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UNICORN WATCH Explore the top startup funding and acquisition news from this week: Abnormal Security has raised $250 million in a funding round led by Wellington Management, boosting its efforts in the cybersecurity sector. Abnormal Security focuses on leveraging AI to protect enterprises from sophisticated email attacks. https://lnkd.in/gRWbMNSi Placer.ai has boosted its valuation to $1.5 billion after raising another $75 million. This funding will enhance their location analytics platform, which provides insights into foot traffic for various industries. https://lnkd.in/dB6HxFZC Stori, a Mexico-based fintech startup, has raised $212 million in equity and debt financing to expand its credit card offerings in the Latin American market. This funding will help Stori reach more underserved consumers in the region. https://lnkd.in/gDsXjpUV Thrive Capital has closed a new $5 billion VC fund, marking a significant commitment to supporting innovative startups across various sectors. This new fund aims to identify and invest in high-potential companies at various stages of growth. https://lnkd.in/eRXPNuA9

UNICORN WATCH Notable developments in startups this week with significant funding rounds and acquisitions: Cerebras Systems has confidentially filed for a U.S. IPO to capitalize on its AI chipmaking technology. Cerebras expects this move to strengthen their position in the AI hardware market. https://lnkd.in/gfyM3RFn Outpace Bio, a protein design startup, has secured $144 million to test treatments targeting solid tumors. This funding will accelerate their research and clinical trials. https://lnkd.in/gaA6_g-f Contextual AI raised $80 million for its model-enhancing technology to further innovate in the artificial intelligence landscape. This funding round reflects a strong interest in AI advancements. https://lnkd.in/ghwbghyT Breakthrough Energy Ventures, backed by Bill Gates, raised $839 million for a new fund to support innovative energy solutions, marking a significant commitment to sustainable technology. https://lnkd.in/gyMJAUWK Agrovision's Jumbo Blueberry Grower has achieved a $1 billion valuation in its latest funding round, highlighting the growing investor interest in sustainable agriculture and agritech. https://lnkd.in/gYd_8bCm

UNICORN WATCH: Big moves in startups this week with significant funding rounds and acquisitions: MNT-Halan has secured $157.5 million in a recent funding round and has acquired a fintech company in Turkey solidifying its regional presence. https://lnkd.in/gYTg5zvf Stripe continues to expand its portfolio by acquiring the payment processing startup Lemon Squeezy. This acquisition aligns with Stripe's vision to streamline payment processes globally. https://lnkd.in/gduubu94 Rapido, an Indian bike-taxi startup, has entered the unicorn club with a fresh $120 million funding round, reflecting strong investor confidence in the company's growth potential. https://lnkd.in/gUmpAjtb Altana, a company leveraging AI for global trade insights, has raised $200 million, elevating its valuation to unicorn status. This funding will support further technological advancements and market expansion. https://lnkd.in/gbRXFpvw

UNICORN WATCH: This week brings significant updates in the startup world with notable funding rounds and strategic shifts: Chainguard has raised $140 million in a Series C round led by Redpoint, Lightspeed Venture Partners, IVP, and existing investors. The company is now valued at $1.12 billion, showcasing strong investor confidence. https://lnkd.in/gtFYjtzg Applied Intuition Inc., a leading vehicle software maker, secured over $300 million in a secondary deal. This funding allows shareholders and employees to sell shares and gives VCs a larger stake in the $6 billion startup. https://lnkd.in/gAh3TyUz Astranis Space Technologies has fully funded its Omega satellite program with a $200 million Series D round. This milestone supports the continued advancement of their next-generation satellite technology. https://lnkd.in/gQiiF_hQ Revolut received its UK banking license, a significant achievement for the fintech company. This license will enable Revolut to expand its financial services in the UK. https://lnkd.in/gReG45ER Wiz ended talks with Google-parent Alphabet on a $23 billion acquisition and will now focus on an IPO. CEO Assaf Rappaport emphasized reaching $1 billion in annual recurring revenue. https://lnkd.in/ej66aDzx 

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UNICORN WATCH: Another exciting week of funding news highlights continued innovation and growth across various sectors. Here's a brief overview of the latest major funding announcements: Harvey, an AI-powered legal tech startup, closes a new deal with GV after its acquisition plans collapse. Despite setbacks, Harvey remains focused on leveraging AI to streamline legal processes. https://lnkd.in/gH889AE5 Runway, an AI video startup, negotiates a $4 billion valuation fundraise with General Atlantic. Runway's cutting-edge technology continues to attract significant investment as it aims to revolutionize video content creation. https://lnkd.in/gqj97NsB Magic, an AI-driven productivity tool, secures substantial funding, positioning itself as a new unicorn in the rapidly evolving AI space. With this capital, Magic Cognition plans to enhance its platform and expand its market presence. https://lnkd.in/etF9Su_7

