News - Page 33

TLDR: Andreessen Horowitz quietly shutters Miami outpost after two years due to lack of usage by employees. Miami’s tech and crypto boom flags as venture capital money flowing to the city decreases

TLDR: VCs invested $1.2 billion in insurtechs in Q2 2024 Insurtech sector still attracting investment but growth is slow Venture capitalists poured $1.2 billion into insurtech startups in the second quarter of

TLDR: Kenyan startup Chpter raised $1.2 million in pre-seed funding for its e-commerce venture Chpter integrates AI-powered conversational tool with WhatsApp and Instagram to facilitate social selling Kenyan startup Chpter, founded by

TLDR: Legacy Venture Capital, founded by Tiffany Pham and Diane Shao, is an early-stage life science fund focused on investing in chronic diseases. The firm aims to bridge the gap between groundbreaking

TLDR Riyadh Valley Company, the investment arm of King Saud University, has invested in Raed Ventures’ third fund (RAED III LP). Raed Ventures is a venture capital firm investing in startups in

TLDR: Vesta Healthcare, a tech-enabled clinical services company, received a $35M venture loan facility from Horizon Technology Finance. The loan proceeds will be used for general growth and working capital purposes. Vesta

TLDR: SparkLabs has launched a new AI-focused venture fund, becoming the seventh AI-focused fund announced this year. The SparkLabs AIM AI Fund aims to invest in companies leveraging artificial intelligence technologies. SparkLabs

Summary of the Article: Unlock Global Fintech Potential by Bridging VC Funding Gap TLDR: Fintech has transformed financial services, but many struggle to access VC funding. The World Economic Forum and McKinsey

TLDR: Sumitomo Bakelite has decided to invest in UMI3 Investment Limited Partnership, a fund specializing in the materials and chemical industries. This investment aligns with Sumitomo Bakelite’s focus on semiconductor-related materials, high-functional

TLDR: Blue Delta makes a venture capital investment in ITC Federal, a national security-focused IT solutions provider This investment will help ITC Federal enhance capabilities and pursue strategic acquisitions Blue Delta Capital