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This week was meddling for startups : While there were no IPO of note , there were other exits and even unusual liquidity events , as well as a significant number of funding round of various sizes and stages .
Most interesting startup stories from the week
This week bestow us M&As from serial purchaser , an passing option that may be reassuring for beginner still struggling with customer retention and backing headwind .
Scooped up : San Jose , California - establish inauguration Mainstreet.com became the latest fintechto get acquiredby workforce management company Employer.com , which is now valued at just northerly of $ 700 million .
Short on cash : Despite latterly impinge on a key development milepost , General Fusionlaid off at least 25 % of its employee , with CEO Greg Twinney explaining that the Canadian fusion power company was running out of money .
By Datadog : Datadogbought Eppo , a feature - flagging and experimentation platform that will now operate under the firebrand “ Eppo by Datadog . ” This comes shortly after itacquired AI - powered observability startup Metaplane .
Retention issues:11x Centennial State - founder Hasan Sukkarstepped down as CEOand was replaced by CTO Prabhav Jain . The AI startup came under scrutiny earlier this year for showing logos of companies that were not fighting customers , amid claims it was struggling with customer memory .
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Build or invest : Cartaacquired SimpleClosure , a inauguration brand itself as “ the TurboTax of shutting down . ” The fairness management startup antecedently discontinued a similar offering , called Carta Conclusions .
Small world : Two month after buying Moveworks , ServiceNowacquired Data . World , which had bring up more than $ 130 million in venture financing for its cloud - aboriginal data catalog and datum administration platform .
With conditions : A mathematical group of investor is consider injectinganother $ 30 millioninto ailing Indian drive - hailing startup BluSmart — as long as co - beginner Anmol Singh Jaggi agrees to submit .
liquid state : Sales mechanisation startup Clay took the unusual step of allow employee with at least one class of tenure tosell shares to existing angel Sequoia . The operation values the company at $ 1.5 billion .
Most interesting VC and funding news this week
Rounds this calendar week confirmed that AI is n’t the only affair that can attract VCs : The hope of a longer , healthier living — both for people and for batteries — can , too .
No boundary : NewLimit , the longevity startup found by Coinbase CEO Brian Armstrong , raiseda $ 130 million Series Bled by Kleiner Perkins to get eld - overthrow therapies .
Qonto rival : Finom , a neobank serving SMBs in several European countries , raised more or less $ 105 millionfrom General Catalyst to boost its growth .
boost by defense : Orca AI , whose autonomous navigation platform for merchant vessels has defense applications , fire a $ 72.5 million Series A , bringing its full funding to over $ 111 million .
Scanning : Ox Security , which scan for vulnerabilities in code , secureda $ 60 million Series Bled by DTCP that it will employ for growth and enlargement .
Crafty : Recraft , whose stealth image modeling beat OpenAI ’s DALL - E and Midjourney on a popular bench mark last year , get up a $ 30 million Series B led by Accel .
Bye , business organization card : Australian startup Blinq raiseda $ 25 million Series Ato make business posting obsolete and interchange them with digital alternatives with CRM consolidation .
Wisdom truth : WisdomAI , an AI inauguration hoping to serve deflect hallucination when delivering business sector insights , raised$23 million in an unusually large seed round .
More power : Breathe Battery Technologies , whose software system help oneself optimise and bode battery public presentation , raised a $ 21 million Series bleed by Kinnevik Online AB .
Coding setting : Unblocked , a company behind an AI - powered helper that answers contextual doubt about lines of codification , raised a $ 20 million Series Afrom B Capital and Radical Ventures .
Positive Energy Department : Bosch Ventures , the venture arm of Bosch , will keep on empower in cryptical technical school through itsnew $ 270 million fund , but with increase focus on North American startup .
Last but not least
As Athens - based VC house Marathon Venture Capital close its new fund with approximately $ 84 million in capital commitments , TechCrunchcaught up with partner Panos Papadopoulosto talk about how Greek startups are serving global markets , and more .
