tech:

taffy

Letgo Raises $100M

letgo

Letgo, a mobile app launched in 2015 for buying and selling items locally, has raised $100 million in Series A funding from Naspers. According to a statement released by the company, letgo has surpassed two million downloads, with users posting more than 500,000 listings and exchanging almost three million messages, resulting in a total gross merchandise value of over $25 million.

Letgo says it plans to launch an aggressive marketing campaign focused on U.S. consumers in the coming months. The company is headquartered in New York and Barcelona.

[Image courtesy: letgo]

Just in

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.