Coinbase creates a new crypto lending service, Upwind raises $50M, Meta to stop promoting news content in Europe

Mujin, a Tokyo and Atlanta-based startup that develops AI-based software for industrial automation, raises $85M Series C, bringing its total funding up to $150 million - Link

Coinbase creates a new crypto lending service geared toward large investors. The platform was revealed in an SEC filing on Sept. 1, which showed $57 million had already been raised for the program - Link

Meta plans to stop promoting news content for people in the U.K., Germany, and France. The company will “deprecate” the news tab in these regions - Link

Upwind, an Israeli cybersecurity startup raises $50M, bringing its valuation to $300M. The company has raised $80M since it launched 11 months ago. Greylock Partners and Cyberstarts led this round. Upwind develops a security platform that protects cloud infrastructure in real-time - Link

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Apple announces the App Store for visionOS will be available later this year for developers - Link

SoftBank's Arm launches IPO courting T Rowe in $52bn valuation ask. The company also met with other potential investors on Tuesday, including Arlington, Virginia-based Sands Capital - Link

TikTok hires British cybersecurity firm NCC to audit its data controls and protections and provide independent verification as part of the company's data security regime, nicknamed "Project Clover" - Link

ThetaRay, an Israel-based payments startup, announced a $57M funding round led by Portage. Participation of existing investors includes JVP, OurCrowd and others - Link

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