Mary Ann Azevedo
Reporter at Crunchbase News
Journalist at Freelance
Covering startups & venture @CrunchbaseNews. Previous: @TechCrunch, @Forbes, & more. Believer in the power of kindness. Wife, mom of 2. [email protected].
Articles
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1 week ago |
news.crunchbase.com | Mary Ann Azevedo
Nabla, which has developed an AI copilot for doctors and other medical staff, announced Tuesday that it has raised $70 million in Series C funding. Germany’s HV Capital led the financing, which brings Nabla’s total raised since its 2018 inception to $120 million. Highland Europe and DST Global also participated in the round alongside existing backers Cathay Innovation and Tony Fadell’s Build Collective. Nabla, which is based in Paris with an office in New York, did not reveal its current valuation.
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1 week ago |
news.crunchbase.com | Mary Ann Azevedo
On June 9, PostHog, which aims to help developers build “successful products,” quietly announced it had raised $70 million in a Series D funding round led by digital payments giant Stripe. The funding was raised at a $920 million valuation. Y Combinator, GV and Formus Capital also participated in the financing, which brings PostHog’s total raised since its 2020 inception to about $107 million, per Crunchbase data. In a nutshell, PostHog started as a product analytics tool.
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1 week ago |
news.crunchbase.com | Mary Ann Azevedo
Expense management startup Ramp is in discussions to raise around $200 million in a round of funding that would bump its valuation to about $16 billion, according to The Information. Founders Fund, an early and repeat backer, is reportedly aiming to lead the investment. Other existing investors such as Sands Capital and Khosla Ventures are believed to be participating as well. New York-based Ramp has evolved into a fintech darling since its 2019 inception.
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2 weeks ago |
news.crunchbase.com | Mary Ann Azevedo
Automattic, the publisher of WordPress, has acquired relationship management startup Clay for an undisclosed amount, the companies announced on Thursday. Clay has raised a total of $8 million in funding, per Crunchbase. The company raised that capital in a 2021 seed round led by Forerunner Ventures that also included participation from General Catalyst, Slow Ventures, Caffeinated Capital and Notation Capital.
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2 weeks ago |
news.crunchbase.com | Mary Ann Azevedo
Protein bar company David recently raised $75 million and announced it had acquired Epogee, a food tech company behind a plant-based fat alternative. The deal comes as venture funding for food tech has fallen, but as M&A activity in the space appears to be on the rise. The funding and dealmaking trends indicate that in the face of declining investor interest, consolidation is proving to be a viable alternative for some companies in the food tech space.
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RT @Katie_Roof: A scoop big enough to post on a Saturday night! $meta in talks to invest more than $10b in scale ai! https://t.co/jb3NDPUL2…
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Funding to VC-backed startups in defense hit $3 B in 102 deals last year, per Crunchbase data. That’s only an 11% uptick from 2023, which saw $2.7B raised in 100 announced rounds. With this latest round, it won’t be surprising if this year sees another significant bump. My
