Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing Director Cenk Bayrakdar told Bloomberg News in an interview Monday (Dec. 18), with a focus on firms that develop AI and...
This year’s rising interest rates have led venture capitalists to curtail their startup investments. However, this shift has led to a burgeoning new trend, the Financial Times (FT) reported Sunday (Nov. 12): investors who are raising enough to buy out the startups that venture capital (VC) firms...
European startups are reportedly rethinking expansion amid a venture funding drought. As the Wall Street Journal reported Tuesday (Aug. 22), the struggle to find financing has become the norm for these companies as investors seek safer investments such as bonds. The report, citing data from Pitchbook, says...
January 07, 2024
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. 7) report by the Financial Times (FT), would make Thrive — a major investor in OpenAI — one of few large growth funds pitching investors for more money. Sources tell the FT […]
December 18, 2023
Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing Director Cenk Bayrakdar told Bloomberg News...
November 12, 2023
This year’s rising interest rates have led venture capitalists to curtail their startup investments. However, this shift has led to a burgeoning new trend, the Financial Times (FT) reported Sunday...
August 22, 2023
European startups are reportedly rethinking expansion amid a venture funding drought. As the Wall Street Journal reported Tuesday (Aug. 22), the struggle to find financing has become the norm for these companies...