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UNICORN WATCH: In a dynamic week of funding announcements, the tech sector appears to be thriving with significant investments propelling growth in HR tech, cybersecurity, and digital health. Here's a brief overview of the latest major funding announcements: SmartHR, Inc., a leading HR tech company from Japan, raises $140 million in a Series E round. Strong demand for HR technology boosts its ARR to $100 million, and the company aims to expand its market presence and enhance its product offerings. https://lnkd.in/gyMaKhf2 Abnormal Security reportedly reached $5 billion in valuation following its latest funding round. This cybersecurity firm continues to innovate in protecting enterprises from sophisticated cyber threats, positioning itself as a leader in the industry. https://lnkd.in/gu7Yq6Jy K Health, a digital primary care startup, raises $50 million in equity funding. The company plans to use this capital to develop its AI-driven healthcare solutions and expand its reach in the digital health market. https://lnkd.in/epaKXYdt Fetch, an app that lets customers scan receipts in exchange for rewards, secures a $50 million term loan provided by Morgan Stanley's private credit arm. After a challenging 2023 and achieving profitability in December, Fetch is preparing for potential pre-IPO financing next year.  https://lnkd.in/gvVJVES8

UNICORN WATCH Recent funding rounds have seen investments across health diagnostics, defense tech, fintech, and e-commerce sectors. Here's a brief overview of the latest major funding announcements: BillionToOne secured $130 million at a valuation of over $1 billion in a Series D led by Premji Invest. The health diagnostics company has reached over $125 million in ARR and reportedly plans to go public in 2025, targeting profitability by 2026. https://lnkd.in/gd-FeKhh Anduril Industries is in talks to finalize a $1.5 billion fundraise at a $14 billion post-valuation, co-led by Founders Fund and Sands Capital. The defense tech startup's revenue nearly doubled last year to $500 million. https://lnkd.in/gVk42RwZ Revolut is seeking a valuation of over $40 billion through a share sale, potentially making it Europe's most valuable startup. This represents a 20% increase from its 2021 valuation of $33 billion.  https://lnkd.in/g9KrJH9y Route raised $40 million at a $1.4 billion post-valuation in a Series C led by Hanaco VC. The company offers post-purchase tracking for online shoppers and collaborates with 13,000 brands worldwide. In 2023, its revenue hit $100 million. https://lnkd.in/gDbxv_nf

UNICORN WATCH Recent funding rounds have seen significant investments in various tech sectors, with notable deals in digital payments, cybersecurity, and AI. Here's a brief overview of the latest major funding announcements: Clip secured $100 million at a $2 billion valuation from Morgan Stanley and an undisclosed investor. The Latin American company, leading digital payments solutions in Mexico, will use the funding to continue growing in its home market. https://lnkd.in/g6ggYkEF Huntress locked up $150 million at a $1.5 billion valuation in a funding round led by Kleiner Perkins, Meritech Capital, and Sapphire Ventures. The cybersecurity company focuses on protecting small and mid-sized businesses that are often underserved and under-protected. https://lnkd.in/e3TXKnZ2 Semperis raised $125 million at a valuation of over $1 billion in a funding round led by J.P. Morgan and Hercules Capital. More than 90% of Fortune 100 companies rely on Microsoft's Active Directory, and Semperis specializes in IT security. https://lnkd.in/eS-7WZy5 Cerebras Systems has reportedly confidentially filed an IPO with regulators. The AI chip maker, a rival to Nvidia, aims to have its offering on the Nasdaq, possibly later this year. https://lnkd.in/gizykC44 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘳 𝘰𝘧𝘧𝘦𝘳 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴, 𝘢𝘯𝘥 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘛𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩𝘪𝘯 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘵, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘢𝘯𝘺 𝘷𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯𝘴, 𝘪𝘴 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘱𝘶𝘣𝘭𝘪𝘤 𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘭𝘪𝘯𝘬𝘦𝘥 𝘣𝘦𝘭𝘰𝘸, 𝘢𝘯𝘥 𝘩𝘢𝘴 𝘯𝘰𝘵 𝘣𝘦𝘦𝘯 𝘪𝘯𝘥𝘦𝘱𝘦𝘯𝘥𝘦𝘯𝘵𝘭𝘺 𝘷𝘦𝘳𝘪𝘧𝘪𝘦𝘥 𝘣𝘺 𝘏𝘪𝘪𝘷𝘦.