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This month on Crunchbase

Leadership Hire
Professor Mohamed Yakub Janabi appointed World Health Organization (WHO) Regional Director for Africa
Growth Prediction
It is possible that OpenAI will grow
Growth Insight
OpenAI raised $40 billion in a funding round led by SoftBank, valuing the company at $300 billion. This funding round marked the largest private tech funding round in history. The investment will support OpenAI's ongoing projects, including the development of AI technologies and infrastructure expansion. OpenAI's revenue is projected to triple to $12.7 billion in 2025, up from $3.7 billion in 2024, driven by the adoption of its AI products, particularly ChatGPT. The company also reported a significant increase in its user base, reaching approximately 800 million users, with ChatGPT becoming the most downloaded app globally in March 2025, surpassing TikTok and Instagram. Additionally, OpenAI's ChatGPT service saw a 30% increase in revenue over three months, growing from $333 million to $415 million monthly, attributed to a rise in paid subscribers from 15.5 million to over 20 million. Despite these successes, OpenAI is facing financial challenges, projecting losses of $5 billion against revenues of $3.7 billion in 2024 due to high operational costs associated with its AI services.
Acquisition Prediction
It is possible that Anthropic will be acquired
Product Launch
World Health Organization (WHO) launches “Roda de Saúde”: A platform for dialogue on health in Angola
Growth Prediction
It is possible that Anthropic will grow
Investor Insight
Temasek Holdings invests in Series B, Series C, and private equity rounds in energy, financial services, and healthcare, with a focus on software, sustainability, and science across India, Singapore, and Australia.
Growth Prediction
It is possible that Perplexity will grow
Product Launch
Trading Platform eToro Adds 12 Tokens to US Platform Following SEC Settlement and IPO Push
Acquisition Prediction
It is possible that xAI will be acquired
Growth Insight
Anthropic raised $3.5 billion in a Series E funding round, achieving a post-money valuation of $61.5 billion. This funding round was led by Lightspeed Venture Partners and included participation from Bessemer Venture Partners, Cisco Investments, and others. The funds raised will be utilized to advance AI systems, expand computing capacity, and support international expansion. Additionally, Anthropic's annualized revenue reached $1.4 billion as of early March 2025, up from $1 billion at the end of 2024, indicating a 40% increase. The company also reported a 30% increase in revenue for 2025, driven by its AI chatbot Claude and API services. Furthermore, Anthropic is expanding its operations in Europe, focusing on hiring over 100 new employees in Dublin and London to enhance its presence in the region.
Growth Prediction
It is very likely that xAI will grow
Leadership Hire
Anrok Names Dan Burrill Company’s First Chief Revenue Officer
Funding Prediction
It is possible that xAI will raise funding
Investor Insight
A16Z GAMES Speedrun invests in seed to early-stage gaming, AI, and software companies, focusing on San Francisco, Los Angeles, and New York in the United States.
Growth Prediction
It is possible that Zepto will grow
Award
‘The Handmaid’s Tale’ Emmy Plans: Elisabeth Moss’ Surprise Directing Episode Choice, Alexis Bledel Goes for Guest Actress Despite New Rules (EXCLUSIVE)
Acquisition Prediction
It is possible that Nothing will be acquired
Growth Insight
Perplexity AI raised $500 million in its fourth funding round, tripling its valuation to $9 billion. The company experienced significant growth in its annual recurring revenue (ARR), which reached $80 million in January 2025, a 60% increase from $50 million in October 2024. Additionally, Perplexity AI's user base grew substantially, with daily queries increasing from 2.5 million to 20 million, and active users reaching 15 million as of March 2025. The company's Super Bowl marketing strategy led to a 50% increase in app installs, demonstrating effective engagement with users. Furthermore, Perplexity AI's market share in AI search increased from 2.7% to 5.8% in 2024, indicating its emergence as a notable competitor in the market.
Growth Prediction
It is possible that Nothing will grow
Partnership Announcement
Trump's Drive For Ocean Bed Mining Threatens Law Of The Sea
Growth Prediction
It is very likely that General Catalyst will grow
Investor Insight
European Innovation Coouncil Pathfinder invests in grant and pre-seed stages in CleanTech, Energy, and Renewable Energy sectors, focusing on Science, Engineering, and Sustainability across Croatia, Ireland, and Germany in Europe.
