Furo’s founders left Silicon Valley — and it’s paying off

The three 28-year-old founders behind energy startup Furo moved from Silicon Valley and back to Germany, and yet secured $4 million in funding from mostly U.S. backers. 

India’s Pocket FM doubles revenue run rate to $500M as AI powers 93% of audio content

Pocket FM uses AI to produce 99% of its new content, helping make content production about 80 times cheaper.

Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation

Bending Spoons is buying Miro for $1.36B, a huge dip in valuation for the workplace collaboration startup, which was valued at $17.5B in late 2021.

Google signs its biggest rice-methane carbon credit deal with Indian startup Mitti Labs

The four-year agreement will cover rice farms across three Indian states, reaching about 100,000 hectares at peak delivery.

Harvey hits $15.5B valuation, months after reaching $11B

The legal AI startup and VC darling has nearly doubled its valuation in nine months.

Uber invests $10M in Indian fleet operator Carrum at $168M valuation

Carrum Mobility operates about 5,100 vehicles in India and is Uber’s largest fleet partner for its premium Uber Black service in the country.

Sequoia doubles down on Cymphony as AI agents create new enterprise security risks

Cymphony was valued at more than $100 million in a $25 million Series A co-led by Sequoia and SMBC Fin Atlas Beyond Fund.

CloudNC raises $20M to automate manufacturing’s most pressing bottlenecks

UK-based manufacturing software startup CloudNC announced Wednesday a $20 million B extension round, bringing its lifetime total raised amount to $128 million.