News - Page 485

TLDR: VC firm 1kx has raised $75 million in funding from investors such as Marc Andreessen, Galaxy Digital, and Accolade Partners to support crypto-focused consumer apps. The fund will focus on investments

Article Summary TLDR: Key Points: Sam Altman stepped down as the owner of the OpenAI Startup Fund, passing the reins to Ian Hathaway. Altman’s removal signifies a strategic pivot within the organization’s

TLDR: MCP Asset Management has announced the first closing of its Japan Evolution (Cayman) fund. The fund will mainly invest in Japanese startups, with a focus on the Kyushu region. Tokyo-based MCP

TLDR: • Venture capital industry facing the end of the ‘megafund’ era. • Investors seeking smaller, more focused funds for better returns. Venture capital investors are reassessing their strategies as they reckon

TLDR: Lithuania’s startup scene is showing strong growth and resilience in venture capital and entrepreneurship. Top funding rounds of Q1 2024 in Lithuania showcase promising startups receiving funding. Lithuania’s startup ecosystem is

TLDR: MidOcean Energy Receives Investment from Mitsubishi Corporation Key Points: MidOcean Energy, a DC-based LNG company, received an investment from Mitsubishi Corporation. The amount of the deal was not disclosed, and Mitsubishi

TLDR: Luminance, a legal tech firm, raised $40 million in a funding round backed by March Capital, National Grid Partners, and Slaughter and May. The company saw a fivefold increase in annual

TLDR: Bitcoin closed the 7th month with a green candle, marking a successful Q1 for the crypto world Venture capital (VC) investments in crypto saw a resurgence in Q1, reaching over $2.5

TLDR: Wonder and biotech companies headline the biggest funding rounds in March. Wonder raised $700 million, while biotech startups like Mirador Therapeutics, Alumis, and Sionna Therapeutics secured significant amounts of funding. The

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