Applied Intuition valued at $15 billion in latest fund raise (Reuters) -Applied Intuition secured a $15 billion valuation in a funding round where it raised $600 million, the automotive software supplier said on Tuesday, signaling a strong investment appetite for commercialized autonomous vehicle technology. The funding was co-led by BlackRock-managed funds and accounts alongside venture capital firm Kleiner Perkins. New investors included Franklin Templeton and Qatar Investment Authority, the company said. The funds will help Applied Intuition double down on investments in autonomous technology at a time when companies across the auto sector attempt to ramp up their push for self-driving cars. The Mountain View, California-based company, whose customers include Toyota (NYSE:TM) and Volkswagen (ETR:VOWG_p), also partnered with ChatGPT-maker OpenAI last week, aiming to leverage AI to personalize driving experience.

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Sandbridge Capital Invests In Hair Brand Everist Toronto-based Everist lands a new investment round led by Sandbridge Capital with participation from existing pre-seed investors.

Toronto-based Everist lands a new investment round led by Sandbridge Capital with participation from existing pre-seed investors.

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CreditRich Makes History: Black Woman-Owned Neo-Bank Opens $100M Series B Round at $1B Valuation CreditRich, the groundbreaking Black woman-owned neo-bank, has announced the opening of its historic $100 million Series B investment round at a $1… The post CreditRich Makes History: Black Woman-Owned Neo-Bank Opens $100M Series B Round at $1B Valuation…

CreditRich Makes History: Black Woman-Owned Neo-Bank Opens $100M Series B Round at $1B Valuation: CreditRich, the groundbreaking Black woman-owned neo-bank, has announced the opening of its historic $100 million Series B… #BlackWomenLead #NeoBank #FinancialInclusion #WomenInFinance #InvestmentRound

Puig-Backed Granado Acquires Care Natural Beauty Puig-backed Brazilian cosmetics company Granado has acquired 100% of local clean beauty brand Care Natural Beauty.

Puig-backed Brazilian cosmetics company Granado has acquired 100% of local clean beauty brand Care Natural Beauty.

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