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Sources: Byju's raised $250M and is close to raising $700M at the $22B valuation the startup maintained over the past year, ahead of its subsidiary Aakash's IPO (Manish Singh/TechCrunch) 12-05-2023

Manish Singh / TechCrunch: Sources: Byju’s raised $250M and is close to raising $700M at the $22B valuation the startup maintained over the past year, ahead of its subsidiary Aakash’s IPO  —  Byju’s has raised $250 million and is close to securing about $700 million more, two people familiar with the matter said … Lees verder op Tech Meme

Tessera, the collective NFT ownership service that launched as Fractional with $20M in funding from Paradigm and others, plans to shut down (Rosie Perper/CoinDesk) 12-05-2023

Rosie Perper / CoinDesk: Tessera, the collective NFT ownership service that launched as Fractional with $20M in funding from Paradigm and others, plans to shut down  —  Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.” Lees verder op Tech Meme

Germany-based Wingcopter, a drone delivery startup for humanitarian supplies, raised €40M from the European Investment Bank, taking its total funding to €100M (Ingrid Lunden/TechCrunch) 12-05-2023

Ingrid Lunden / TechCrunch: Germany-based Wingcopter, a drone delivery startup for humanitarian supplies, raised €40M from the European Investment Bank, taking its total funding to €100M  —  Wingcopter, a startup out of Germany that has made a name for itself in the world of delivery drones used primarily … Lees verder op Tech Meme