Tootfinder

Andreessen Horowitz raised $7.2B, with $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4% (Lizette Chapman/Bloomberg)
https://www.bloomberg.com/news/articles/20

Andreessen Horowitz Raises $7.2 Billion, Plans More for 2025
Andreessen Horowitz, one of Silicon Valley’s biggest venture capital firms, has raised $7.2 billion in new funding — a sizable haul after a rocky period for the startup world.

Un autre Maïdan ?
« Nous ne reculerons pas » : 30 000 manifestants en Géorgie après le vote de la loi sur « l’ingérence étrangère » - Le Parisien
https://www.leparisien.fr…

« Nous ne reculerons pas » : 30 000 manifestants en Géorgie après le vote de la loi sur « l’ingérence étrangère »
Les ministres des Affaires étrangères de l’Estonie, de l’Islande et de la Lituanie, en visite dans le pays, se sont joints au rassemblement dans la capitale, Tbilissi.

Don't miss today's packed Metacurity for the most critical infosec developments you should know, including
--North Korea has laundered $3.6 Billion in stolen crypto,
--Microsoft plugged 60 security flaws in latest Patch Tuesday update,
--Dell may have experienced a new breach,
--City of Helsinki hit with massive breach,
--Criminal offers INC Ransom source code for $300k,
--Iress client data leaked,
--Docs stolen from Sumo Energy shared on hacking forum following breach,
--Hackers partially drained hedge BlockTower Capital hedge fund,
--$20m stolen from Sonne Finance in minutes,
--Cypher Protocol developer admits insider theft,
--Parity Multisig Wallet hacker waits seven years to move funds,
--much more
https://www.metacurity.com/p/north-korea-laundered-36-billion-stolen-crypto

Sources: HR tech startup Rippling plans to close a Series F at a valuation as high as $13.4B, after a $200M injection plus $670M in shares sold by stockholders (TechCrunch)
https://techcrunch.com/2024/04/16/hr-s…

HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B | TechCrunch
Late stage HRtech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with

Bain Capital agrees to sell UK payroll software company Zellis, acquired in 2017, to Apax Partners; sources say the deal values Zellis at ~£1.25B (Bloomberg)
https://www.bloomberg.com/news/articles/2024-04-15/bain-to…

Bain to Sell £1.25 Billion UK Payroll Tech Firm Zellis to Apax
Bain Capital has agreed to sell UK payroll software company Zellis Group, whose clients include department store Harrods and carmaker Jaguar, to Apax Partners, according to a statement.

Bain: Indian startups raised $9.6B in 2023, down from $25.7B in 2022; over 35K Indian startups shut down in 2023 and leading startups laid off 20,000 employees (The Economic Times)
https://economictimes.indiatimes.com/t

Scaled startups could drive venture capital investment activity in 2024: report
During 2023, growth and late-stage startups chose to defer fundraising, and investors took their foot off the gas pedal owing to rising interest rates, leading to the number of mega rounds (those over $100 million) falling to only 15, compared to 48 in 2022.

Herlev, Denmark-based Flatpay, which offers payment services to retail shops, restaurants, salons, and more, raised a €45 Series B led by Dawn Capital (Ingrid Lunden/TechCrunch)
https://techcrunch.com/2024/04/16/flat

Flatpay rings up $47M to target smaller merchants with simple payment solutions | TechCrunch
As the world waits for $65 billion payments tech giant Stripe to go public, a wave of smaller startups continues to roll into the market to pick up more

In one of the most notable developments under its new CEO Richard Teng, Binance spun out Binance Labs, its $10B venture capital arm, earlier this year (Ryan Weeks/Bloomberg)
https://www.bloomberg.com/news/articles/20

Crypto Exchange Binance Spins Off Binance Labs Venture Capital Unit
Crypto exchange Binance quietly spun off its $10 billion venture capital arm earlier this year in one of the most notable developments yet of Chief Executive Officer Richard Teng’s four-month-old tenure.

Sources: Social Capital fired two of its partners after they tried to raise ~$2M from outside the firm for AI chipmaker Groq, which rankled Chamath Palihapitiya (Lizette Chapman/Bloomberg)
https://www.bloomberg.com/news/articles/20

Social Capital AI Startup Deal Led Palihapitiya to Fire Partners
Venture capital firm Social Capital suddenly fired two of its partners after they tried to raise outside money for an artificial intelligence startup — an endeavor that provoked the ire of the firm’s leader, high-profile investor Chamath Palihapitiya.

Source: Mistral is in talks with investors about raising several hundred million dollars at a $5B valuation, after raising $415M at a $2B valuation in Dec. 2023 (Kate Clark/The Information)
https://www.theinformation.com/articles/mi

Mistral, an OpenAI Rival in Europe, in Talks to Raise Capital at a $5 Billion Valuation
Mistral, a Paris-based startup developing artificial intelligence that is open source, has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, according to a person with direct knowledge. The company, which has just recently begun to generate ...