Silicon Valley Journals 
Whatfix, a global leader in digital adoption platforms (DAPs), has raised $125 million in a Series E funding round led by Warburg Pincus, with participation from existing investor SoftBank Vision Fund 2. This new round, secured at a significant premium, underscores Whatfix’s dominance in the DAP market and its expansion into adjacent offerings. With this … Read more
SEEN, the award-winning haircare brand developed by Harvard-trained dermatologist Dr. Iris Rubin, has successfully secured $9 million in a Series A funding round. This latest investment will fuel SEEN’s growth as a leading science-backed and clinically-proven beauty brand, strategically positioned at the intersection of billion-dollar markets, including haircare, sensitive skin, acne, eczema, dry scalp, and … Read more
Stellantis has announced the layoff of nearly 200 workers at its Sterling Heights Assembly Plant, citing “intense external market conditions.” According to United Auto Workers (UAW) Local 1700, the layoffs, which affect 177 supplemental employees and 14 full-time employees, will take effect on September 28. This development follows a series of workforce reductions by Stellantis, … Read more
Northvolt, the Swedish battery manufacturer, has announced significant layoffs, impacting approximately 1,600 employees across its operations in Sweden. This includes 1,000 positions at the main plant in Skellefteå, 400 in Västerås, and 200 in Stockholm, representing nearly a quarter of the company’s Swedish workforce. Despite strong overall momentum in electrification, Northvolt CEO Peter Carlsson emphasized … Read more
Skybox Labs, a Canadian game development studio and subsidiary of NetEase, has announced the layoff of 25 staff members due to ongoing challenges in the industry. In a statement shared on LinkedIn, the studio expressed that it had done its best to navigate these unprecedented difficulties but ultimately had to make the reduction. The studio … Read more
Bluebird bio, a pioneer in gene therapy, is undergoing a major restructuring, cutting 25% of its workforce as it battles to maintain operations. The biotech firm announced that nearly 100 employees out of its 375 full-time staff will be laid off as part of efforts to reduce cash operating expenses by about 20%. The cuts … Read more
Atomicwork, a leading modern service management platform, has successfully closed a strategic funding round of over $3 million, bringing the total seed funding to $14 million. The latest round was notably backed by more than 40 seasoned industry veterans, including prominent global Chief Information Officers (CIOs) and Chief Technology Officers (CTOs), reflecting strong confidence in … Read more
Meridian, a decentralized liquidity marketplace and liquid staking protocol built on the Movement blockchain, has successfully raised $4 million in seed funding. The financing round was co-led by ParaFi Capital and Borderless Capital, with additional participation from prominent investors such as Amber Group, Saison Capital, Interop Ventures, and Oak Grove Ventures. This significant investment underscores … Read more
Letta, a generative AI startup spun out of UC Berkeley’s AI research lab, has emerged from stealth with a $10 million seed round led by Felicis, with participation from Sunflower Capital, Essence VC, and notable angels including Jeff Dean of Google DeepMind and Clem Delangue of Hugging Face. The funding will support Letta’s mission to … Read more
Last week, HR startup Sloneek successfully raised $4 million in a funding round led by a group of prominent investors. This new capital will support the company’s ambitious plans for expansion into Western Europe, where it aims to further establish its presence and bring innovative solutions to the HR industry. Sloneek is already gaining attention … Read more