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Auth0 Raises $2.4M

Auth0, an identity-as-a-service solution, has secured $2.4 million in seed funds led by Bessemer Venture Partners with participation from K9 Ventures, Portland Seed Fund and NXTP Labs. The Auth0 solution allows any application or API running on any device, OS or software stack to authenticate with any identity provider. The company’s service is in use in 124 countries by more than 8,000 developers and IT managers in both small and large enterprises in the software, financial, media, security and consumer sectors, says Auth0.

[Image courtesy: Auth0]

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Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.