Article Summary TLDR: P1 Ventures completes the second close of its second fund at $35 million The investment firm plans to use the funds to accelerate its work in AI-powered Software as
TLDR: EFFECT Photonics raised $38 million in a Series D funding round led by Innovation Industries. The co-founder of Innovation Industries, Nard Sintenie, discussed the state of the investment climate in the
TLDR: Venture capitalism shifted power to the financial sector post-1970s crisis. The “shareholder revolution” changed the focus of corporations to maximizing shareholder value. Venture capitalism, as described by Benjamin Shestakofsky, is a
TLDR: Victorian Treasurer Tim Pallas is facing criticism for the state’s $2 billion venture capital fund, Breakthrough Victoria. Despite calls to wind up the fund due to ballooning debt and inefficient spending,
TLDR: Ryan Holsheimer, ex-JPMorgan banker, starts a venture capital firm called Admiralty Capital Group. The firm will focus on making early-stage investments in Australia and internationally. Article Summary: Ex-JPMorgan banker, Ryan Holsheimer,
TLDR: Saudi Arabia Plans $40B AI Investment Fund Overseen by a16z Saudi Arabia is considering creating a $40 billion AI investment fund in partnership with a16z. If established, Saudi Arabia would become
TLDR: CV Pad is a new launchpad that gives casual investors access to expertly vetted and VC-curated investment opportunities in the web3 and blockchain space. The collaboration between CV VC, CV Labs,
TLDR: Investors at the Natural Products Expo West discuss the state of funding for CPG startups, highlighting the importance of profitability and the potential for investment from large CPG companies in the
Article Summary TLDR: Key Points: Channel 4 is launching Untapped, a new initiative to invest in overlooked founders. Untapped aims to diversify founder profiles based on factors like gender, education, race, and
TLDR: Michael Brown is a partner at Shield Capital and is involved in various defense technology initiatives. The Department of Defense has introduced a new industrial strategy aimed at revitalizing the defense