FORA HITS UNICORN STATUS WITH $60M SERIES D
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AI-powered travel agency Fora has reached a $1 billion valuation after closing a $60 million Series D funding round. Forerunner and Tactile Ventures led the investment.
■ MORE FROM THE STARTUPS DESK
Fora, an online platform serving travel agents, has raised $60 million in new funding at a $1 billion valuation. The capital will fund artificial intelligence tools designed to help travel advisers streamline and expand their operations.
Sheryl Sandberg has led a $10 million investment in an AI-powered vehicle inspection service. The startup uses smartphone scanning technology to detect vehicle damage for enterprise customers.
Andrew Dai, a former DeepMind researcher who contributed to foundational work behind ChatGPT, has secured a $300 million pre-seed valuation before launching a product. Dai is positioning visual AI as the next major frontier in artificial intelligence.
PDD Holding Inc. reported quarterly revenue growth below analyst expectations as intense domestic competition offset gains from its overseas Temu platform. The shortfall highlights mounting pressure on the e-commerce giant in its home market.