Clothilde Goujard / Politico: Analysts warn that welcoming TikTok, Temu, and Shein to Ireland’s low-tax jurisdiction could backfire, as the country tries to reduce reliance on US tech giants  —  Analysts warn that welcoming TikTok, Temu and Shein to Dublin’s low-tax tech paradise could backfire.  —  DUBLIN — Maybe they didn’t get the notification. Lees verder op Tech Meme

Cate Lawrence / Tech.eu: Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+  —  Solarisbank is a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs. Lees verder op Tech Meme

Nana Shibata / Nikkei Asia: GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok’s acquisition of a ~75% stake in GoTo’s Tokopedia, on a net revenue of ~$933.6M  —  Superapp and ride-sharing company expects EBITDA breakeven this year  —  Indonesian superapp provider GoTo’s stock price … Lees verder op Tech Meme

Eduard Kovacs / SecurityWeek: Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR  —  Data security firm BigID raises $60 million in a growth round that brings the total to $320 million and values the company at over $1 billion. Lees verder op Tech Meme

Cate Lawrence / Tech.eu: Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+  —  Solarisbank is a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs. Lees verder op Tech Meme

Rishabh Jaiswal / Reuters: Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation  —  Chip firm Astera Labs (IPO-ASTB.O) on Tuesday set the pricing of its initial public offering (IPO) of 19.8 million shares at $36 apiece, aiming to raise around $712.8 million. Lees verder op Tech Meme