News - Page 278

TLDR: The 11th Circuit U.S. Court of Appeals blocked Fearless Fund from awarding grants to businesses owned by Black women, siding with Edward Blum that the program is discriminatory. Conservative activists are

TLDR: Vintage Investment Partners has promoted Shira Eting to Partner and appointed Erez Mor as Chief Information Security Officer Shira Eting, previously at McKinsey & Co., will lead healthcare and climate investing

Article Summary TLDR: Key Points: Zhipu AI, a Chinese AI startup, secured a $400 million investment from Saudi Arabia’s Prosperity7 Ventures. This investment values Zhipu AI at approximately $3 billion and is

TLDR: Key Points: A federal appeals court has blocked a venture fund’s grant contest for Black women entrepreneurs in a case filed by Edward Blum. The US Court of Appeals for the

TLDR: Europe’s tech investment is bouncing back after a two-year drought, with VC groups raising new funds. Creandum, Accel Europe, and Plural have all unveiled major funds. Last year saw a sharp

TLDR: A report by the Quincy Institute for Responsible Statecraft warns of the dangers of venture capitalists pushing for AI-powered weapons systems Venture capital funding for defense startups has surged, with firms

TLDR: Biophta, a Paris-based preclinical biotech company, raised €6.5M in seed funding to accelerate trials for treating glaucoma and macular edema. Founded by experienced professionals, the company has developed an innovative technology

TLDR: Sagi Dagan appointed as senior advisor to Varana Capital’s Chai 10X Fund to boost Israeli tech ecosystem after October 7 attacks Dagan brings extensive experience in investment, strategy, and government relations

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TLDR: Frore Systems, a thermal technology company, raised $80M in Series C funding. The funding round was led by Fidelity Management & Research Company and included participation from various existing investors. Frore