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

Card Issuer Petal Seeks Buyer Amid Struggle for Capital
Card Issuer Petal Seeks Buyer Amid Struggle for Capital
November 19, 2023  |  Credit Cards

Credit card company Petal is reportedly seeking a buyer amid doubts about its viability. The company, which provides cards for consumers who are new to credit, is...

READ MORE >
Menlo Ventures Raises $1.35 Billion for Fledgling AI Firms
Menlo Ventures Raises $1.35 Billion for Fledgling AI Firms
November 16, 2023  |  Investments

Menlo Ventures has raised $1.35 billion to invest in artificial intelligence (AI) ventures. The new capital will be split between early-stage fund Menlo XVI and early...

READ MORE >
VC-Led Startup Safety Commitments Spark Debate Around AI Accelerationism 
VC-Led Startup Safety Commitments Spark Debate Around AI Accelerationism 
November 16, 2023  |  artificial intelligence

Artificial intelligence (AI) was no doubt the most pivotal technology of the past year. And it may just prove to be the most pivotal innovation...

READ MORE >
Coinbase Cuts Crypto Investment Amid Wider VC Pullback
Coinbase Cuts Crypto Investment Amid Wider VC Pullback
November 15, 2023  |  Cryptocurrency

Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. This pullback is part of a larger decline in investments...

READ MORE >
VC Firm Interplay Raises $45 Million for Software Companies
VC Firm Interplay Raises $45 Million for Software Companies
November 13, 2023  |  Investments

New York-based venture capital (VC) firm Interplay has reportedly closed its third fund, raising $45 million in capital commitments. The firm specializes in investing at...

READ MORE >
‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
November 13, 2023  |  IPO

The third quarter is newly in the rearview mirror. Earnings season still rolls on. The FinTech IPO Index, which chronicles the stock market performance of nearly...

READ MORE >
Investors Snatch Up Startups Rejected by VC Firms
Investors Snatch Up Startups Rejected by VC Firms
November 12, 2023  |  Startups

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...

READ MORE >
Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI
Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI
November 06, 2023  |  artificial intelligence

German startup Aleph Alpha has raised $500 million in a series B funding round, with support from major companies such as Bosch, SAP, and Hewlett...

READ MORE >
Early OpenAI Investor: Most AI Firms Won’t Make Money
Early OpenAI Investor: Most AI Firms Won’t Make Money
October 29, 2023  |  artificial intelligence

OpenAI is an artificial intelligence (AI) success story.  But one of its early investors says it is the exception in an overvalued sector, not the rule,...

READ MORE >