Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications

As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learning and other artificial intelligence applications add even more complexity. Now a startup that has built technology to make that process move faster and more […]

Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]

Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation

Ascend Money, the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 billion. The Series C round was led by Charoen Pokphand Group, which is a major shareholder of Ascend Money, with participation from Bow Wave Capital Management and returning […]

Singapore-based logistics startup Ninja Van secures $578M Series E

Ninja Van, a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Investors include China’s Alibaba Group as well as existing investors DPDgroup’s GeoPost, Facebook co-founder Eduardo Savering’s B Capital Group, Monk’s Hill Ventures, and Zamrud, a sovereign wealth fund controlled by Brunei, based on its […]