venture 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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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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Coinbase Cuts Crypto Investment Amid Wider VC Pullback
Coinbase Cuts Crypto Investment Amid Wider VC Pullback
November 15, 2023  |  Cryptocurrency

Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. This pullback is part of a larger decline in investments...

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Databricks’ Value Could Reach $43 Billion in New Funding Round
Databricks’ Value Could Reach $43 Billion in New Funding Round
August 27, 2023  |  Data

Databricks is reportedly weighing a funding round that would value it at $43 billion. The software maker is in talks with T. Rowe Price, Reuters reported Friday,...

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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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Brex Raises $100M At $2.6B Valuation
Brex Raises $100M At $2.6B Valuation
June 11, 2019  |  Investments

Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 billion. In...

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Synapse Raises $33M As It Gears Up To Expand
Synapse Raises $33M As It Gears Up To Expand
June 07, 2019  |  Investments

Synapse, the startup that enables bank and FinTechs to create digital financial services, raised $33 million in venture funding. The Series B funding round was...

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Biz2Credit Raises $52M In Funding To Expand
Biz2Credit Raises $52M In Funding To Expand
June 04, 2019  |  Investments

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that...

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WorldRemit Raises $175M For Global Expansion
WorldRemit Raises $175M For Global Expansion
June 03, 2019  |  Investments

WorldRemit, the mobile payments company, announced Monday (June 3) that it raised $175 million in venture funding. In a press release, WorldRemit said the Series...

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