Trail report · News
Hand-picked headlines on software, SaaS, AI and the tech job market. Short summaries, with links to the original reporting.
Anthropic filed to sell 825M shares at $70-$78 each, aiming to raise up to about $64.4B on Nasdaq under the ticker ANT. The target valuation sits above its last private mark but below what some bankers floated earlier.
via Tech.eu →
Austin-based Nominal closed a Series C led by Lightspeed, tripling its valuation in eight months. Its platform helps test complex hardware, with defence firms such as Anduril among its customers.
via TechCrunch →
Founder Stephen Ward is raising a fund about the size of his debut one, which made 14 investments including the SGNL sale to CrowdStrike for $740M, as early-stage security startups outraise later-stage peers.
via TechCrunch →
Twenty Indian startups raised a combined $255M between 2 and 6 November, up 96% week on week even as deal count fell 38%. Ecommerce was the top sector.
via Inc42 →
The deal at a $5.2B pre-money valuation lifts Axon's stake from about 15% to about 37% once tranches close.
via DroneXL →
Citing Bloomberg, the round has not closed and could reach about $20B, below an earlier $30B target. It is expected to wrap up within weeks.
via TechCrunch →