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

inDrive Global Mobility Platform Raises $150M to Challenge Uber

inDrive Global Mobility Platform Raises $150M to Challenge Uber
inDrive Global Mobility Platform Raises $150M to Challenge Uber
February 20, 2023  |  Transportation

Global mobility and urban services platform inDrive has raised $150 million for its continued expansion. The firm, which was formerly known as inDriver, said in...

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VC Fundraising Dropped 65% Year-Over-Year in Q4
VC Fundraising Dropped 65% Year-Over-Year in Q4
February 20, 2023  |  Economy

Venture capital (VC) firms are having a harder time raising funds. The amount of money raised in new funds in the fourth quarter of 2022...

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Crypto’s Lapses Hold Big Industry Lessons
Crypto’s Lapses Hold Big Industry Lessons
February 16, 2023  |  Cryptocurrency

For the cryptocurrency industry to grow, sector foibles can’t keep looking so avoidable in retrospect. This, as a recent class action lawsuit filed in California...

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Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
February 14, 2023  |  Payment Methods

Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...

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Figure Technologies Cuts Funding Goal Amid Venture Capital Downturn
Figure Technologies Cuts Funding Goal Amid Venture Capital Downturn
February 06, 2023  |  Investments

Figure Technologies has reportedly cut its funding goal and may spin off some product lines. Bloomberg reported Monday (Feb. 6) that the startup building blockchain-based...

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Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow
Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow
January 26, 2023  |  Cybersecurity

Hawk AI has raised $17 million to boost its fraud prevention and anti-money laundering efforts. The Munich company announced the Series B on Thursday (Jan. 26), saying...

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Local Investors Drive Resilience of Africa’s Burgeoning Startup Scene
Local Investors Drive Resilience of Africa’s Burgeoning Startup Scene
January 26, 2023  |  Startups

Total funding invested into African tech startups hit $6.5 billion in 2022. That’s according to a report published by venture capital (VC) firm Partech this...

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African Startups Escape Global VC Funding Drought
African Startups Escape Global VC Funding Drought
January 24, 2023  |  Investments

While most startups struggled to find funding last year, African companies saw their fortunes improve. That’s according to a report published Tuesday (Jan. 24) by venture...

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