Latest news with #fundraise
Bloomberg
5 days ago
- Business
- Bloomberg
LMArena Secures $100M in Seed Funding Led by A16z
Anastasios Angelopoulos, LMArena CEO and Wei-Lin Chiang, LMArena CTO join Ed Ludlow and Caroline Hyde to discuss the company's latest fundraise and launch of a new UI experience built by community feedback. They discuss the need for AI progress through competition live from the Bloomberg Tech Summit in San Francisco. (Source: Bloomberg)
Reuters
21-05-2025
- Business
- Reuters
Fintech Airwallex valued at over $6 billion in latest funding round
May 21 (Reuters) - Payments firm Airwallex said on Wednesday it was valued at $6.2 billion in its latest fundraise of $300 million. The round, which included investors like Square Peg, DST Global, Lone Pine Capital and Blackbird, brings Airwallex's total funding to over $1.2 billion. Airwallex said that the added capital would be used to enter new markets and refine its technology.
Reuters
21-05-2025
- Business
- Reuters
UK's Revolution Beauty explores sale after takeover approach
May 21 (Reuters) - British makeup and skin care retailer Revolution Beauty (REVB.L), opens new tab said on Wednesday it was exploring a sale after it received a preliminary takeover approach. The move comes days after the company said it was reviewing its funding structure and mulling a fundraise from key shareholders after its annual sales slumped by more than a quarter. The company did not disclose the identity of the potential bidder. Revolution Beauty had a market capitalization of 16.6 million pounds ($22.3 million) as of Tuesday's close. ($1 = 0.7435 pounds)
