Generative AI Video Platform Synthesia Raises $90 Million at $1 Billion Valuation
Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide.
Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide.
The tech startup sector has recently faced challenges due to rising interest rates, which have put pressure on valuations, especially for late-stage companies.
The Series B funding round for Remote, led by Accel, also saw participation from existing investors like Two Sigma, Sequoia, General Catalyst, Index Ventures and Day One Ventures.
As outlined by Chainalysis, the latest cash injection will be used to deepen its data advantage by covering more cryptocurrencies, and focusing on emerging niches including decentralized finance (DeFi).
Users of Lydia can now spend money in their account directly using a Visa debit card as a result of an upgrade of the platform. The app also allows users to generate a virtual card that’s accepted by Google Pay and Apple Pay.
In recent news, Vinted, a startup from Lithuania that allows people to sell and buy second-hand clothes, has raised $141 million.
Cloud platform and CaaS banking provider Deserve helps corporations to develop customized cards and special loyalty programs.
Through a new Series C funding round, American life insurance startup Ethos has successfully pulled in an additional $60 million investment, driving the company’s valuation all the to the neighborhood of $500 million.
Just recently, Fever, a startup which helps companies to plan events, has announced that they have raised $35 million. The funding round was led by Rakuten Capital and the funds will be used for further Fever expansion.
Slack became only the second big company, after Spotify, to invite a free-for-all in its shares on Wall Street. Rather than an IPO, it chose a direct listing, releasing its stock to trade freely and stating just a “reference” figure of $26 a share.