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Associated tags: Software, Professional Services, Finance, Data Management, Greenoak International School, Cryptocurrency

Coupang to Acquire the Business and Assets of Farfetch Holdings, Bringing the Future of Commerce to the $400B Global Personal Luxury Goods Segment

Retrieved on: 
Monday, December 18, 2023

Coupang, Inc. (NYSE: CPNG), a leading global retailer, today announced plans to acquire the business and assets of Farfetch Holdings plc, a top online luxury company.

Key Points: 
  • Coupang, Inc. (NYSE: CPNG), a leading global retailer, today announced plans to acquire the business and assets of Farfetch Holdings plc, a top online luxury company.
  • This acquisition positions Coupang as a leader in the $400 billion global personal luxury goods segment.
  • Coupang is also uniquely positioned to unlock Farfetch’s tremendous value for the vast personal luxury goods segment in South Korea, which has the world’s highest per-capita spending on personal luxury goods.
  • “Farfetch is a landmark of the luxury landscape and has been a transformative force in demonstrating that online luxury is the future of luxury retail,” said Bom Kim, Founder & CEO of Coupang.

Rhythms Secures $26 Million in Seed Funding to Revolutionize Organizational Performance and Transform the Future of Work

Retrieved on: 
Thursday, December 7, 2023

Rhythms is developing a first-of-its-kind AI-powered Operating System to transform the future of work, enabling every organization to achieve best-in-class performance and productivity.

Key Points: 
  • Rhythms is developing a first-of-its-kind AI-powered Operating System to transform the future of work, enabling every organization to achieve best-in-class performance and productivity.
  • The system seamlessly integrates with existing tools and workflows, making it easy for teams to adopt and achieve higher productivity in every part of their work.
  • “The rise of AI and the continued popularity of hybrid workplaces are two of the defining trends of our time.
  • “Few people in the world have mastery of what drives organizational performance and the ability to develop remarkable software that enhances it.

Exafunction Raises $25 Million Series A Funding Led by Greenoaks

Retrieved on: 
Thursday, April 28, 2022

Today, Exafunction, a deep learning infrastructure company, announced a $25 million Series A investment, led by Greenoaks with participation from Founders Fund.

Key Points: 
  • Today, Exafunction, a deep learning infrastructure company, announced a $25 million Series A investment, led by Greenoaks with participation from Founders Fund.
  • They are also working to speed up the deployment of models at scale, improving performance for companies with latency-sensitive applications.
  • Before starting Exafunction, we saw first-hand the promise, but also the challenges of deploying these models in the real world.
  • Deep learning inference is the variable cost behind some of the most productive insights in the world, said Sreyas Misra of Greenoaks.

Payhawk Raises $112 Million in the Second Largest Series B in Central and Eastern Europe

Retrieved on: 
Tuesday, November 23, 2021

The Series B round is led by the San Francisco-based investor Greenoaks, who has a strong track record of investing in high-growth technology companies such as Gorillas, Robinhood, Stripe and Brex.

Key Points: 
  • The Series B round is led by the San Francisco-based investor Greenoaks, who has a strong track record of investing in high-growth technology companies such as Gorillas, Robinhood, Stripe and Brex.
  • Payhawk reduces the amount of manual work by combining those key elements in one platform and therefore acting as a one-stop-shop for finance teams.
  • Since its Series A round, transaction volume through the platform has increased by 663% and continues to grow at 45%+ month-on-month in October.
  • Its customer base consists of a mix of scale-ups and corporates in 27 countries across Europe, including A.T.U, Luxair, Flink, Viking Life and Wagestream.

Viz.ai Raises $50 Million Series B Round to Bring AI Powered Synchronized Stroke Care to More Patients

Retrieved on: 
Wednesday, October 23, 2019

Viz.ai, the developer of the first synchronized healthcare software (Viz) using artificial intelligence (AI), today announced a $50 million Series B funding.

Key Points: 
  • Viz.ai, the developer of the first synchronized healthcare software (Viz) using artificial intelligence (AI), today announced a $50 million Series B funding.
  • The funding round was led by Greenoaks with participation from Threshold Ventures, CRV along with existing investors GV and Kleiner Perkins.
  • Viz.ai has emerged as one of the most exciting and fastest growing healthcare companies in the artificial intelligence (AI) space.
  • This round of funding will enable us to expand the benefits of Synchronized Care to more disease states and geographies, democratizing the quality of health care globally, said Chris Mansi, CEO of Viz.ai.