Asana raised about $200 million in a convertible debt offering, according to Bloomberg, with most of the money coming from its co-founder Dustin Moskovitz. The company, which sells collaboration software for companies, plans to go public later this year through a direct listing. Asana had been one of a number of high profile tech firms that, before the pandemic hit, was expected to go public...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI

Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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