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Monte Carlo raises $135M Series D at $1.6B price, showing that unicorn rounds are still a thing

TechCrunch

The simple answer is that Monte Carlo is growing quickly while not setting all its raised capital aflame. Because the company’s latest round — IVP led; prior investors participated — shows that it is still possible to raise nine figures at a fresh unicorn price today. How many unicorns meet that bar?

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Ferrari ruined its ‘Rendez-vous’ revival with digital image stabilization

The Verge

While there was zero chance Ferrari was going to recreate that rogue run through the City of Lights, the homage — which takes place in Monaco and features F1 star Charles Leclerc — is already being criticized for its soullessness. The thing that really kills it, though, is how smooth the footage is.

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Daily Crunch: GoMechanic lays off 70% after investors discover ‘founders knowingly misstated facts’

TechCrunch

PayPal Ventures buys now, hopes it will pay back later : Buy now, pay later company Tabby raises $58 million at a $660 million valuation as PayPal Ventures deploys its first investment into the GCC, Tage reports. Money for you : Amanda reports that Goldenset launches out of stealth to make equity investments in creators.

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Candela’s hydrofoiling electric boats attract $24M investment in a bid for cleaner seas

TechCrunch

The company has raised $24M to accelerate production of its existing small craft and a larger commercial one, in pursuit of cleaner and generally more future-proof waters. But while the company does hope to sell as many of these as possible to the Monaco and Dubai crowd, the bigger opportunity may be in public transport, of all things.

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