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

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....

READ MORE >
Logjam in Funding: Limited Runway for Startups Heading into 2024
Logjam in Funding: Limited Runway for Startups Heading into 2024
January 05, 2024  |  Startups

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...

READ MORE >
Exponent Founders Capital to Invest $75 Million in Early-Stage Companies
Exponent Founders Capital to Invest $75 Million in Early-Stage Companies
January 04, 2024  |  Investments

Early-stage venture capital (VC) firm Exponent Founders Capital has launched and disclosed that it has raised $125 million to date. That total includes a new...

READ MORE >
Bezos Invests in AI Startup Perplexity to Take On Google Search
Bezos Invests in AI Startup Perplexity to Take On Google Search
January 04, 2024  |  artificial intelligence

Can tiny artificial intelligence (AI) startup Perplexity take on Google in the search space? Jeff Bezos apparently thinks so. The Amazon founder is among the backers of the...

READ MORE >
Tech Startup Funding Falls to 4-Year Low
Tech Startup Funding Falls to 4-Year Low
January 04, 2024  |  Startups

Startups had a rough 2023, with the value of venture investments hitting a four-year low. As Bloomberg News reported Thursday (Jan. 4), investors spent the...

READ MORE >
Report: Anthropic 2024 Revenue Could Approach $1 Billion
Report: Anthropic 2024 Revenue Could Approach $1 Billion
December 27, 2023  |  artificial intelligence

Artificial intelligence startup Anthropic has reportedly forecast revenues of more than $850 million next year. That’s according to a report Tuesday (Dec. 26) by The Information, citing...

READ MORE >
Big Tech AI Spending Outweighs VC Investments
Big Tech AI Spending Outweighs VC Investments
December 27, 2023  |  artificial intelligence

New data shows that much of 2023’s artificial intelligence (AI) investing came from Big Tech. The mega deals by Amazon, Google and Microsoft this year...

READ MORE >
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023  |  Business

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has...

READ MORE >
Revo Capital Launches $100 Million Effort for Turkish AI Firms
Revo Capital Launches $100 Million Effort for Turkish AI Firms
December 18, 2023  |  Investments

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...

READ MORE >