Silicon Valley Journals 
Orus Energy has raised €2.2 million in a pre-seed funding round to advance its platform aimed at decarbonizing the power grid. The funding will help the company enhance its demand-side flexibility platform, which enables commercial building operators to automatically adjust energy consumption during peak periods. By modulating the power usage of flexible equipment such as … Read more
Altrove, a French deeptech startup focused on creating sustainable alternatives for critical materials, has raised €3.7 million in pre-seed funding. This investment round was led by Contrarian Ventures, Emblem, and notable angel investors including Thomas Clozel, Julien Chaumond, and Nikolaj Deichmann. The funding will be used to accelerate the development of Altrove’s core technology, which … Read more
Polish startup Moniti has raised $450,000 (1.8 million PLN) to accelerate the development of its app for managing deskless teams. With over 80 percent of the global workforce consisting of deskless workers, Moniti provides companies with a solution to effectively organize work through a single app. This platform streamlines HR processes, team supervision, task delegation, … Read more
Granza Bio, a therapeutic delivery platform developer based in San Francisco, CA, has raised over $7 million in seed funding. The funding round was led by Felicis and Refactor, with additional participation from Y Combinator, Metaplanet, Zeno Ventures, Ritual Capital, Pioneer Fund, Oxford Angel Fund, North South Ventures, and individual investors such as Richard Aberman, … Read more
Cartken, a robotics navigation software startup originally from Germany, has raised a total of $22.5 million, including a recent $10 million financing round. The company’s autonomous navigation system is designed to operate in diverse environments, addressing the limitations of existing mobile robot solutions that struggle with transitioning between indoor and outdoor settings. Cartken’s software platform, … Read more
Delta Apparel Inc., the parent company of beachwear brand Salt Life and activewear label Soffe, has initiated Chapter 11 bankruptcy proceedings with plans to restructure its operations through asset sales. Key Points: Analysis: Delta Apparel’s decision to file for Chapter 11 bankruptcy comes amid industry-wide challenges including cost pressures from increased raw material prices and … Read more
Unacademy has laid off 250 employees in a restructuring move aimed at streamlining operations and enhancing business efficiency. CEO and co-founder Gaurav Munjal reassured stakeholders via a post on X, emphasizing that the company is focusing on long-term growth and profitability despite the layoffs. Munjal addressed circulating rumors, stating, “We are building Unacademy for the … Read more
OneStream Inc., backed by KKR (NYSE: KKR), has publicly filed for an initial public offering (IPO), revealing significant growth in revenue and a reduction in losses. According to its filing with the U.S. Securities and Exchange Commission, OneStream reported a net loss of $29 million on revenue of $375 million in the previous year. This … Read more
SeaWorld Entertainment Inc., wholly owned by The Blackstone Group L.P. (NYSE: BX), has filed for an initial public offering (IPO) aiming to raise $100 million. The exact number of shares to be offered and their selling price, as well as the IPO date, have not yet been determined. Managing the IPO are co-managers Goldman Sachs … Read more
Freshworks Inc., an India-founded software startup, has filed for an initial public offering (IPO) in the United States. The company, now based in San Mateo, California, aims to offer its customer-relations management software as part of a broader shift toward unified cloud services. The IPO filing on Friday lists the size of the offering as … Read more