News - Page 732

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

TLDR: Investment in UK start-ups fell to $21.3 billion in 2023, down from $31.3 billion in 2022 and a little over half the peak fundraising in 2021, according to a report by

TLDR: UK venture capital investment in the innovation sector bounced back in H2 2023, reaching pre-pandemic levels and showing significant growth in early-stage and series B and C investments. Climate tech emerged

TLDR: SVB Financial, the parent company of Silicon Valley Bank, plans to hand over its venture capital (VC) business to its creditors as part of a restructuring agreement. The company filed for

TLDR: Early stage venture capital firm Exponent Founders Capital has raised $125 million to date, including a new $75 million Fund II vehicle. The fund will be used to invest in inception

Relativity Space Closes in On New Funding for Its 3D Printed Rockets TLDR: Relativity Space is in talks to raise funding that would value the company at $4.2 billion. Existing investors Bond