News - Page 633

TL;DR: – Crypto venture capital (VC) funding in Q4 2023 reached $1.9 billion, a 2.5% increase from Q3 2023, marking the first uptick in VC investments in crypto startups since March 2022.

The TLDR: Clarity has raised $16 million in seed funding led by Walden Catalyst and Bessemer Venture Partners. The funding will allow Clarity to expand its offerings and accelerate research and development

A recent report from PitchBook reveals that Web3 venture capital funding in the cryptocurrency industry reached $1.9 billion in Q4 2023, indicating the end of the “crypto winter” period. This represents a

Overmoon, a San Francisco-based provider of a tech-enabled vacation rental platform, has raised $80M in equity and debt funding. The round saw participation from NFX, Khosla Ventures, Camber Creek, 1Sharpe, Sunsar Capital,

TLDR: Rogo, a generative AI company for financial institutions, has raised $7 million in seed funding. The round was led by AlleyCorp, with participation from Company Ventures, BoxGroup, and ScOp Ventures. Rogo

TLDR: – Sequoia Capital is pressuring former partner Michael Moritz to leave his board position at Klarna. – Sequoia partner Matthew Miller has asked Klarna shareholders to remove Moritz from the board,

TLDR: After Sam Altman’s firing, it was believed that the chaos would lead to caution in AI venture investments. However, recent events show that the AI frenzy is far from over, with

TLDR: – LA Fire and Police pension plans to invest $200 million in venture capital and growth funds in 2024. – The pension committed $77.5 million to five venture funds in 2023.

The Smart Business Dealmakers Dealmaker of the Year Awards in Nashville have named their 2024 winners. This year’s honorees include Lindsey Cox, CEO of venture capital firm Launch Tennessee; Chris Ferrell, CEO

TLDR: The U.S. Securities and Exchange Commission (SEC) is considering raising the threshold for registration of venture capital (VC) funds from $10 million to $12 million. This move could exempt some med-tech