IPO Prediction
It is possible that Y Combinator will IPO
Leadership Hire
Societe Generale: the Board of Directors launches a co-option procedure of a woman Director
Growth Prediction
It is very likely that Y Combinator will grow
Growth Insight
CoreWeave reported a significant revenue increase of 737% in 2024, reaching $1.9 billion, up from $229 million in 2023. This growth was primarily driven by high demand for its AI services, with Microsoft accounting for 62% of its revenue. In its first quarter as a public company, CoreWeave reported revenue of $981.6 million, a 420% year-over-year increase, exceeding analyst estimates. Despite this revenue growth, the company faced financial challenges, reporting a net loss of $863 million for 2024 and an adjusted loss of approximately 60 cents per share in its first quarterly results as a public company. CoreWeave also completed a $1.5 billion IPO, pricing its shares at $40 each, which was below the initially expected range of $47 to $55. The IPO was supported by a $250 million investment from Nvidia, marking it as the largest U.S. tech IPO since 2021. Additionally, CoreWeave secured a $12 billion contract with OpenAI, further solidifying its position in the AI infrastructure market.
Growth Prediction
It is very likely that Tribe Capital will grow
Leadership Hire
Contentstack Appoints Josette Leslie as Chief Financial Officer to Fuel Market Expansion
Growth Prediction
It is possible that European Bank for Reconstruction and Development will grow
Investor Insight
ESA invests in seed-stage and grant-funded companies in AI, agriculture, and agtech, focusing on data, hardware, and software sectors across Bremen, Berlin, and London in Europe.
IPO Prediction
It is possible that Cohere will IPO
Legal Proceeding
Fortress' Power On VLSI Board Takes Spotlight At Trial's Start
Growth Prediction
It is possible that Honor will grow
Growth Insight
xAI acquired the social media platform X (formerly Twitter) in an all-stock transaction valued at $33 billion. This acquisition allowed xAI to integrate its advanced AI capabilities with X's extensive user base, enhancing user experiences and potentially unlocking new growth opportunities. Following the acquisition, xAI's valuation was reported at $80 billion. Additionally, xAI raised $6 billion in a Series C funding round, increasing its total funding to $12 billion, with participation from notable investors including Andreessen Horowitz and BlackRock. The funding supports xAI's expansion of its AI infrastructure and capabilities, particularly in developing its Grok AI chatbot, which saw a 10X increase in downloads and a 5X increase in daily active users after the launch of Grok 3. Furthermore, xAI's market share for generative AI tools grew significantly, reaching around eight million daily average visits by May 2025.
Growth Prediction
It is very likely that European Investment Bank will grow
Product Launch
Vinfast showcases the VF 6 right-hand drive for the first time at IIMS Surabaya 2025
IPO Prediction
It is very likely that European Investment Bank will IPO
Investor Insight
Pioneer Fund invests in pre-seed, seed, and Series A stages, focusing on artificial intelligence, software, and information technology across San Francisco, Munich, and Berlin.
Growth Prediction
It is very likely that Chainguard will grow
Product Launch
Flock’s Newest Police Tool Sparks Data Controversy
Acquisition Prediction
It is possible that Chainguard will be acquired
Growth Insight
Coinbase completed a $2.9 billion acquisition of Deribit, a leading crypto options exchange, positioning Coinbase as the world's largest crypto derivatives platform by open interest and options activity. This acquisition aimed to expand Coinbase's international presence and strengthen its institutional user base. In Q1 2025, Coinbase reported total revenue of $2.03 billion, reflecting a 24% year-over-year increase, although it missed analyst expectations of $2.1 billion. The company's transaction revenue fell almost 19% to $1.3 billion during the same period, attributed to softer crypto markets and lower fee rates. Additionally, Coinbase's adjusted net income decreased to $526.6 million in Q1 2025 from $679.2 million a year earlier, indicating a decline in profitability due to higher operating expenses. Despite these challenges, Coinbase's market share in the U.S. crypto exchange market remained strong at 66%, and the company gained market share in U.S. spot crypto trading, accounting for 69% in February 2025. Coinbase's stock was set to join the S&P 500 index on May 19, 2025, marking a significant milestone for the company and the cryptocurrency industry.
Growth Prediction
It is very likely that B Capital will grow
Product Launch
Hidden Road's New Service Lets U.S. Institutions Trade Cash-Settled Crypto Swaps
IPO Prediction
It is possible that Strava will IPO
Investor Insight
FasterCapital invests in seed to early-stage companies in AI, education, and event management, focusing on software and science sectors across Africa and Asia, including South Africa, Uganda, and Pakistan.
