Peter Thiel's Founders Fund Raises $4.6B Amid Venture Capital Resurgence; Figma, Marshmallow, and More Make Waves

April 18, 2025
Peter Thiel's Founders Fund Raises $4.6B Amid Venture Capital Resurgence; Figma, Marshmallow, and More Make Waves
  • Chapter, a Medicare advisory startup co-founded by Vivek Ramaswamy, has also made headlines by raising $75 million at a valuation of $1.5 billion.

  • Conifer, which specializes in electric hub motors that do not rely on rare earth materials, has raised $20 million in seed funding from deep tech investors.

  • This week's startup landscape reflects a blend of optimism and challenges, highlighted by significant developments in IPOs, funding rounds, and overall market sentiment.

  • Meanwhile, British insurance startup Marshmallow has raised $90 million, achieving a valuation slightly above $2 billion while focusing on underserved customers.

  • In a demonstration of confidence amidst market volatility, design software company Figma has filed for an IPO.

  • In the realm of assistive technology, Phantom Neuro has raised $19 million to develop innovative devices enabling amputees to control prosthetic limbs.

  • Clean tech startup Arnergy has secured $15 million to enhance solar access in Nigeria, with backing from Bill Gates' Breakthrough Energy Ventures.

  • Peter Thiel's Founders Fund has successfully raised a substantial growth fund of $4.6 billion, signaling a notable shift from bearish to bullish market conditions in the venture capital landscape.

  • On a less positive note, BluSmart, an electric vehicle ride-hailing service in India, has suspended operations amid an investigation involving its co-founders by the Securities and Exchange Board of India.

  • In a strategic move to expand its capabilities, OpenAI is reportedly in discussions to acquire Windsurf for around $3 billion.

  • Ryan Breslow has returned as CEO of Bolt, unveiling a new 'super app' designed to compete with major fintech players like Coinbase and PayPal.

  • However, Rippling is facing complications in its lawsuit against Deel, primarily due to the CEO's recent relocation to Dubai, which has complicated legal proceedings.

Summary based on 1 source


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