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Startups this week show more optimism than the rest of the world, and entrepreneurs feel confident enough to acquire other companies, raise new funds, or even say more about more money.
The most interesting entrepreneurial story of the week
Not four weddings and funerals, but almost.
Hinges: Hinge Health, a virtual physical therapy startup that uses technology to help treat chronic musculoskeletal conditions, Apply for disclosure And hopes to raise up to $500 million through this product.
enthusiasm: According to reports Plan to conduct an IPO In the next two years.
pick: Peak.ai is a startup established in Manchester, England that builds “decision-making” AI, Acquired by Uipathnow a public robotics process automation (RPA) company. Peak raised $121 million, including $75 million supported by SoftBank in 2021.
Butterfly effect: Manus is the “agent” AI platform launched by China’s start-up butterfly effect, Generates a lot of buzzingwhile some early users warn that it is not a panacea, Kyle Wiggers, a newly appointed AI editor at TechCrunch, wrote. But the butterfly effect still exists: browsers use, a tool that powers wrists, It is also spreading.
Ending: Swedish battery manufacturing starts Northvolt File for bankruptcy This week in Sweden. It had filed for Chapter 11 bankruptcy in the United States in November.
The most interesting VC and funding news of the week
There are many trades, but another week, the size of the turn won’t tell you the letter of the turn.
Same as above:San Francisco-based startups Series B raised $82 million Valuation in a currency of $462 million to ensure that company customers can access data on edge devices even if their connection is unstable.
Good karma: Nirvana, an AI-based insurance platform that uses telematics data to formulate and manage truck driver insurance policies, Raised $80 million in Series C funding Valuation in currency of US$830 million.
pair:Omni, a business intelligence platform that helps organizations better analyze their data and close $69 million B cycle. The company also expects annual regular revenue to triple this year, from nearly $10 million.
Set: Pentera is a cybersecurity startup founded in Tel Aviv but now based in Boston D, which cost $60 million At a valuation of more than $1 billion. It plans to use funds for mergers and acquisitions and product development.
Question zol: ZOLVE, a new unit of a skilled foreigner, without a credit record, Raised $51 million in equity For Series B round B. It also received $200 million in debt and plans to enter a new geographical location.
New name, new money: Estonia-based startup Blackwall, formerly known as Botguard, proposed a 45 million euros series B (approximately $49.2 million) Protect small and medium-sized businesses from malicious online traffic through mid-market hosting platforms and other service providers.
Predictive maintenance: Indian Startup Infinite uptime, thanks to a sensor-based predictive maintenance solution, the plant can help optimize the use of equipment, Raised $35 million in Series C funding round Expand to the United States and other markets.
Italians do better? Early Italian venture capital firm Vento is Launch a fund of 75 million euros Support Italian startup founders, including those living abroad. This is Vento’s second fund; its portfolio already includes about 100 startups.
last but not least
According to regular attendees, the Y group’s latest demo day marked a “change of atmosphere.” Terrence Rohan, an investor who has invested in Y Combinator since 2010, notes that it is common now that founders intentionally raise less funds, rather than because of lack of VC interest. This aroused about Is this a good idea?.
