Insurance provider Authentic has raised $11 million in Series A funding
Authentic seeks to change how businesses buy insurance by creating a community around the software they use.
Source: fortune.com
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Gameto Raises $33M in Series B Funding
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com
Elon Musk's xAI Seeks $6 Billion in Funding Backed by Andreessen Horowitz: FT Reports
Elon Musk's AI startup xAI is set to raise $6 billion in funding, led by Andreessen Horowitz, valuing the company at $18 billion, according to the Financial Times.
Source: pc-tablet.co.in
Xona geolocation service provider raises $19 million Series A
Xona Space Systems, a startup geolocation service provider, raises $19m in funding to develop its PULSAR navigation system.
Source: electronicsweekly.com
Elon Musk's xAI Valued At $18 Billion In Latest Funding Round As Musk Looks To Take On $80 Billion OpenAI, A Company He Co-Founded
Elon Musk is reportedly raising $6 billion at a $18 billion valuation for his latest venture, xAI.Corp. Initially, xAI was set to raise $3 billion with a premoney valuation of $15 billion. However, because of overwhelming interest from investors, the terms of the deal were renegotiated, resulting in a significant increase in valuation. "We all received an email that basically said, ‘It's now $6B on $18B, and don't complain because a lot of other people want in," an anonymous source told TechCrun
Source: yahoo.com