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...
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...
September 11, 2024
Brazilian investment firm Upload Ventures is reportedly upping its artificial intelligence (AI) investments while avoiding credit FinTechs. That’s according to a Bloomberg News interview Wednesday (Sept. 11) with Carlos Simonsen, co-founder and managing partner of the venture capital (VC) firm. “There are a lot of opportunities in AI as a productivity facilitator in several processes […]
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...
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...
