Four funding announcements went out on October 29 and 30. Three were private rounds. The fourth, and by far the biggest, rang the New York Stock Exchange opening bell and then never traded. Collective, Wabi and AvalonX announced up to $165 million between them, debt included. OPay priced a $304 million IPO and pulled it the same day. The common thread in the three private … [Read more...] about Collective, Wabi and AvalonX Raise $165 Million as OPay Pulls Its $304 Million NYSE IPO on Debut Day
Startup Funding
Whop Raises $200 Million at a $5.1 Billion Valuation as Sequoia and Shopify Ventures Bet on AI-Run Creator Businesses
Whop has raised $200 million in a Series D round at a $5.1 billion valuation, led by Sequoia Capital and Shopify Ventures. It's the company's second $200 million raise this year. In February, Tether put in the same amount at a $1.6 billion valuation, which means the price has more than tripled in about eight months. Sequoia's Doug Leone is joining the board. Earlier backers … [Read more...] about Whop Raises $200 Million at a $5.1 Billion Valuation as Sequoia and Shopify Ventures Bet on AI-Run Creator Businesses