Wonderful said it will use its $550 million Series C funding to develop products faster, expand its FDE teams, and meet demand for its products.
This is Adobe’s second acquisition out of India after Rephrase.ai in 2023
The startup wants to do for IT infrastructure what Cursor did for software engineering.
Fambot is building an AI “chief of staff” to help families manage the emails, calendars, school updates, sports schedules, and other logistics of raising kids.
Newlight has raised a $9 million seed round and completed an 8,500-nautical-mile test run from Singapore to Ghana.
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“We raised at a peak, but sold at a fraction of that,” Unacademy co-founder and CEO Gaurav Munjal wrote. “I’m not going to dress these facts up.”
Magna’s investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the Indian battery-swapping firm.
Founded by a 20-year-old, Alteon is developing autonomous aircraft that hopes to harvest wind energy to stay aloft for several months.
The seed round for the app that provides real-time legal and policy guidance to officers was led by SignalFire and Las Olas VC.