News - Page 487

TLDR: Tiger Global Management closed on $2.2bn for Private Investment Partners XVI, its smallest fund since 2014. The New York firm’s latest fund marks a significant decrease in size compared to previous

TLDR: Tonic App, a digital health startup based in Porto, Portugal, raised €10.85 million in Series A funding. The funding round was co-led by BlueCrow Capital and Iberis Capital, with participation from

TLDR: VC funding declined by 38% in 2023, making it the lowest year since 2018. Panel of VC investors at The Tech Arena 2024 emphasized the importance of looking beyond trends in

Article Summary TLDR: Key Points: Luminance, a legal tech startup backed by Mike Lynch, raised $40 million in a Series B funding round. The company’s annual recurring revenue has grown significantly in

TLDR: Firestorm Labs raises $12.5 million led by Lockheed Martin’s venture capital unit for 3D printing drone production Startup aims to scale production of high performance drones using additive manufacturing technology at

TLDR: Venture capital investment in cryptocurrency surged by 52.5% in March, reaching $1.16 billion. Mainly backing infrastructure and decentralized finance projects. In March, venture capital investment in cryptocurrency surged by 52.5% month-on-month,

TLDR: The IT and ITES sector in India saw a big drop in private equity and venture capital investments in the first three months of 2024. Specialist solutions providers like iBus and

TLDR: OpenAI has revoked Sam Altman’s control over the startup fund supporting AI startups. The governance structure of the fund has been modified, and Ian Hathaway has taken over as the general

“`html TLDR: Luminance, a legal tech startup, raised $40 million in a recent funding round. The company’s annual recurring revenue has increased fivefold in the past two years. Legal tech firm Luminance

Article Summary TLDR: The McWhorter Foundation aims to diversify tech entrepreneurship with Sequoia Capital’s support. An 86% decrease in venture funding poses significant challenges for underrepresented groups. The McWhorter Foundation recently announced