tech funding

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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European Startup Funding Falls as US Investors Pull Back
European Startup Funding Falls as US Investors Pull Back
November 28, 2023  |  Investments

Funding for European tech startups continues to fall as American investors shut off financing. That’s according to the annual State of European Tech report by...

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Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
July 16, 2023  |  Investments

Venture capital (VC) outfits are reportedly shrinking their megafunds after years of building them up. As The Wall Street Journal (WSJ) reported Sunday (July 16), these...

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