News - Page 642

TLDR: Satellite connectivity service provider Skylo has raised $37 million in a recent funding round led by Intel Capital and Innovation Endeavors. The company plans to use the funding to expand its

TLDR: ProfoundBio, a biotech firm, has secured $112 million in a Series B funding round led by Ally Bridge Group. The funding will be used to advance the company’s pipeline of precision

TLDR: U.S. venture capital firms have invested billions of dollars in Chinese companies that support the military, surveillance state, or the genocide of the Uyghur people, according to a report by the

TLDR: Progression, a venture capital events company, has opened registration for its inaugural conference, Progression 2024. The conference, to be held in May 2024, aims to identify the most innovative companies in

TLDR: Marqo, a vector search company based in San Francisco and Melbourne, has raised $12.5 million in Series A funding, bringing its total funding to $17.8 million. The funding round was led

TLDR: FordeFi, a provider of wallet-as-a-service platforms, has secured $10 million in a seed extension funding round. The funding was led by Electric Capital and also saw participation from Paxos and Alchemy.

The Meter founders Anil and Sunil Varanasi have secured $35 million in funding at a valuation of over $350 million to bring networking technology into the AI age, as big investments in

TLDR: The number of unicorn companies, privately-backed companies with billion-dollar valuations, has surged over the past decade, making the term less remarkable than before. Investors’ fear of missing out on the next

TLDR: – AIX Ventures, a San Francisco-based venture capital firm, has closed its second fund at $202 million. – The firm focuses on AI investments across the early stages from PreSeed to

TLDR Music promotion platform Groover has secured $8 million in a Series A funding round, which it will use to add new features to its platform. The funding round was led by