Friday, June 10, 2022

After delivery startup Gorillas raised $1B in October, sources say it is drastically cutting costs, reducing staff benefits, and considering closing warehouses (Aggi Cantrill/Bloomberg)

Aggi Cantrill / Bloomberg:
After delivery startup Gorillas raised $1B in October, sources say it is drastically cutting costs, reducing staff benefits, and considering closing warehouses  —  After Germany's rapid food delivery startup Gorillas Technologies GmbH closed a $1 billion funding round last October …



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London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...