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Despite the poor workweek in many locating , the last few days have been bone with great deal announcements and support word , although it is too early to tell apart how much was just on handgrip before the U.S. election .
Most interesting startup stories from the week
There are early signs that the U.S. IPO window may reopen , but allow ’s not get ahead of ourselves ; for now , we mostly have IPO in India , M&As , and not - so - great intelligence .
initial offering later : European scale - up Klarnaconfidentially filed IPO documentswith the U.S. Securities and Exchange Commission ( SEC ) . After ups and downs , the buy now , pay later ( BNPL ) society reportedly view its rating rise back to$14.6 billionearlier this yr .
initial public offering envy : Naspers - possess Prosus aims totake Indian fintech PayU public in 2025 . The Dutch investor looks to shift more focus to India , where quick - commerce companionship Swiggy just madea stellar IPO entry .
Dark entanglement monitoring : Cybersecurity unicorn Bitsight buy dark web security specialist Cybersixgillfor $ 115 million .
Moving the cursor : Anysphere , the inauguration behind popular AI - enabled code editor Cursor , acquire competition Supermaven , which had raised $ 12 million . Anysphere reportedly received unsolicited investiture offers at valuations of up to $ 2.5 billion .
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Out of power : Beleaguered barrage manufacturer Northvolt isselling some plus to Lyten , a Silicon Valley stamp battery inauguration , but it is unclear whether spate issue and other monetary value - cutting measure will be enough for the Swedish companionship to get through the approaching class .
Most interesting fundraises this week
Startups may plainly be rush to publicize their latest news program before Thanksgiving , but there were quite a few rounds announced this week , including some big ones .
Writing checks : Writer raiseda $ 200 million Series C roundat a $ 1.9 billion rating to expand its enterprisingness - focused productive AI platform .
Quiet backing : British AI startup Tessl opened up a waitlist and disclosed it raised$125 million to date . This admit a antecedently undisclosed seed round and a Series A. The latter was led by Index Ventures — at a $ 750 million post - money valuation , according to sources .
scale up : ScaleOps , a New York - based swarm pass direction company , closed a $ 58 million Series B funding roundled by Lightspeed Venture Partners that will help it grow its current 60 - someone headcount to more than 200 by 2026 .
Cash flow : Gallic fintech troupe Agicap secured$48 million in Series C fundingfor its cash - flow rate direction platform . The startup targets midsized companies and has 8,000 customers with around half of them in France .
Satellite servicing : U.S. startup Starfish Spaceraised a $ 29 million unit of ammunition of fundingled by major defense technical school investor Shield Capital . Its goal is to found three full - size artificial satellite servicing and review spacecraft in 2026 .
Most interesting VC and fund news this week
newfangled tiptop : VC business firm Altos Venturesraised $ 500 million for its latest fund , according to SEC filings . The Silicon Valley - based investor was an early backer of Coupang and Roblox .
Stepping down : The carbon monoxide gas - CEO of SoftBank Vision Fund , Rajeev Misra , willstep down from his leadership rolesafter a 10 - twelvemonth tenure and will no longer have an prescribed character at SoftBank , the company tell .
Last but not least
Station F , the iconic startup campus in Paris , bring out its top 40 startups of the year , and almost all of them — 34 , to be accurate — use AI . Hence Romain Dillet ’s forecasting : “ It ’s clear that every fresh startup live on onward will incorporate AI in some way . ”