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Klarna revives IPO plans, aims to raise $1.27B
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: Swedish buy-now, pay-later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion.
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LayerX uses AI to cut enterprise back-office workload, scores $100M in Series B
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: This Japanese AI startup just raised $100M to cut businesses’ admin burden.
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U.S. and Indian VCs just formed a $1B+ alliance to fund India's deep tech startups
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: Eight U.S. and Indian VC and PE giants are teaming up to fuel India's deep tech boom.
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Murder at Burning Man turns Silicon Valley's desert playground into a crime scene
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: A homicide investigation has rocked the final days of Burning Man after a man was found dead "lying in a pool of blood" Saturday night at the Nevada desert festival, according to the Pershing County Sheriff's Office. According to the New York Times, the grim discovery occurred around 9:14 p.m. just as the festival's iconic wooden "Man" effigy began its traditional burn. The victim, described as a white adult male whose identity remains unknown, was found by a festival participant who flagged down a deputy.
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: Lovable specializes in helping people build apps and websites, especially people with no coding experience. It's one of the standouts in the popular AI category known as vibe-coding, which lets users guide AI models as they produce code, websites, or whole applications.
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: Runway is building up a robotics-focused team and fine-tuning its existing models for robotics and self-driving car customers.
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Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants
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: Indian e-commerce startup Citymall, which offers grocery delivery in tier 2 and tier 3 towns, has raised $47 million at a $320 million valuation — a price tag that's unchanged from its $75 million Series C three years ago. Investors in Citymall told TechCrunch that the prior valuation reflected a bullish market environment at the time, which explains why the valuation has remained unchanged despite the company's growth. However, they remain optimistic about the company's trajectory.
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: Seven Seven Six's Katelin Holloway represents non-technical VCs pouring billions into space startups, betting operational chops will trump aerospace degrees as the industry shifts from rockets to lunar mining and orbital manufacturing.
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