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Valued at $9 billion in late 2022, Navan is said to be targeting an initial public offering sometime in 2024.

Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. "Navan has recorded strong growth over the past three years despite the challenges affecting our industry," the spokesperson wrote via email, describing the cuts as a "restructuring." In October of 2022, Navan secured $150 million debt and raised $154 million in equity at a post-money valuation of $9.2 billion, up from its prior valuation of $7.5 billion.

Temporal, an open source microservices orchestration platform used by companies including Netflix and Comcast, has raised $75 million.

Top five technology industry cross border venture financing deals in Europe in September 2022, according to GlobalData

Odeko builds mobile ordering and supply chain tools for cafes, bakeries and coffee shops. Founded by Dane Atkinson in 2019, Odeko is backed by investors that include GGV Capital, BoxGroup, Two Sigma Ventures, Primary Venture Partners, and First Round Capital and is headquartered in New York.