News - Page 80

TLDR: Anduril Industries has secured $1.5 billion in funding to accelerate production of autonomous weapons. The funding round, led by Peter Thiel’s venture capital firm, has propelled Anduril’s valuation to $14 billion.

TLDR: RareBreed Ventures provided seed funding to unspun, a company developing 3D textile-weaving technology. Black VCs are carving out a niche at the intersection of fashion, hair, beauty, and sustainability. Black venture

TLDR: Flint Capital, a Boston-based VC fund, closes its third fund, raising $160 million. Investors include global IT entrepreneurs and founders of Flint Capital portfolio companies. Flint Capital has closed its third

TLDR: Atlanta-based growth equity firm Vocap Partners has named Emery Waddell as its new General Partner. Waddell, who has been with Vocap since 2015, will join current General Partners Vinny Olmstead, Mike

TLDR: Lucia Polverino, a 24-year-old analyst, landed a job in venture capital in London. Her varied experiences in PR and product management were crucial in helping her transition into VC. Lucia Polverino,

TLDR: VC’s Reality Check: “a Ton of People Looking to Get Out Everywhere” Key Points: VC firms are expected to raise less than $200 billion in 2024, a 48% drop from the

TLDR: Two key philosophies in entrepreneurship: Venture Capitalist and Unicorn-Entrepreneur mindsets. Balance of VC’s financial backing and UE’s innovation crucial for sustainable business growth. Two key philosophies in entrepreneurship, the Venture Capitalist

TLDR: A venture capital and private equity firm sued a Chinese company in California federal court for breaching confidentiality requirements surrounding a planned $150 million investment in Elon Musk’s SpaceX. The Chinese

TLDR: Howard University’s basketball coach, Kenny Blakeney, is proposing to sell a 1/3 stake in the basketball program for $100 million to private equity investors. The money would go towards upgrading Howard’s

TLDR: Lowenstein Sandler LLP is expanding its Silicon Valley startup team by bringing in a Goodwin Procter LLP venture capital ace as a partner in its Palo Alto, California office. The move