Lux Capital news and trends

Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
Acquisitions // July 14, 2023

Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence companies that has revived Silicon Valley investment activity. Databricks recently announced a $1.3 billion mostly stock deal to acquire AI...

Quick Reads
Venture Firms Backing More AI Startups in Healthcare Industry

September 01, 2023
Artificial intelligence (AI) is reportedly gaining traction in the healthcare industry, with venture firms investing in startups that leverage AI to revolutionize patient care, drug discovery and clinical note-taking. One such firm, Andreessen Horowitz, has been actively backing startups focused on improving medical care through AI tools, Bloomberg reported Friday (Sept. 1). For instance, they recently co-led a […]

Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat

July 14, 2023
Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence companies that has revived Silicon...