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Daniel Levi @ Startups News · 06/19/2024 20:12 EDT

Top venture funding news for today, June 19, 2024: Entro Security, Talkiatry, MeetRecord, Marigold, and Tandem AI

Good evening! Today’s news is lighter due to the Juneteenth holiday, a federal holiday in the United States commemorating the end of slavery. So, here are the top venture funding stories for June 19, 2024: Zilch raises $125M in debt ... Read more

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Startups News
Daniel Levi @ Startups News · 06/19/2024 12:05 EDT

London-based fintech startup Zilch raises $125M in debt financing ahead of potential IPO

Zilch, a London-based buy-now-pay-later (BNPL) startup, has secured £100 million ($125 million) in securitized debt financing from Deutsche Bank ahead of the highly anticipated public listing. Valued at $2 billion (£1.65 billion) as of last October, Zilch plans to use ... Read more

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Startups News
Nickie Louise @ Startups News · 06/19/2024 11:08 EDT

Microsoft to buy 8 million carbon credits from BTG Pactual in a largest carbon removal deal ever

Microsoft has secured millions of carbon credits from Brazilian investment bank BTG Pactual, marking the largest carbon removal transaction on record. In an announcement on Wednesday, BTG Pactual’s forestry division said it has reached an agreement to sell 8 million ... Read more

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Startups News
Nickie Louise @ Startups News · 06/19/2024 09:31 EDT

Nvidia is now the world’s most valuable company, surpassing Microsoft

In a stunning turn of events, Nvidia has unseated Microsoft to become the world’s most valuable company. This milestone comes just two weeks after Nvidia surpassed Apple to secure the second-most valuable company position. On Tuesday, Nvidia’s shares surged by ... Read more

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Startups News
Nickie Louise @ Startups News · 06/18/2024 19:23 EDT

Sonic secures $12 million in Series A funding to boost gaming on Solana

Sonic, the first gaming-focused layer-2 blockchain to launch on Solana, has secured $12 million in Series A funding. The round was led by BITKRAFT Ventures, with additional investments from Galaxy Interactive, Big Brain Holdings, and other notable firms. This latest ... Read more

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Startups News
Daniel Levi @ Startups News · 06/18/2024 18:52 EDT

Top venture funding news for today, June 18, 2024: Maxim AI, Huntress, Companion, Ramify, Hark, & Echion

Good evening! It’s been over a year since our last edition of the Top Startup News of the Day, and we’ve been hard at work behind the scenes to introduce a new feature: the Startup Directory. This tool allows you ... Read more

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Startups News
Daniel Levi @ Startups News · 06/18/2024 14:12 EDT

Amazon generated $140 billion in revenue from seller fees in 2023, putting small businesses on edge

In 2023, Amazon’s revenue from seller fees skyrocketed to a staggering $140 billion, marking a significant 25% of its total revenue. This surge in fees has placed immense pressure on small businesses, with 33% now on high alert due to ... Read more

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Startups News
Daniel Levi @ Startups News · 06/18/2024 13:09 EDT

AI startup You.com is raising $50M in funding to pivot from AI-powered search engine to AI assistant market

In 2021, we reported on You.com, an AI startup that raised $20 million in funding to take on Google with a more customizable search engine that summarizes web content. Three years later, You.com appears to be pivoting towards the AI ... Read more

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Startups News
Nickie Louise @ Startups News · 06/18/2024 10:21 EDT

Cybersecurity startup Huntress raises $150M in Series D funding; doubles its valuation to over $1.5 billion

Cybersecurity startup Huntress has secured $150 million in Series D funding to secure IT infrastructure and bolster security for small businesses and the service providers that support them. The round, led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire Ventures, ... Read more

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Startups News
Nickie Louise @ Startups News · 06/18/2024 09:48 EDT

AI startup Decagon emerges from stealth with $35M in funding to revolutionize customer service with AI

The gold rush for artificial intelligence shows no signs of slowing down as investors and VC firms pour billions into innovative generative AI startups. One of the latest beneficiaries of this funding wave is Decagon, a tech startup specializing in ... Read more

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