Index Ventures Announces $23B Fund for AI Investments
“`html TLDR: Index Ventures has raised $2.3 billion to invest in AI companies in Europe and beyond. They believe that the era of quick buck mentality is over and are focusing on
Triangle Startup Investments Reach $804k in Q2 Funding
TLDR: Triangle Tweener Fund made 15 new investments totaling $804k in Q2 2024 New investments focused on a wide range of categories including consumer, FinTech, B2B SaaS, AgTech, and CleanTech The Triangle
Reducing LGBTQ+ bias in investing to minimize systemic risk
TLDR: Lack of representation of LGBTQ+ individuals in investing is a systemic risk that needs to be addressed. White House meeting focused on policies to increase funding for LGBTQ+ initiatives and improve
Private Equity Spurs 71% Job Growth in 2022
TLDR: Private equity-backed companies in Romania saw a 7.1% increase in job creation in 2022. The Romanian private equity and venture capital sector showed potential for growth despite challenges. The Romanian Private
Nala’s Series A round nets $40m funding boost
TLDR: Kenya-based remittance services provider, Nala, has secured $40m in a Series A funding round led by Acrew Capital. The funding will be used to expand its consumer business beyond Africa and
PFA Rule Reversal Drives Momentum in Asset Management Industry
TLDR: Key Points: Industry groups challenge SEC rules on private fund advisors Reversal of PFA rule adds momentum to pushback In a challenge to the U.S. Securities and Exchange Commission’s rules on
Frumtak Ventures Raises $87M Fund for AI and Deeptech Startups
TLDR: Icelandic VC Frumtak Ventures closes $87M fund to back AI and deeptech startups The fund is oversubscribed and focuses on industries like ocean tech, healthcare, energy, and gender equality Icelandic early-stage
Revamping Investment Ecosystem: VCTF’s Strategic Initiatives for Growth
TLDR: Venture Capital Trust Fund (VCTF) announces two key initiatives – Venture Capital Analyst Programme (V-CAP) and Fund Manager Development Programme (FMDP) to boost the venture capital and private equity sector. Ghana’s
Championing Icelandic Innovation: Frumtak Ventures Secures €803 Million
TLDR: Icelandic early-stage investor Frumtak Ventures closed an €80.3 million fourth fund, oversubscribed and sector-agnostic The fund aims to support Icelandic startups in software, AI, and deeptech industries, building on the country’s
Finalists announced for capital investment promotion programme in Africa
TLDR: Six African tech startups have been named finalists for the “Meet the Tôshikas” programme The programme provides Japanese investors with insights into African startup ecosystems and offers investment opportunities for African