tech funding

OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
October 02, 2024  |  artificial intelligence

OpenAI has reportedly raised $6.6 billion in new funding, nearly doubling its valuation. The artificial intelligence (AI) startup is now valued at $157 billion, The...

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Apple Reportedly Exits OpenAI’s $6.5 Billion Funding Round
Apple Reportedly Exits OpenAI’s $6.5 Billion Funding Round
September 29, 2024  |  artificial intelligence

Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. That round is expected to raise up to $6.5 billion,...

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Insight Partners Prepares to Close $10 Billion Venture Capital Fund
Insight Partners Prepares to Close $10 Billion Venture Capital Fund
September 15, 2024  |  Investments

Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. As the Financial Times (FT) reported Sunday (Sept. 15), the...

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HIPstr Raises $100 Million to Combat Early-Stage Funding Drought
HIPstr Raises $100 Million to Combat Early-Stage Funding Drought
August 18, 2024  |  Investments

Early-stage investment operation HIPstr has closed its $100 million debut fund. The company, launched by private equity executives David Moross and Mark Bezos — half-brother...

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EU Tech Investment Blossoms After Two-Year Drought
EU Tech Investment Blossoms After Two-Year Drought
June 03, 2024  |  Investments

Tech investments in Europe are reportedly in bloom after a long fallow period. This turnaround is the subject of a report Monday (June 3) by...

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General Catalyst Reportedly Raises Nearly $6 Billion for Tech Firms
General Catalyst Reportedly Raises Nearly $6 Billion for Tech Firms
April 28, 2024  |  Investments

Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as...

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FIS Launches Networking Program for FinTech Startups
FIS Launches Networking Program for FinTech Startups
January 31, 2024  |  Startups

Financial services technology firm FIS has launched its 2024 FIS Fintech Hangout Series. The program, announced Wednesday (Jan. 31), connects FinTech startups, investors, financial institutions, FIS experts and...

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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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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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