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)

Bezos Invests in AI Startup Perplexity to Take On Google Search
Bezos Invests in AI Startup Perplexity to Take On Google Search
January 04, 2024  |  artificial intelligence

Can tiny artificial intelligence (AI) startup Perplexity take on Google in the search space? Jeff Bezos apparently thinks so. The Amazon founder is among the backers of the...

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Tech Startup Funding Falls to 4-Year Low
Tech Startup Funding Falls to 4-Year Low
January 04, 2024  |  Startups

Startups had a rough 2023, with the value of venture investments hitting a four-year low. As Bloomberg News reported Thursday (Jan. 4), investors spent the...

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Report: Anthropic 2024 Revenue Could Approach $1 Billion
Report: Anthropic 2024 Revenue Could Approach $1 Billion
December 27, 2023  |  artificial intelligence

Artificial intelligence startup Anthropic has reportedly forecast revenues of more than $850 million next year. That’s according to a report Tuesday (Dec. 26) by The Information, citing...

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Big Tech AI Spending Outweighs VC Investments
Big Tech AI Spending Outweighs VC Investments
December 27, 2023  |  artificial intelligence

New data shows that much of 2023’s artificial intelligence (AI) investing came from Big Tech. The mega deals by Amazon, Google and Microsoft this year...

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FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023  |  Business

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has...

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Revo Capital Launches $100 Million Effort for Turkish AI Firms
Revo Capital Launches $100 Million Effort for Turkish AI Firms
December 18, 2023  |  Investments

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...

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Harpoon Ventures Raises $125 Million to Support Startups
Harpoon Ventures Raises $125 Million to Support Startups
December 08, 2023  |  Investments

Early-stage venture capital (VC) firm Harpoon Ventures has closed a $125 million fund to support enterprise startups serving the public and private sectors.  “We’re thrilled to announce...

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Rent the Runway Co-Founder Jenny Fleiss Joins Initialized Capital
Rent the Runway Co-Founder Jenny Fleiss Joins Initialized Capital
December 07, 2023  |  Startups

Rent the Runway co-founder Jenny Fleiss has joined venture capital (VC) firm Initialized Capital as a partner. Fleiss brings to the firm a depth of experience and work ethic that...

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3,200 VC-Backed Companies Go Under in ‘Difficult Year’ for Startups
3,200 VC-Backed Companies Go Under in ‘Difficult Year’ for Startups
December 07, 2023  |  Startups

Investors in America’s tech startup sector are bracing for a collapse. That’s according to a report Thursday (Dec. 7) by the New York Times (NYT)...

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