Wonderful Raises $550M Series C, Valuation Surges to $5B in Six Months

·26 views

Startup Wonderful has closed a $550 million Series C funding round, more than doubling its valuation to $5 billion in less than six months. The round was led by Insight Partners, a prominent growth-stage investment firm. Several other notable investors participated, including Salesforce, Index Ventures, IVP, Vine Ventures, 9Yards, and Bessemer. The significant valuation jump highlights strong investor confidence in the company's growth trajectory.

Read the full story at TechCrunch

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Bill introduced in Congress to guarantee video game ownership for buyers

Rep. Ritchie Torres of New York's 15th district introduced the Power To The Players Act this week. The bill would direct the Federal Trade Commission to create rules ensuring that buyers own games they purchase rather than receiving a licensing agreement. Many modern games require a server connection, so they become unplayable when companies shut those servers down. Torres cited NBA 2K25 as a recent example, noting it is being delisted from storefronts and its servers will be shut down. The bill has been introduced but has not yet been passed.

0 comments Read more at The Verge

TechnologyTechCrunch ·

TechCrunch Mobility: Rivian’s next act

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it.

0 comments Read more at TechCrunch

TechnologyThe Verge ·

Lenovo's Legion Go S with SteamOS drops to $999.99 at Best Buy

Lenovo's Legion Go S running SteamOS is discounted to $999.99 at Best Buy, down from $1,579.99. It runs the same software as the $789 Steam Deck OLED but offers a larger eight-inch 1080p IPS screen with refresh rates up to 120Hz. The model also doubles the Deck OLED's memory and storage to 32GB RAM and 1TB, and uses a slightly faster Ryzen Z1 Extreme processor. The reviewer notes it is less powerful than the newer $1,299.99 Asus ROG Xbox Ally X20 but still a strong handheld option.

0 comments Read more at The Verge

TechnologyThe Verge ·

J Mascis Shares Lighter Side in Interview Wrap-Up

Dinosaur Jr. frontman J Mascis is known for his reserved stage presence and guarded interview style. The Verge reports that as its conversation with him was ending, Mascis became more relaxed. He spoke about his youth as a mini golf enthusiast, recalling a three-foot putt he had to win a tournament. The excerpt is cut off before the full account of what he said next.

0 comments Read more at The Verge