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Sources: Indian food delivery service Swiggy is raising $600M-$700M at a $10.5B valuation led by Invesco, up from $5.5B in April (Bloomberg)
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GlobalFoundries reports Q3 net revenue rose 56% YoY to $1.7B as profit reached $5M, up from a $293M loss YoY, in its first post-IPO earnings report (M
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Spain-based Jobandtalent, a marketplace matching temps with employers, raises a $500M Series E at a $2.35B post-money valuation led by Kinnevik (Natas
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Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash
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Foldable smartphone shipments reached a record 2.6M units in Q3, up 480% YoY, with Samsung accounting for 93% of shipments followed by Huawei at 6% (R
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South African talent marketplace OfferZen gets $5.2M to deepen European expansion
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Tage Kene-Okafor
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Sources: China plans to ban companies from going public on foreign markets through variable interest entities, closing a loophole used by its tech com
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Jobandtalent raises $500M Series E to keep scaling its ‘workforce as a service’ marketplace
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Natasha Lomas
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Q&A with Frances Haugen on becoming a whistleblower, leaving Facebook after moving to Puerto Rico due to health, Meta, plans to run simulated social n
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Sydney-based Harrison.ai, which uses AI-based tools to help improve the diagnosis process in health care, raises a $92.3M Series B led by Horizons Ven
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Fresh from a $10M round, Plan A launches SaaS tool for ESG reporting aimed at startups/VCs
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Mike Butcher
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As the "omicron" crypto token soars in value following news of the COVID variant, it is yet another example of how cryptocurrencies create artificial
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Qualcomm says it will integrate Google's Vertex AI NAS into its Neural Processing SDK, starting with Snapdragon 8 Gen 1, to automate the creation of A
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Maple VC locks down $16.5 million for its second seed-stage fund by waving the Canadian flag
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Sydney-based medtech startup Harrison.ai gets $129M AUD led by Horizons Ventures
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Catherine Shu
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PeopleFund, a South Korea-based P2P lending service, raises a $63.4M Series C led by Bain Capital, as it looks to beef up its ML-powered credit scorin
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Jack Dorsey joins other tech leaders who seem to have grown tired of managing their platforms, amid increasing political controversy and hard-to-fix p
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Simpl, a Bangalore-based buy now, pay later service, raises a $40M Series B led by Valar Ventures and IA Ventures, bringing its total funding to $83M
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Indonesia-focused AC Ventures closes oversubscribed $205M third fund
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Catherine Shu
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Sources: Kedar Deshpande is stepping down as CEO of Zappos, a year after replacing Tony Hsieh; Scott Schaefer, VP of finance, to take over as interim
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