News - Page 688

TLDR: Chilean biotechnology company PhageLab has raised $11 million in funding. The funding will be used to advance its pipeline of phage-based solutions and establish a commercial position in Brazil. PhageLab develops

TLDR: German open-source vector database Qdrant has raised $28 million in a Series A funding round led by Spark Capital. The company plans to use the funds to expand its database and

Aramco, the state-owned energy giant of Saudi Arabia, has injected an additional $4 billion into its global venture capital arm in order to boost diversification and expansion in new technologies. This brings

The Clean Growth Fund has invested GBP 2.25 million (USD 2.85 million) in biotechnology company HutanBio to support the development of its biofuels technology. Decentralized data marketplace Masa Network has raised USD

TLDR: Venture capital investors are feeling more optimistic about the performance of their portfolios in 2024, according to Preqin’s latest investor survey. The survey results showed that 38% of Preqin clients anticipate

TLDR: Digital Currency Group noteholders have urged a Connecticut federal court to keep alive their securities suit against the crypto venture capital firm. They claimed that the firm’s motion to dismiss the

TLDR: A new study conducted by researchers from Tel Aviv University and the Hebrew University of Jerusalem suggests that certain sleep positions, particularly on the left side, may help improve the overall

TLDR: Akron City Councilman James Hardy has called for a pause on the sale of Summa Health to venture capital firm Health Assurance Transformation Corp. (HATCo). Hardy believes that the community has

Last year, one out of every three venture capital dollars was invested in artificial intelligence (AI) companies, according to the year-end Venture Monitor from PitchBook and the National Venture Capital Association. While

TLDR: Venture capital veteran Connie Chan is leaving Andreessen Horowitz as the firm shifts its focus to artificial intelligence (AI) and enterprise technology. Chan, who has been with Andreessen Horowitz for over