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Former Bolt CEO Maju Kuruvilla’s startup triples to $100M valuation

January 8, 2026

Jagmeet Singh

TechCrunch

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### Exploring Maju Kuruvilla's Startup Journey with Spangle Maju Kuruvilla, the former CEO of Bolt, has made headlines with his new venture, Spangle. The company's recent success in raising fifteen million dollars in a Series A funding round has captured the attention of the tech world. This funding is a significant step for Spangle, which aims to enhance the online shopping experience using artificial intelligence. ### What Sets Spangle Apart Spangle is not just another startup in the crowded e-commerce space. Its unique selling point lies in its ability to create AI-generated shopping experiences. By leveraging advanced technology, Spangle aims to provide personalized recommendations that cater to individual consumer preferences. This approach could change how people shop online, making it more engaging and tailored. ### Key Insights into the Funding News The successful funding round brings Spangle's valuation to an impressive one hundred million dollars. This rapid valuation growth highlights the market's confidence in Kuruvilla’s vision and the potential of AI in retail. Investors are increasingly looking at companies that can harness technology to solve real-world problems. Spangle

Spangle has raised $15 million in a Series A round to expand its AI-generated shopping experiences.

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