Thursday, March 23, 2023

South Korea-based luxury goods resale platform Kream raised a ~$168M Series C led by Altos Ventures at a ~$742M valuation, up from ~$306M in October 2021 (Kate Park/TechCrunch)

Kate Park / TechCrunch:
South Korea-based luxury goods resale platform Kream raised a ~$168M Series C led by Altos Ventures at a ~$742M valuation, up from ~$306M in October 2021  —  The startup funding environment is more challenging right now, but some companies and industries still draw investors' attention and money.



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...