Growth Prediction
It is very likely that Strava will grow
Partnership Announcement
UK forms closer ties with European AI sector with new compute deal
Growth Prediction
It is very likely that Function Health will grow
Growth Insight
Zepto reported significant growth metrics, achieving an annualized gross order value (GOV) nearing $4 billion, which represented a nearly 4x increase year-over-year. The company also reported a 120% increase in operating revenue for FY24, reaching ₹4,454 crore, up from ₹2,025 crore in the previous fiscal year. Additionally, Zepto's sales surged by 200% on New Year's Eve compared to the previous year, and the Zepto Cafe service reached a milestone of 100,000 daily orders, indicating strong customer demand. Furthermore, Zepto's monthly active users increased from 6 million in May 2022 to 31 million in November 2024, showcasing substantial growth in its customer base. The company also created approximately 1.5 lakh jobs within 3.5 years, highlighting its impact on employment in India. Zepto successfully raised over $1.3 billion in funding across multiple rounds in 2024, further solidifying its position in the quick commerce sector.
Growth Prediction
It is possible that Writer will grow
Partnership Announcement
Blue Owl, Chirisa Technology Parks and PowerHouse Data Centers Announce Next Phase of $5 Billion Joint Venture Development Partnership
IPO Prediction
It is possible that BitGo will IPO
Investor Insight
Alumni Ventures invests in seed to early-stage companies in artificial intelligence, software, and information technology, focusing on San Francisco, New York, and Cambridge in the United States.
Growth Prediction
It is possible that BitGo will grow
Product Launch
LayerX Launches ExtensionPedia to Protect Individuals and Enterprises Against Malicious Browser Extensions
Funding Prediction
It is possible that Vectara will raise funding
Growth Insight
StepStone Group reported a revenue increase of 123.8%, reaching $339.02 million compared to the previous year, surpassing analysts' expectations of $225.96 million. The company also achieved a 65% increase in total revenues for the fiscal year ended March 31, 2025, rising from $711.6 million in 2024 to $1,174.8 million in 2025. Additionally, StepStone expanded its private wealth platform to $8 billion, indicating growth in assets managed for private wealth clients. The firm raised $705 million in capital commitments for its fourth tactical growth fund, focusing on growth equity investments, and completed the final closing of its fifth flagship fund, raising $3.77 billion for GP-led secondaries and recapitalizations of real estate vehicles. Furthermore, StepStone closed its inaugural infrastructure co-investment fund with over $1.4 billion in capital commitments, surpassing its target. The company outlined a 37% core FRE margin target and reported record quarterly and annual results, with fee-related earnings, FRE margin, and adjusted net income per share at their highest levels ever.
IPO Prediction
It is possible that Plug and Play will IPO
Legal Proceeding
Anthropic Declaration Partly Stricken Over AI Hallucination
Growth Prediction
It is very likely that Plug and Play will grow
Investor Insight
Upscalers invests in seed and angel rounds in software, personal health, and app sectors, with a focus on software, internet services, and data analytics across London, Paris, and Sint-martens-latem in Europe.
Growth Prediction
It is very likely that Protect AI will grow
Product Launch
Harmonic takes on the MDU broadband challenge with new node
Growth Prediction
It is very likely that Glean will grow
Growth Insight
The European Bank for Reconstruction and Development (EBRD) invested approximately €1.5 billion in Egypt in 2023, focusing on private sector development, green economy, and infrastructure upgrades. In 2024, the EBRD delivered over €800 million in investment in Serbia, marking a record number of projects. The EBRD also invested a record 16.6 billion euros in 2024, with Turkey as the top destination, focusing on private sector projects and green financing. The EBRD allocated €267 million to repair the M-06 highway in Ukraine, part of the E50 route, to support post-war reconstruction efforts. Additionally, the EBRD launched a programme to support Bulgarian startups, aiming to foster innovation and economic growth in Bulgaria. The EBRD is expanding its operations into West Africa by starting activities in Benin, Côte d'Ivoire, and Nigeria, aiming to support private sector growth and economic development in these countries. The EBRD plans to provide 1 billion euros to support Ukraine's energy sector, which has been affected by the ongoing conflict. The EBRD and the European Union are providing a financial package of up to €37.96 million to improve irrigation infrastructure in Kyrgyzstan, promoting sustainable water resource management and agriculture.
Growth Prediction
It is possible that World will grow
Leadership Hire
Billionaire tech entrepreneur joins non-dom exodus
IPO Prediction
It is possible that World will IPO
Investor Insight
Y Combinator invests in seed to early-stage companies in artificial intelligence, software, and information technology, focusing on North America and Europe.
Growth Prediction
It is possible that Boomi will grow
Leadership Hire
Exo® Announces Samsung Medison Strategic Collaboration and Welcomes Omar Ishrak to its Board
Growth Prediction
It is very likely that Spring Health will grow
Growth Insight
Honor reported a 50% increase in global sales during December 2024, driven by international expansion and AI technology investments. The company achieved a 10% market share in South Africa's smartphone market in Q1 2025, reaching the top three in unit sales and 17% in the postpaid segment. Additionally, Honor's smartphone volume in China increased by 3% year-over-year, boosting its market share to 16.7% due to the successful launch of the Magic 7 series. However, Honor's market share in the Chinese foldable phone market dropped from 20.6% in Q4 2024 to 9.1% in Q1 2025, indicating a significant decrease in customer adoption. The company also announced a $10 billion investment to transition into an AI device ecosystem company, aiming to enhance its AI capabilities and compete with major players like Apple and Samsung. This investment is part of its Alpha Plan, which involves a commitment to develop an AI-powered ecosystem over the next five years.
