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New Delhi-based B2B commerce and financing startup OfBusiness raises a $325M Series G at a ~$5B valuation, after raising $200M at a $3B valuation in S
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Taptap Send, which provides cross-border remittances for underserved markets, raises a $65M Series B led by Spark Capital, following a $13.4M Series A
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Techmeme
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Facebook’s internal assessment of EU-US data transfers shows it has no legal leg to stand on, says noyb
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Natasha Lomas
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Real-time soil-testing AgTech startup Stenon raises $20M Series A funding round
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Mike Butcher
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Leaked docs: Facebook has not developed Finnish-language automated moderation for hate speech and other content, and employs just 11 moderators based
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Techmeme
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Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets
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Ingrid Lunden
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Spotify, Meta, and Netflix find Gen Z elusive in a way TikTok never has; Spotify says its Blend playlist feature is mostly used by Gen Z (Lucas Shaw/B
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Techmeme
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The Station: Cruise loses its head, Nio brings AR in the car, and Rivian expands to Georgia
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Kirsten Korosec
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Lapse, an app that lets you snap and ‘develop’ rolls of film with groups of friends, raises $11M from GV and others
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Ingrid Lunden
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Line to launch NFT service LineNext next year
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Kate Park
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Could Supernova be an ‘ethical alternative’ to the social media giants?
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Mike Butcher
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GDevelop wants to make game development accessible
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Romain Dillet
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India’s OfBusiness valued at $5 billion in $325 million funding
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Manish Singh
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Cars 24, an India-based marketplace for used cars, raises a $400M Series G, including $100M debt and $300M equity, led by Alpha Wave Global at a $3.3B
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Techmeme
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Microsoft's Phil Spencer says the success and growth of games like Minecraft show the ingredients required for the metaverse to shed its dystopian roo
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Bangalore-based Razorpay, a top payment processor in India whose products resemble Stripe's, raises a $375M Series F at a $7.5B valuation, up from $3B
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Techmeme
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India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth
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Ingrid Lunden
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Nigerian mobility-tech startup MAX bags $31 million in Series B round, set to expand across Africa, build EV infrastructure
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Annie Njanja
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Chinese AI company SenseTime, which focuses on computer vision, relaunches its $767M Hong Kong IPO, a week after the US investor ban and pulling the I
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Sources estimate ~20% of the world's bitcoin miners remain in China, moving operations underground and evading detection after the country's crypto mi
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