Uzbekistan fintech Uzum has reached a $2.3 billion valuation — about 53% higher than just seven months ago — as investors place growing bets on the country’s emerging digital economy. The valuation stems from a $131.5 million investment led by sovereign wealth funds from Oman, with participation from existing investors including Tencent, VR Capital, and … Read more
Nominal on Thursday announced a fresh $80M Series B extension round at a $1 billion valuation, led by Founders Fund. This followed the company’s $75M Series B round led by Sequoia in September. Nominal offers software that helps hardware engineers test their designs and began as a picks-and-shovels type of startup for the defense industry. … Read more
Palmer Luckey’s defense-tech company is in the middle of a multi-billion-dollar funding round led by Thrive Capital and Andreessen Horowitz, according to a new report from the Wall Street Journal. The funding round would come less than a year after the company’s Series G, which closed in June with $2.5 billion against a $30 billion … Read more
Bengaluru-based Pronto, is helping to bring India’s largely informal domestic help market online. As daily bookings climb and its city footprint expands, investors are opening their wallets. The startup said Tuesday that it raised a $25 million Series B round led by Epiq Capital, valuing the nine-month-old company at $100 million. That’s more than double … Read more
Broadcom Inc. (NASDAQ:AVGO) is included among the Goldman Sachs Dividend Stocks: Top 14 Stock Picks. TD Cowen Adjusts Broadcom (AVGO) Valuation, Highlights Long-Term AI Tailwinds Photo by NeONBRAND on Unsplash On February 24, TD Cowen lowered its price recommendation on Broadcom Inc. (NASDAQ:AVGO) to $405 from $450. The firm maintained a Buy rating on the … Read more
Another year, another Stripe tender offer where investors buy shares from employees that values the company at an enormous step up. On Tuesday, Stripe announced that this latest secondary transaction now values the company at $159 billion. Investors buying the shares include Thrive Capital, Coatue, Andreessen Horowitz, and Stripe itself. In February 2025, Stripe announced … Read more