Strava, the popular fitness app, has achieved a valuation of $2.2 billion following a new funding round, which included debt financing. This marks a significant increase from its last valuation of $1.5 billion in 2020, providing a substantial boost to the company even as funding for fitness startups wanes.
We interviewed Andrew Ng, co-founder of Google Brain and Coursera, about his AI Fund. The fund emphasizes creating companies from the ground up and investing in startups it has helped co-found. Recently, it launched its second fund with backing from prominent corporate investors.
Though tariffs introduce complexity, they also open up new avenues for American startups, explains Raja Ghawi from VC firm Era Ventures. In this guest article, he discusses the firm's perspectives on tariffs and offers strategic advice to founders on how to adapt and succeed in this evolving environment.
In 2024, U.S.-based tech companies laid off at least 95,000 employees as part of mass job cuts, according to a Crunchbase News report. These reductions are expected to continue into 2025. The tracker highlights the latest companies implementing workforce reductions.
Crusoe Energy Systems, a startup based in Denver specializing in data center construction, has obtained $11.6 billion in combined debt and equity financing. The funds are allocated for the development of a substantial new data center in Texas, intended to support AI leader OpenAI.
Airwallex, a business payments platform, has successfully raised $300 million, elevating its valuation to $6.2 billion. The funding round consisted of $150 million in Series F investment along with an additional $150 million for secondary share acquisitions.
Recent tariff changes highlight the vulnerability in our supply chain systems, writes Laura Dow of CPG Sourcing. In this guest article, she outlines key strategic actions businesses can take to enhance the robustness of their supply chains amid ongoing trade instability.
Series B funding continues to embody the quintessential venture capital opportunity: a significant risk of failure paired with the potential for substantial returns. This analysis explores how startups at the Series B stage have performed over the last ten years, shedding light on the risks and rewards associated with this crucial phase of investment.
Jason Levin from Memelord Technologies highlights that for startups to capture public interest, being deeply engaged online is essential. In his guest article, he discusses strategies for startups to use memes effectively to 'trend-jack' and attract attention in the digital space.
While there is no formal degree requirement to start a venture-backed company, our latest annual analysis highlights that graduates from prestigious U.S. colleges and universities have a significantly higher chance of becoming successful funded startup founders.