News - Page 731

Seedstars Africa Ventures, a Paris- and Nairobi-based venture capital firm, has closed a $30 million capital commitment from EIB Global, the arm of the European Investment Bank, for its first pan-African fund.

TLDR: SQIM, an Italian biotech and biomaterials company, has raised €11M in funding in a round led by CDP Venture Capital and ECBF VC. The company plans to use the funds to

TLDR: Nikhil Kamath, co-founder of Zerodha, has launched Gruhas Collective Investment Fund in collaboration with talent management and influencer marketing firm Collective Artists Network. The fund has an initial investment of Rs.

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TLDR: – Samsung C&T Corporation, along with its subsidiaries Samsung Biologics and Samsung Bioepis, has signed an MOU for strategic cooperation with the US-based venture capital firm Flagship Pioneering. – The collaboration

TLDR: Parag Agrawal’s AI startup, focused on developing software for language models, has raised $30 million in funding led by Khosla Ventures. Agrawal, the former CEO of Twitter, was fired by Elon

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TLDR: Biotech VC firm Flagship Pioneering has announced expanded collaborations with Samsung C&T Corp. and Thermo Fisher Scientific as part of an initiative focused on “enabling technologies” for the life sciences. The

TLDR: – Investor patience for bad founder behavior may finally wear thin in the tech industry. – Startups with controversial founders, such as Mark Zuckerberg, Brian Armstrong, Adam Neumann, and Henry Ward,

TLDR: Carta, a company that facilitated direct secondaries trading, recently shut down its secondary liquidity business, while Lexington Partners, another company in the secondary market, closed a record-breaking secondary fund. Private markets