Apr 28, 2024 Last Updated 03:03 AM EDT

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Venture Round

OpenAI Startup Fund Raises $15 Million in New Funding as It Continues to Expand Its Investment in AI Ventures

The OpenAI Startup Fund has quietly concluded a $15 million funding round.

Polyhedra Network Rockets to $1 Billion Valuation with $20M Strategic Funding Round, Backed by Major Crypto Players

Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure...

Elon Musk Refutes xAI $500 Million Funding Report, Labels It 'Fake News'

Elon Musk took to social media to deny a report claiming that his AI startup, xAI, has secured $500 million in commitments from investors...

Sam Altman Receives $75 Million From the University of Michigan for New Venture Capital Fund: Report

OpenAI CEO Sam Altman has reportedly secured a $75 million investment for his venture capital firm, Hydrazine Capital, from the University of Michigan...

Elon Musk's AI Startup X.AI Seeks to Raise $1 Billion From Equity Investors

Elon Musk's artificial intelligence startup X.AI reportedly seeks to r...

Elon Musk's Neuralink Raises Another $43 Million as It Gears up for Human Trials

Elon Musk's Neuralink, a company focused on developing brain implant t...

Latest News

IFC invests in US submarine cable operator Seaborn Networks
World Bank Group member International Finance Corporation (IFC) invested an undisclosed amount in US-based submarine fiber optic cable system developer and operator Seaborn Network Holdings LLC.
US-based health consultation app First Opinion raises $1.2M in funding
US-based mobile health consultation app First Opinion raised $1.2M in funding from Greylock, Yuri Milner, Felicis Ventures, and 500 Startups to expland its consultants and workforce.
ff Venture Capital secures $52M across two funds with one to invest in New York firms
New York, US-based institutional investor ff Venture Capital (ffVC) closed a total of $52 million for two funds, ff Rose and ff Rose Innovate, with the latter to focus on investments in New York.
Kontagent secures $4.8M financing
Mobile analytics company Kontagent which merged with PlayHaven last month was able to raise $4.8 million, according to a VentureBeat report which cited a Securities and Exchange Commission filing.
Chinese app store Wandoujia lands $120 in funding led by SoftBank
China based mobile app distribution platform Wandoujia raised $120 million in a recent funding round led by SoftBank Corp, for the acceleration of its growth and development of its mobile search techn
Canaan Partners invests in Indian digital media firm SureWaves
Connecticut, USA-based venture capital firm Canaan Partners invested INR35 crore in Bangalore, India-based digital media firm SureWaves for the latter's global growth and workforce expansion.
Resonance buys four UK wind farms after $100M fund boost
London-based alternative asset management firm Resonance Asset Management LLP bought four wind farms in the UK after raising $100 million from institutional investors for its first Resonance British W
European drugmakers flock to Boston in search for deals- report
Drugmakers from Europe are getting lured to the Boston-Cambridge area as the biotechnology boom makes it the envy of other biotechnolgy hubs in the world, Bloomberg reported.
German firm Global Founders invests $8.3M in UK business loans startup Iwoca
Germany-based venture capital firm Global Founders Capital and Luxembourg-based firm Redline Capital invested €6.1 million ($8.3 million) in UK-based short-term e-commerce business loans startup Iwoca
US healthcare firm WellDoc bags $20M to market diabetes mobile app
Maryland, US-based healthcare firm WellDoc bagged $20 million from Windham Venture Partners and Merck Global Health Innovation Fund to market BlueStar, the first mobile therapy prescription for diabet

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Joe Biden's Capital Gains Tax Increase Proposal Could Significantly Harm the US Economy, Experts Say

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Elon Musk's X Suspends Nelson Mandela's Grandson Account as He Calls for Palestinian Liberation

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Titanic Gold Pocket Watch Found on the Body of Its Wealthiest Passenger Is Up for Auction

Titanic Gold Pocket Watch Found on the Body of Its Wealthiest Passenger Is Up for Auction

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Boeing's 787 Delivery Delays Impact American Airlines, Leading to Cuts in Long-Haul Flights into 2025

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Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison

Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
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