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...
Global mobility and urban services platform inDrive’s financing arrangement with General Catalyst has been expanded to $300 million. The company has secured an additional $150 million from General...
TravelPerk, a business travel management platform, has closed an additional $104 million investment led by SoftBank Vision Fund 2. This funding will be used to...
Artificial intelligence (AI) is reportedly gaining traction in the healthcare industry, with venture firms investing in startups that leverage AI to revolutionize patient care, drug...
Artificial intelligence (AI)-driven insurance company Lemonade has announced second-quarter 2023 earnings results, driven by a growing top line, oversubscribed reinsurance and acceleration in rate approvals....
In a challenging macroeconomic market that has led to a sharpened focus on belt-tightening, FinTech firms are under mounting pressure from investors to pivot from...
Federal regulators are reportedly sweetening the deal for two failed banks. The Federal Deposit Insurance Corporation (FDIC) is open to negotiating sharing losses if that...
Apollo Global Management is reportedly asking for backing for its bid to buy Silicon Valley Bank. The private equity firm has talked with Andreessen Horowitz,...
A group of venture capital firms is reportedly working to reclaim parts of Silicon Valley Bank. Companies in talks to preserve the failed bank —...