Convective Capital raises an $85 million fund to build disaster resilience
After launching to invest in fire tech, Convective is broadening its mandate to disaster resilience.
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Sam Altman makes ‘mic drop’ offer to every Y Combinator startup
Altman offered to have OpenAI invest in every single startup in this Y Combinator class: tokens for equity.
Fintech startup Parker files for bankruptcy
Parker, a well-funded startup offering corporate credit cards and banking services, has filed for bankruptcy and is widely reported to have shut down.
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.
Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says
Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO.