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Top story Revolut confirms $115B valuation after secondary share sale, prepares US bank launch

The fintech giant's valuation jumped 53% in a secondary sale led by Glade Brook, Coatue and T. Rowe Price as it moves toward a US banking license.

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AI inference startup fal raises $1.3B Series F at $16B valuation, doubling its value

Bessemer led the round with participation from NVIDIA, Sound Ventures and T. Rowe Price as demand for generative media inference surges.

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Canva lays off over 1,200 staff, cutting 22% of workforce amid slowing growth

The design software company says it is facing its hardest year yet as growth decelerates.

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Salesforce acquires AI startup Cresta for $2.7 billion

The deal adds conversation intelligence technology to Salesforce as it continues spending on AI amid a market selloff.

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Sequoia to close London office and cut its Europe team

The move marks a pullback by one of Silicon Valley's most prominent venture firms from its European operations.

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India's EloElo raises $80M Series C led by NBCUniversal for microdrama push

The round values the short-drama platform as its StoryTV app reports more than 33 million monthly active users.

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CrowdStrike to pay nearly $500M for AI security startups Fiddler AI and Dreadnode

The acquisitions target AI agent observability and automated AI security testing as demand to secure agents grows.

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Traversal raises $120M Series B at $1B valuation for AI site reliability engineering

The autonomous SRE startup helps engineering teams find the root cause of production outages.

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Northwood Space raises $375M at $2B valuation for satellite ground stations

The Ex-Disney star's startup was backed by a16z and DFJ Growth to expand satellite infrastructure rather than build rockets.

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Reed Jobs's Yosemite raises $350M second fund targeting cancer therapies

The fund continues the biotech investor's mission to make cancer non-lethal.

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Peppermint Robotics raises Rs 100 Cr in pre-Series B led by Pi Ventures, Crane

The IIT Bombay cleaning robot maker operates across nine countries and will use the funds to expand industrial automation.

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India tech funding hits 12-month low of $592M in October as late-stage plunges 72%

Late-stage funding saw a steep decline even as total monthly funding fell to a year low.

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