News - Page 609

Article Summary TLDR: – Ascend Elements secured the top funding spot with $162 million in investments for sustainable battery materials for EVs. – Abridge and Antora Energy tied for the second spot

TLDR: Andreessen Horowitz invests $100 million in EigenLayer, a protocol introducing restaking to the Ethereum blockchain. The investment signals strong support for blockchain innovation. Andreessen Horowitz, a prominent venture capital firm, has

TLDR: A pension fund in the Northeast has made a commitment to venture capital. The fund has approved a new venture capital commitment with a new manager. In a recent move, a

TLDR: The VC funding market took a hit in 2023 Startups need to follow 5 key steps to survive the difficult funding market CB Insights reported a significant decline in the venture

TLDR: Tuned, a telehealth company, secures a $3.2 million seed extension, bringing their total funding to $8.2 million. The funding round was led by unspecified investors. Telehealth company Tuned has successfully secured

TLDR: – Nvidia’s quarterly results show significant growth in AI computing, fueling a boom in AI chip startups. – Potential risks include GPU shortages, cyclicality of the chip industry, and unproven business

TLDR: – Impact-focused venture capital funds can produce comparable returns to non-impact funds and lower risks – Impact-aligned industries such as healthcare-life sciences and climate-clean technology are predicted to outperform other sectors

TLDR: ORI Capital has raised a new fund of $260 million for biotech investments. The fund will focus on early-stage biotech companies in the areas of diagnostics, drug delivery, and therapeutics. Sino-American

TLDR: The VC secondaries market is booming in Europe. The uptick is being driven by VCs’ need to generate liquidity for their LPs. Olav Ostin, managing partner at investment firm TempoCap, notes

TLDR: – Bain Capital Tech Fund Partner, Darren Abrahamson, is steering clear of AI startups and focusing on later-stage companies in application software, infrastructure and cybersecurity, fintech and payments, and healthcare IT.