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Munich-based Helsing, which makes software for European militaries, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, for a €1.5B valuation (Financial Times) 14-09-2023

Financial Times: Munich-based Helsing, which makes software for European militaries, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, for a €1.5B valuation  —  €209mn deal is latest example of sector defying VC downturn amid Ukraine war, and rising tensions between China and west Lees verder op Tech Meme

How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion (Bloomberg) 14-09-2023

Bloomberg: How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion  —  Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son and provided a halo effect for his company. Lees verder op Tech Meme

Databricks raised a $500M Series I at a $43B valuation, after raising $1.6B at a $38B valuation in August 2021, ahead of an IPO, and reports 10K+ customers (Alex Wilhelm/TechCrunch) 14-09-2023

Alex Wilhelm / TechCrunch: Databricks raised a $500M Series I at a $43B valuation, after raising $1.6B at a $38B valuation in August 2021, ahead of an IPO, and reports 10K+ customers  —  Data analytics and AI software maker Databricks has raised a Series I round worth more than $500 million, earning a valuation of $43 billion. Lees verder op Tech Meme

Pixis, which offers AI tools for marketing campaigns, raised an $85M Series C1 led by Touring, taking its total funding to $209M, and reports $50M in ARR (Kyle Wiggers/TechCrunch) 14-09-2023

Kyle Wiggers / TechCrunch: Pixis, which offers AI tools for marketing campaigns, raised an $85M Series C1 led by Touring, taking its total funding to $209M, and reports $50M in ARR  —  Pixis, an AI-powered platform for brands to monitor and orchestrate their marketing campaigns, today announced that it raised $85 million … Lees verder op Tech Meme

How Arm, bolstered by success in architecture, licensing, and ecosystem, is looking to maintain a sustainable model by raising prices, not chasing market share (SemiAnalysis) 14-09-2023

SemiAnalysis: How Arm, bolstered by success in architecture, licensing, and ecosystem, is looking to maintain a sustainable model by raising prices, not chasing market share  —  Cheap If They Can Charge Qualcomm-like Royalties?  —  ∙ Paid  —  Arm’s success can be attributed to its innovative architecture … Lees verder op Tech Meme

Sources: Microsoft's proposal to split Teams off into a standalone app did not satisfy EU regulators, who are readying a formal complaint against Microsoft (Bloomberg) 14-09-2023

Bloomberg: Sources: Microsoft’s proposal to split Teams off into a standalone app did not satisfy EU regulators, who are readying a formal complaint against Microsoft  —  Microsoft’s recent proposal to split its Teams from a broader business software package and sell it to customers separately with an annual discount … Lees verder op Tech Meme