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Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more
The New York Times reports that the funding brings Substack's valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million.
Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). Founded in 2017, Substack has gained popularity as a platform for creators and publishers to monetize their content. TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.
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