Venture Capital Fundraising news and trends

Flexport Bolsters its Position in Digital Freight with Convoy Acquisition
Acquisitions // November 01, 2023

San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media reports Wednesday (Nov. 1). This acquisition comes after Convoy recently announced the closure of its business due to financial difficulties...

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Logjam in Funding: Limited Runway for Startups Heading into 2024

January 05, 2024
Venture capital fundraising in the United States has reached its lowest level in six years, according to recent data. The annual fundraising figure for 2023 is on track to be the lowest since 2015, with a decline of more than 50% compared to the previous year, according to the Financial Times. The annual total raised […]