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Temasek Leads Amber Group's $200M Series B+ Round, Valuing The Company At $3B

<p><span>Amber Group, a leading global digital asset platform, today announced a&nbsp;</span><span class="xn-money">$200 million</span><span>&nbsp;Series B+ round led by investment company Temasek, with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others. A significant follow-up to Amber Group's 2021&nbsp;</span><span class="xn-money">$100 million</span><span>&nbsp;Series B round, this Series B+ round is the largest investment in Amber Group, valuing the company at&nbsp;</span><span class="xn-money">$3 billion</span><span>. Total capital raised at Amber Group now stands at&nbsp;</span><span class="xn-money">$328 million</span><span>.</span></p>

China , Australia , Japan , United-kingdom , Switzerland , Japanese , James-rothschild , Dan-morehead , Michael-wu , Steven-ji , Service-organization-control , Amber-group

The 11 Largest NYC Tech Startup Funding Rounds of October 2021

The 11 Largest NYC Tech Startup Funding Rounds of October 2021
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Art Crowdfunding Platform Masterworks Raises $110 Million, Valuation Tops $1 Billion

Art Crowdfunding Platform Masterworks Raises $110 Million, Valuation Tops $1 Billion. | Crowdfund Insider: Global Fintech News, including Crowdfunding,

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The 16 Largest US Tech Startup Funding Rounds of July 2021

The 16 Largest US Tech Startup Funding Rounds of July 2021
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EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces News Chief Financial Officer


EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces News Chief Financial Officer
ACCESSWIRE
16 Jul 2021, 08:31 GMT+10
COLUMBIA, MO / ACCESSWIRE / July 15, 2021 / EquipmentShare, an equipment and digital solutions provider serving the construction industry, announces the completion of a $230 million funding round led by Tiger Global Management, The Spruce House Partnership and RedBird Capital Partners, with additional participation from Tru Arrow Partners and existing investors Romulus, Insight Partners and Anchorage Capital Group. These fundraising efforts provide capital for EquipmentShare to launch its core technology solution, T3, the operating system for construction, and expand its suite of technology solutions. This investment round also allows the company to increase its national footprint to better serve the needs of its customers.

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EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces Appointment of Former GE Capital Executive Trevor Schauenberg as Chief Financial Officer

EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces Appointment of Former GE Capital Executive Trevor Schauenberg as Chief Financial Officer
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EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces News Chief Financial Officer

EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces News Chief Financial Officer
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AI chipmaker Groq raises $300M in Series C round


AI chipmaker Groq raises $300M in Series C round
SHARE
Artificial intelligence and machine learning chip startup Groq Inc. said today it has raised $300 million in a new round of funding that brings its total amount raised to $367 million.
The Series C round was co-led by Tiger Global Management and D1 Capital, and also saw the participation of The Spruce House Partnership, Addition, GCM Grosvenor, Xⁿ, Firebolt Ventures, General Global Capital and Tru Arrow Partners. Previous investors TDK Ventures, XTX Ventures, Boardman Bay Capital Management and Infinitum Partners also participated with follow-on investments.
Groq has developed what it calls a “tensor streaming processors” that it claims is the fastest single-core chip in the industry, tailor-made for running AI training tasks. If the term “tensor processing” sounds familiar, that’s because Groq’s founders include a couple of key individuals, including Chief Executive Jonathon Ross, who helped design Google LLC’s Tensor Processing Units, which are custom machine learning chips used in Google’s cloud data centers.

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