Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
Category: Start-ups
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‘Recession Resilient’ Climate Start-Ups Shine in Tech Downturn
Tech workers and investors are flocking to start-ups that aim to combat climate change.
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Anthropic Said to Be Closing In on $300 Million in New A.I. Funding
Anthropic specializes in generative artificial intelligence, a hot investment in Silicon Valley. The new funding could value the company at roughly $5 billion.
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Start-Up Raises $200 Million to Speed Up Drug Trials
New York-based Paradigm has raised a significant amount to simplify clinical trials. Its goal is ambitious, but its challenges are many, researchers say.
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Stripe Hires Investment Banks to Explore Public Listing
The payments processing start-up, one of the world’s most valuable private companies, could go public in the next year, people with knowledge of the matter said.
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Media Start-up Semafor Plans to Buy Out Sam Bankman-Fried’s Investment
Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency company fell apart and he was charged with crimes.
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British Battery Start-Up Files for Bankruptcy
The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.
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Getting Creative With Vacant Office Space: Storage, Gym, Film Set
Some landlords are skipping residential conversion and instead seeking alternatives that are cheaper and easier to manage.
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These Women Distillers Are Rising With the American Whiskey Boom
Before Dry January hits, Andrea Wilson of Michter’s and Nicole Austin of Cascade Hollow discuss how the expansion has affected them, particularly as women in a historically male industry.