Monday, March 29, 2021

Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round (Axios)

Axios:
Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round  —  Substack is raising $65 million in new venture capital funding that would value the company at around $650 million, Axios has learned.  Existing investor Andreessen Horowitz is leading the round.



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Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier (Bloomberg)

Bloomberg : Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared...