea, writes Kyle Wiggers, editor -in -chief of Techcrunch AI. But the butterfly effect is still there: use of the browser, one of the tools supplying manus, Also viral.
The end: Swedish battery manufacturing startup Northvolt bankrupt in Sweden this week. He had already filed a bankruptcy of Chapter 11 in the United States in November.
VC news and the most interesting financing this week
Lots of offers, but also another week during which the size of the round will not tell you the letter from the Round.
Idem: San Francisco -based startup ditto based in San Francisco collected a series B of $ 82 million To a post-money assessment of $ 462 million to ensure that companies of companies can access data on EDGE devices even when connectivity is unstable.
Good karma: Nirvana, an AI insurance platform that uses telematic data to create and manage insurance policies for truckers, collected a series of funding from the C series of $ 80 million to a post-money assessment of $ 830 million.
BI: OMNI, a business intelligence platform that helps organizations better analyze their data, closed a 69 million dollars in series B. The company also expects its annual recurring income to be tripled this year, from nearly $ 10 million.
Slopes: Pentera, a cybersecurity startup founded in Tel Aviv but now based in Boston, noted A series D 60 million dollars an assessment of more than a billion dollars. It plans to use funding for mergers and acquisitions and product development.
Zolve problem: ZOLVE, a Neobank for highly qualified foreigners moving to the United States without credit history, lifted $ 51 million in shares For his B round. He also obtained $ 200 million in debt and plans to seize new geographies.
New name, new money: The startup based in Estonia Blackwall, formerly known as Botguard, raised a 45 million euros in series B (approximately $ 49.2 million) to protect SMEs from malicious online traffic via accommodation platforms and other service providers.
Predictive maintenance: Indian Startup Infinite Uptime, which helps factories to optimize the use of equipment thanks to a predictive maintenance solution based on a sensor, collected a financing tour of the C series of $ 35 million develop in the United States and other markets.
The Italians do it better? The Italian VC company at an early Vento stage is Launch of a fund of 75 million euros To support the founders of Italian startups, including those who live abroad. It is the second Vento fund; His portfolio already includes some 100 startups.
Last but not least
The latest day of demonstration of Y Combinator reported a “change of vibration”, according to a regular participant. Terrence Rohan, an investor of funds otherwise that has been invested in Y combinator since 2010, noted that it is now common to see the founders collect less money – and not for lack of interest in VC. This discussion aroused Whether it’s a good idea.
