Venture Capital

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Source: en.wikipedia.org

Elon Musk’s xAI Aims to Raise $6 Billion
Elon Musk’s xAI Aims to Raise $6 Billion
January 26, 2024  |  artificial intelligence

Elon Musk’s AI startup, xAI, is reportedly in talks with investors worldwide, aiming to raise $6 billion in funding to compete with Microsoft-backed artificial intelligence...

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Investment Firm Plural Launches $436 Million Fund to Support European Startups
Investment Firm Plural Launches $436 Million Fund to Support European Startups
January 23, 2024  |  Investments

Venture capital firm Plural has launched a 400 million euro ($436.4 million) fund to support technology and AI startups in Europe, CNBC reported on Tuesday (Jan. 23). The...

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Visa Canada and Plug and Play Partner to Support FinTechs
Visa Canada and Plug and Play Partner to Support FinTechs
January 22, 2024  |  Fintech Investments

Visa Canada will support the entrance of accelerator and venture capital (VC) firm Plug and Play into the Canadian FinTech market. This collaboration will enable Canadian FinTechs to...

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Report: Secondary Startup Market Booms as Investors Sell
Report: Secondary Startup Market Booms as Investors Sell
January 17, 2024  |  Investments

Investment firms are reportedly raising billions to purchase stakes in venture capital (VC)-backed tech startups. “The main exit for VCs is primarily IPOs and M&A [mergers and...

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Exponent Co-Founder Eyes B2B Startups Riding ‘Growth Curves’
Exponent Co-Founder Eyes B2B Startups Riding ‘Growth Curves’
January 11, 2024  |  Investments

Mahdi Raza, co-founder and co-managing partner of Exponent Founders Capital, told Karen Webster that the landscape is changing for investors eyeing the digital transformation of...

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VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
January 10, 2024  |  Cryptocurrency

The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital...

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SVB Financial Group and Creditors Aim to Form New Company
SVB Financial Group and Creditors Aim to Form New Company
January 09, 2024  |  Banking

SVB Financial Group, the former parent company of Silicon Valley Bank, has made progress in its bankruptcy case by reaching a deal with key creditors....

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Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
January 08, 2024  |  Investments

Maalexi has raised $3 million in a Pre-Series A funding round to continue building its cross-border trade platform for small agribusinesses. The platform connects buyers...

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OpenAI Backer Thrive Capital Plans $3 Billion Fundraise Amid Tech Downturn
OpenAI Backer Thrive Capital Plans $3 Billion Fundraise Amid Tech Downturn
January 07, 2024  |  Investments

Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan....

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