VC

Venture capital is a type 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)

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...

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Sequoia Capital Reportedly Downsizes 2 Major Funds
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023  |  Investments

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes...

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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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Why Sony Venture Fund is Still Bullish on Robots, and Still Thinking About Gen AI
Why Sony Venture Fund is Still Bullish on Robots, and Still Thinking About Gen AI
June 15, 2023  |  Innovation

While some people dream of the future, others work their hardest to make it reality. The innovations that these entrepreneurs invent, build and bring to...

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Synthesia Joins Unicorn Club Amid Flurry of AI Investments
Synthesia Joins Unicorn Club Amid Flurry of AI Investments
June 13, 2023  |  artificial intelligence

British generative AI firm Synthesia has become a “unicorn” after raising $90 million. The company announced the Series C funding on its LinkedIn page Tuesday (June 13), saying...

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Has UK’s Cautious Approach to New Technologies Paid Off?
Has UK’s Cautious Approach to New Technologies Paid Off?
June 06, 2023  |  Fintech Investments

New York and London — two of the world’s leading business-destination cities and top global financial centers — have a “strong two-way flow in terms...

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Record VC ‘Dry Powder’ Could Go to AI
Record VC ‘Dry Powder’ Could Go to AI
June 04, 2023  |  Cryptocurrency

The recent boom in artificial intelligence (AI) has the potential to reshape the crypto industry. That’s according to a June 1 report by cryptocurrency exchange Coinbase, which notes...

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Virtual Reality Industry Excitement Said to Hit ‘Fever Pitch’ Ahead of Apple Launch
Virtual Reality Industry Excitement Said to Hit ‘Fever Pitch’ Ahead of Apple Launch
June 04, 2023  |  Metaverse

Will Apple’s planned mixed-reality headset lead to a virtual reality (VR) funding renaissance? That’s the hope of startups in the VR space, according to a Sunday (June...

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GetYourGuide Raises $194 Million for AI-Powered Travel
GetYourGuide Raises $194 Million for AI-Powered Travel
June 01, 2023  |  Travel Payments

German travel platform GetYourGuide has raised $194 million to expand into North America. The company announced the equity and credit financing Thursday (June 1), saying it would allow it...

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