News - Page 617

TLDR: – Hack VC raises $150 million to invest in early-stage crypto and AI startups – Focus on decentralized finance, real-world asset tokenization, and blockchain infrastructure solutions In a recent announcement, Hack

TLDR: PitchBook expects a continuation of muted venture capital funding in the gaming industry into 2024. Content developers received the most closed funding deals, while development startups had the highest median pre-money

Article Summary TLDR: 2024 will be the year of 3R: rates, recovery, and rationalisation in venture capital markets. The European VC Valuations Report by PitchBook predicts dynamic changes in macroeconomic conditions. According

TLDR: – Biology AI startup Bioptimus raises $35 million in seed round to build AI foundational model focused on biology. – The company aims to revolutionize the field of biology through the

Article Summary TLDR: Asset manager Pátria Investimentos launches new infrastructure credit fund in Brazil The fund aims to raise up to 5bn reais to support energy, water, logistics, and transportation projects Financial

TLDR: • The article discusses the impact of the recent government shutdown on federal workers and the economy. • It highlights the struggles faced by federal employees who were either furloughed or

TLDR: Sequoia Capital has abandoned its efforts to oust Michael Moritz from the board of Klarna. This decision comes after Sequoia previously sought to remove Moritz due to concerns over his ability

Article Summary TLDR: Sequoia Capital retracts request to oust Michael Moritz as chairman of Klarna’s board. Sequoia partner Matthew Miller is leaving the Klarna board, and a new partner will be appointed.

TLDR: Partech has closed its second Africa fund, Partech Africa II, at €280M ($300M+). The fund will invest in African companies in education, mobility, finance, healthcare, delivery, and energy sectors. Partech, a

TLDR: Hack VC, a NYC-based web3 venture capital firm, closed its Venture Fund I at $150 million. The fund builds on the firm’s inaugural $200 million fund, bringing the total assets under