Crunchbase News (1 hour ago)
Slingshot Insurance, a Minneapolis-based AI-native embedded insurance startup, is emerging from stealth with $27 million in a seed funding round co-led by Rally Ventures and Skyward Group, it tells Crunchbase News exclusively.
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Xona, a California startup building a satellite navigation network in low Earth orbit, has raised $250 million at a $2.45 billion valuation. Steve Jurvetson’s Future Ventures led the Series D, Xona said on Thursday.
Nirva will ship its $249 ambient AI pendant by the end of the year.
DeepSeek has reportedly raised $15 billion in one of China’s largest funding rounds, just days after the US ordered federal agencies to remove its technology over national security concerns.
Spotify ended the third quarter with 306 million paying subscribers, up 9% from a year earlier, according to its third-quarter update, published on Thursday. Monthly active users rose 11% to 788 million. Revenue grew 16% to €4.97 billion, or 14% at constant exchange rates.
NordVPN’s running its Black Friday sale, and its Prime / Ultimate Max plan with Cyber Insurance it’s a must for business travelers working on the move.
In this guest article from Airrived co-founder and CEO Anurag Gurtu, he contends that Anthropic’s rapid revenue growth does not justify its proposed $2 trillion IPO valuation, given enormous infrastructure commitments, safety concerns, customer concentration and competition from cheaper open-weight…
A number of companies whose names might feature on a playlist of 2021 boom-era unicorns have sold to acquirers in recent months, including one-time highfliers like Airtable, Headspace and Miro.
As AI agents increasingly recommend and purchase products, brands must appeal to both machines and humans by documenting their voice, creating clear product descriptions and checking how AI summarizes their messaging.
Startup acquisitions can reshape employees’ finances and careers, with individual outcomes depending on a variety of conditions.
Crunchbase News spoke with James Kim, partner at Reach Capital, about how Reach’s education roots inform its broader strategy, what it saw in AI detection company GPTZero, and why some of its best investments initially divided its own team.
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