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Granola Raises $125 Million, Reaches $1.5 Billion Valuation

Granola, the innovative meeting transcription platform, has advanced its market position by raising $125 million in its Series C funding round. With leadership from Danny Rimer at Index Ventures and participation from Mamoon Hamid at Kleiner Perkins, the company’s valuation has surged from $250 million to $1.5 billion.

Funding Milestones And Investor Confidence

Existing investors, including Lightspeed, Spark and NFDG, joined the round. Total capital raised reached $192 million within one year. Investment supports product expansion and enterprise adoption. The company has not disclosed revenue figures.

Enterprise-Grade Transcription Solutions

Originally designed as a prosumer app for discreet meeting transcription, Granola has evolved to meet the needs of enterprise users. The platform now includes collaborative note-taking features and serves major companies such as Vanta, Gusto, Thumbtack, Asana, Cursor, Lovable, Decagon, and Mistral AI.

Advanced Workspaces And API Integrations

Granola introduced Spaces, a feature that allows teams to organize notes into folders with access controls. Feature targets internal collaboration and knowledge management. The company also launched two APIs. Personal API supports individual and business users, while enterprise API allows administrators to manage team-level data and integrate notes into workflows.

Addressing User Concerns And Future Directions

Co-founder Chris Pedregal said updates to data management follow user feedback on local storage and access. The company continues to develop its MCP server to improve note organization and sharing. Competition in AI meeting tools is increasing, with companies adding features such as automated summaries and CRM integration. Granola is expanding its product to support similar use cases.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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