Tuesday, June 1, 2021

Red 6, which is developing an AI-powered AR system for airborne military combat training, raises $30M Series A led by Snowpoint at a $130M post-money valuation (Nat Rubio-Licht/Los Angeles Business ...)

Nat Rubio-Licht / Los Angeles Business Journal:
Red 6, which is developing an AI-powered AR system for airborne military combat training, raises $30M Series A led by Snowpoint at a $130M post-money valuation  —  Santa Monica-based Red Six Aerospace Inc. closed a $30 Million Series A round to fund the company's augmented reality training technology.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...