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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+ (Cate Lawrence/Tech.eu) 20-03-2024

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

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 (Nana Shibata/Nikkei Asia) 20-03-2024

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

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 (Eduard Kovacs/SecurityWeek) 20-03-2024

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

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+ (Cate Lawrence/Tech.eu) 20-03-2024

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

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 (Rishabh Jaiswal/Reuters) 20-03-2024

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