Funding Prediction
It is possible that Bluesky will raise funding
Legal Proceeding
Brown University president wins contract extension
Growth Prediction
It is very likely that Bluesky will grow
Investor Insight
EuroCC-Austria provides grants to companies in artificial intelligence, blockchain, and civic tech sectors, focusing on Dumfries, Dumfries and Galloway, United Kingdom, and Europe.
Acquisition Prediction
It is very likely that Bluesky will be acquired
Product Launch
Professor Layton And The Eternal Diva Anime Is Finally Available On Blu-Ray
Growth Prediction
It is possible that Replit will grow
Growth Insight
IonQ completed several strategic acquisitions to enhance its capabilities in the quantum computing industry. The company acquired Qubitekk for $22 million, which strengthened its position in quantum networking. Additionally, IonQ secured a controlling stake in ID Quantique through a share exchange, adding nearly 300 quantum networking patents to its portfolio, which now totals over 900 worldwide. IonQ also acquired Lightsynq Technologies, a Boston-based startup, to accelerate its quantum networking and computing roadmaps. In terms of financial performance, IonQ reported a revenue increase of 95% in 2024, reaching $43.1 million, and achieved a 102% year-over-year revenue growth in Q3, with revenue of $12.4 million. The company gained $95.6 million in new bookings in 2024, reflecting a 47% increase from the previous year. IonQ raised over $372 million through an at-the-market equity offering program, which was terminated after meeting its capital needs. Furthermore, IonQ secured a $54.5 million contract with the U.S. Air Force Research Lab, marking the largest known quantum computing contract award of 2024. Despite these positive metrics, IonQ reported a net loss of $0.93 per share in Q4 2024, which was larger than expected, indicating ongoing financial challenges.
IPO Prediction
It is possible that Replit will IPO
Legal Proceeding
Kuehn Law Encourages Investors of Integral Ad Science Holding Corp. to Contact Law Firm
IPO Prediction
It is possible that MoonPay will IPO
Investor Insight
Fortress Investment Group invests in debt financing, post-IPO debt, and equity in financial services, software, and fintech sectors, focusing on mature companies across the US and UK.
Growth Prediction
It is possible that MoonPay will grow
Partnership Announcement
Isotope Co. Makes Deals with TerraPower, Renergen Research Report
Growth Prediction
It is very likely that Nuveen will grow
Growth Insight
General Atlantic disclosed its involvement in various acquisitions, including the sale of Huda Beauty's fragrance business, Kayali, marking a change in ownership for the brand. Additionally, General Atlantic engaged in discussions regarding the potential sale of Claranova's PlanetArt division, valued at approximately $180 million, which included excess cash and intercompany loans and debts. The transaction was expected to close in the second quarter of 2025, subject to due diligence and regulatory approvals. Furthermore, General Atlantic reorganized its shareholdings in NuCom Group and ParshipMeet Group, indicating ongoing strategic adjustments within its portfolio. The company also planned an IPO, with an adviser joining to guide its strategy and growth plans.
IPO Prediction
It is possible that Nuveen will IPO
Product Launch
Multinational Insurer Aviva Goes Live with Reltio Data Cloud for Real-time Data Intelligence to Personalize Customer Experiences
Growth Prediction
It is very likely that Indigo will grow
Investor Insight
Form Ventures focuses on seed to early-stage investments in financial services, software, and healthcare industries, with a geographical focus on the UK and Ireland.
IPO Prediction
It is possible that Gemini will IPO
Partnership Announcement
Rice University partners with firm to find first naming rights sponsor for stadium
Growth Prediction
It is possible that Gemini will grow
Growth Insight
World reached 10 million verified users in its World Network, despite facing legal challenges. The company raised over $200 million in funding from investors including Andreessen Horowitz, Khosla Ventures, and LinkedIn co-founder Reid Hoffman to support its digital identity and payments platform. Additionally, World raised $135 million through a private sale of its WLD token to fund network expansion in the U.S. and globally. The company expanded into the US market, deploying Orb iris scanners in multiple cities, with plans to deploy 7,500 Orbs by the end of 2025. However, World halted its operations in Brazil, indicating a market contraction in that region.
Acquisition Prediction
It is possible that Nourish will be acquired