San Francisco-based Databricks lands $38B valuation

San Francisco-based Databricks lands $38B valuation

Business : San Francisco-based data and AI company Databricks hit a post-money valuation of $38 billion after raising a $1.6 billion Series H led by Morgan Stanley’s Counterpoint Global.

Meanwhile, athletic performance startup WHOOP has raised $200 million in a Series F funding round at a $3.6 billion valuation led by SoftBank Vision Fund 2.

More Updates :

The most common schools for BIPOC startup CEOs are the nation’s most prestigious and selective research universities, a review of Crunchbase data shows. Think Ivy Leagues, elite West Coast schools, and big public and private research institutions. In this article, we chart out top schools by number of graduates who are funded BIPOC startup CEOs.

A record number of Europe-based fintech startups are joining the unicorn ranks. Collectively, these companies have raised $22.6 billion to date—with more than half of that funding coming in this year alone—and are altogether valued at $178 billion. We look at the most highly valued and funded companies on the list and the top investors in Europe’s fintech unicorns.

Los Angeles-based Repeat has hit a major startup milestone since Crunchbase News last profiled it in July: the raise of its Series A. In this next installment of our Something Ventured series we catch up with co-founders Kim Stiefel and Sarah Wissel.

After hitting its first down month in May, Josh Fabian watched his startup Metafy bounce back and post big numbers this summer. Now the pressure will be on to top those numbers—and raise a Series A as we follow up with Fabian in this next installment of our Something Ventured series.

In partnership with Crunchbase, StartupBlink, a global startup and innovation research center, launched the Startup Ecosystem Rankings Index 2021. The 2021 Index ranks 1,000 cities and 100 countries worldwide, tracking both momentum and trends within the startup ecosystem since 2017.

Source : Crunchbase
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