Upgrade, which issues credit cards and personal loans, has raised $40 million in Series D funding at a valuation of $1 billion, the company announced on Wednesday. Santander InnoVentures, the venture arm of Spanish commercial bank Santander Group, led the round, with participation from existing investors Ribbit Capital, Union Square Ventures, Silicon Valley Bank and others. The San...
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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