News - Page 728

TLDR: -Qorium, a Maastricht, Netherlands-based cell-cultured leather company, has raised additional funding from Brightlands Venture Partners and Sofinnova Partners. -The funding will be used to expand operations and increase its business reach.

Title: Andreessen Horowitz Backs British Insurance Startup in $73M Funding Round TLDR: U.S. venture capital firm Andreessen Horowitz has invested $73 million in London-based insurance start-up Hyperexponential. Hyperexponential provides insurance companies with

TLDR: The global venture capital investment market size reached US$ 284.8 billion in 2023. IMARC Group expects the market to reach US$ 1,310.8 billion by 2032, with a CAGR of 17.9% during

TLDR: Shinsegae Food’s subsidiary, Better Foods, has secured funding from US venture capital firm Cleveland Avenue. The exact amount of the investment has not been disclosed. Cleveland Avenue will actively cooperate with

TLDR: Gruhas, an India-focused venture capital fund, has partnered with Collective Artists Network to create the Gruhas Collective Consumer Fund. The fund has an initial investment of 150 Crore rupees ($18.29 million)

TLDR: Finnish energy storage startup Cactos has raised $28.5 million in fresh funds to finance the roll-out of its battery storage systems. The company uses both recycled Tesla batteries and new batteries

TLDR: EIB Global has made a $30 million investment in Seedstars Africa Ventures I, a venture capital fund for innovative businesses and startups across Africa. The investment is backed by the European

– Diligent fashion industry investors expect to see more uninspiring exits in 2024 following a string of fire sales last year. – However, a more promising economic outlook in 2024 replicates likely

TLDR: Africa’s venture capital (VC) landscape experienced a significant decline in funding in 2023, following a decade of growth and success. Startups that have only recently entered their Series A and B

TLDR: Philadelphia tech companies raised nearly $500 million in Q4 2023 While this is comparatively low, it reflects the slow decline of the venture capital market across the US The top deals