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Dec 29, 2023 • 3min

SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO

E-commerce startup FirstCry is seeking to raise $218 million through issue of fresh shares in its initial public offering, the 13-year-old startup said in a draft prospectus filed with the market regulator Thursday, becoming the latest Indian startup to explore the public markets. FirstCry earlier sought to raise as much as $700 million in its […]© 2023 TechCrunch. All rights reserved. For personal use only. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 28, 2023 • 6min

Propelled by ‘science for humanity,’ this Chinese AI startup sets sight on US

Amid rising geopolitical tensions, many Chinese tech companies find themselves recalibrating their overseas pursuits, often sidestepping any reference to their origin. One bold startup called DP Technology stands out from the crowd. Working to apply artificial intelligence to molecular simulations, DP, short for “Deep Potential,” believes that the unifying power of “scientific research for humanity” […]© 2023 TechCrunch. All rights reserved. For personal use only. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 28, 2023 • 6min

BotBuilt wants to lower the cost of homebuilding with robots

Homes aren’t getting cheaper — or necessarily easier to secure. This year, the median household income for home buyers jumped to $107,000 from $88,000 last year, according to the National Association of Realtors. The volume of homes for sale in the U.S. reached record a low, meanwhile — and shows no sign of recovery. Now, […]© 2023 TechCrunch. All rights reserved. For personal use only. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 27, 2023 • 3min

Nonprofit Code.org sues Byju’s unit WhiteHat Jr over payment dues

Code.org, the US educational non-profit, has filed a lawsuit in a California district court alleging that Byju’s subsidiary WhiteHat Jr breached a licensing contract by failing to pay fees while continuing to use Code.org’s platform. WhiteHat Jr, which sold to Byju’s for $300 million in 2020, partnered with Code.org last year and agreed to pay […]© 2023 TechCrunch. All rights reserved. For personal use only. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 27, 2023 • 4min

ShareChat faces large valuation cut in new funding

"ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in the new round, the sources […]© 2023 TechCrunch. All rights reserved. For personal use only." Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 22, 2023 • 5min

Y Combinator-backed Intrinsic is building infrastructure for trust and safety teams

"A few years ago, Karine Mellata and Michael Lin met while working at Apple’s fraud engineering and algorithmic risk team. Both engineers, Mellata and Lin were involved with helping to address online abuse problems including spam, botting, account security and developer fraud for Apple’s growing customer base. Despite their efforts to develop new models to […]© 2023 TechCrunch. All rights reserved. For personal use only." Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 22, 2023 • 4min

Vestwell raises $125M to help businesses power workplace savings programs

Vestwell, which provides the infrastructure for employers to power workplace savings programs, has raised $125 million in what the company describes as a “preempted” round of funding. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 21, 2023 • 6min

Medallion, a platform for artists to connect directly with fans, raises $13.7M

Medallion is a platform for artists to have a dedicated digital hub for promoting album releases, tour dates and merch drops, as well as selling digital collectibles and sharing exclusive content to foster deeper connections with fans. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 21, 2023 • 5min

Claim, a social network that lets users earn and trade rewards with friends, raises $4M

Claim, a platform that is both a rewards app and a social network, has raised $4 million in a seed funding round led by Sequoia Capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Dec 20, 2023 • 3min

SimSpace raises $45M to simulate tech stacks for cyber training

SimSpace, a startup that creates digital replicas of organizations’ tech and networking stacks for cybersecurity training, has raised $45 million in a funding round led by L2 Point Management. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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