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Linear, which makes project management software used by startups like Cohere and Ramp, raised a $35M Series B led by Accel, sources say at a $400M valuation (Alex Konrad/Forbes)

Alex Konrad / Forbes: Linear, which makes project management software used by startups like Cohere and Ramp, raised a $35M Series B led by Accel, sources say at a $400M valuation  —  The four-year-old startup founded by three Finns is already used by fellow startups like Cohere, Ramp and Runway.

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Munich-based Helsing, which makes software for European militaries, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, for a €1.5B valuation (Financial Times)

Financial Times: Munich-based Helsing, which makes software for European militaries, raised €209M led by General Catalyst; Saab paid €75M for a 5% stake, for a €1.5B valuation  —  €209mn deal is latest example of sector defying VC downturn amid Ukraine war, and rising tensions between China and west

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How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion (Bloomberg)

Bloomberg: How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion  —  Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son and provided a halo effect for his company.

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Databricks raised a $500M Series I at a $43B valuation, after raising $1.6B at a $38B valuation in August 2021, ahead of an IPO, and reports 10K+ customers (Alex Wilhelm/TechCrunch)

Alex Wilhelm / TechCrunch: Databricks raised a $500M Series I at a $43B valuation, after raising $1.6B at a $38B valuation in August 2021, ahead of an IPO, and reports 10K+ customers  —  Data analytics and AI software maker Databricks has raised a Series I round worth more than $500 million, earning a valuation of

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Pixis, which offers AI tools for marketing campaigns, raised an $85M Series C1 led by Touring, taking its total funding to $209M, and reports $50M in ARR (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Pixis, which offers AI tools for marketing campaigns, raised an $85M Series C1 led by Touring, taking its total funding to $209M, and reports $50M in ARR  —  Pixis, an AI-powered platform for brands to monitor and orchestrate their marketing campaigns, today announced that it raised $85 million …

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Lenders allege that Indian edtech giant Byju’s hid $533M in an obscure three-year-old hedge fund that once said it was based out of an IHOP restaurant in Miami (Bloomberg)

Bloomberg: Lenders allege that Indian edtech giant Byju’s hid $533M in an obscure three-year-old hedge fund that once said it was based out of an IHOP restaurant in Miami  —  – New lender suit seeks to recover cash from Camshaft Capital  — Hedge fund was founded just three years ago, lenders say

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How Arm, bolstered by success in architecture, licensing, and ecosystem, is looking to maintain a sustainable model by raising prices, not chasing market share (SemiAnalysis)

SemiAnalysis: How Arm, bolstered by success in architecture, licensing, and ecosystem, is looking to maintain a sustainable model by raising prices, not chasing market share  —  Cheap If They Can Charge Qualcomm-like Royalties?  —  ∙ Paid  —  Arm’s success can be attributed to its innovative architecture …

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Sources: Microsoft’s proposal to split Teams off into a standalone app did not satisfy EU regulators, who are readying a formal complaint against Microsoft (Bloomberg)

Bloomberg: Sources: Microsoft’s proposal to split Teams off into a standalone app did not satisfy EU regulators, who are readying a formal complaint against Microsoft  —  Microsoft’s recent proposal to split its Teams from a broader business software package and sell it to customers separately with an annual discount …

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HP unveils the Spectre Fold, a foldable PC that can be used as 17-inch tablet or laptop, or as a 12.3-inch laptop, weighing under 3lb, starting at $5,000 (Monica Chin/The Verge)

Monica Chin / The Verge: HP unveils the Spectre Fold, a foldable PC that can be used as 17-inch tablet or laptop, or as a 12.3-inch laptop, weighing under 3lb, starting at $5,000  —  Over the past few years, companies across the PC space have been engaged in a slow, but steady race to build

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