Creandum raises €500mn fund amid Europe tech money rebound
[ad_1] Swedish VC firm Creandum — an early backer of Spotify and Klarna — has raised €500mn to fund budding...
Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund
[ad_1] Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up...
China’s $47B semiconductor fund puts chip sovereignty front and center
[ad_1] China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations,...
Elon Musk’s xAI raises $6 billion to fund its race against ChatGPT and all the rest
[ad_1] Elon Musk founded xAI last summer, and today it announced raising $6 billion in funding, saying it will help...
Indian EV startup Zypp Electric secures ENEOS backing to fund expansion to Southeast Asia
[ad_1] Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its...
Space VC closes $20M Fund II to back frontier tech founders from day zero
[ad_1] Gone are the days when space and defense were considered fundamentally antithetical to venture investment. Now, the country’s largest...
Contour Venture Partners, an early investor in Datadog and Movable Ink, lowers the target for its fifth fund
[ad_1] Longtime New York-based seed investor, Contour Venture Partners, is making progress on its latest flagship fund after lowering its...
OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund
[ad_1] Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the...
OpenAI Startup Fund raises additional $5M
[ad_1] The OpenAI Startup Fund, a venture fund that invests in early-stage AI companies and has recently transferred legal control from Sam Altman to...
VC fund performance is down sharply — but it may have already hit its lowest point
[ad_1] Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet...
US to fund digital twin research in semiconductors
[ad_1] The Biden administration wants to attract companies working on digital twins for semiconductors using funding from the $280 billion...
Iconiq raises $5.15B toward seventh flagship fund
[ad_1] Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC...
Dutch deep tech fund for photonics startups reaches €75M after second close
[ad_1] PhotonVentures, a Dutch deep tech fund aiming to boost Europe’s photonics industry, has closed its second fundraising round with...
International Monetary Fund warns cyberattacks could trigger bank runs
[ad_1] The International Monetary Fund (IMF) has warned that the increasing number and cost of cyberattacks could destabilize economies leading...
Italy sets up €1B AI fund, mulls new penalties for the tech’s misuse
[ad_1] Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing €1bn to AI development over the course...
Laton Ventures launches $35M global gaming venture capital fund
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World Fund closes first €300M climate tech fund, seeking to follow on and back hardware
[ad_1] After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s...
German climate tech VC raises ‘record-breaking’ €300M first fund
[ad_1] Berlin-based World Fund has filled its coffers with €300M, in what it claims to be the largest first-time fund...
Nexus’ star partner Sameer Brij Verma set to leave and launch own fund
[ad_1] Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year,...
Inevitable Games Fund debuts with $100M to pour into early stage Web3 gaming startups
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