Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).
Plaid valued at $8B in employee share sale
The new valuation is a 31% increase from $6.1 billion Plaid reached in April.
Khosla’s Keith Rabois backs Comp, which wants to bolster HR teams with AI
The HR tech startup, which currently operates in Brazil, has raised a $17.25 million Series A.
Nvidia challenger AI chip startup MatX raised $500M
The startup was founded by former Google TPU engineers in 2023.
InScope nabs $14.5M to solve the pain of financial reporting
The startup, founded by accountants who worked at Flexport, Miro, Hopin and Thrive Global, automates the difficulties of prepping financial statements.
Ali Partovi’s Neo looks to upend the accelerator model with low-dilution terms
Neo’s new Residency program invests $750,000 in an uncapped SAFE for startups and provides a $40,000 no-strings-attached grant for college students.
Didero lands $30M to put manufacturing procurement on ‘agentic’ autopilot
Didero functions as an agentic AI layer that sits on top of a company’s existing ERP, acting as a coordinator that reads incoming communications and automatically executes the necessary updates and tasks.
AI inference startup Modal Labs in talks to raise at $2.5B valuation, sources say
General Catalyst is in talks to lead the round for the four-year-old startup, according to our sources.
Integrate raises $17M to move defense project management into the 21st century
The round was led by FPV Ventures co-founder and managing partner Wesley Chan.
Benchmark raises $225M in special funds to double down on Cerebras
Benchmark Capital has been an investor in the Nvidia rival since 2016.