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...


Latest News

Colorado cloud provider Peak secures $4M in funding
Colorado, US-based cloud provider Peak (formerly PeakColo) raised $4 million in a new funding round from existing investors Sweetwater Capital and Meritage Funds, according to company press release.
New Jersey business analytics firm Axtria bags $4.8M in funding
New Jersey, US-based business analytics firm raised $4.8 million in a funding round from Richard Braddock and Amarpreet Sawhney to create tools that help companies understand their customers.
San Francisco's Radius scores $13M to improve workflows for salespeople
San Francisco, US-based big data firm Radius raised $13 million in a funding round led by Formation8 Partners to spot great leads and improve workflows for salespeople.
Tencent invests in Chinese taxi app Didi
Tencent Holdings Ltd, the biggest Internet firm in Asia, invested an unconfirmed amount in China-based cab booking app Didi Taxi to promote its payment service to mobile web users.
New York's CAN Capital scores $33M in funding round
New York, US-based small and medium business (SMB) capital provider CAN Capital scored $33 million in a funding round co-led by Meritech Capital Partners and Accel Partners.
US blogging system Medium mulls raising $20M in venture capital -rumor
US-based online writing and reading system Medium by Evan Williams is considering raising $20 million from venture capitalists after basically thriving on angel investments, according to circulating r
Closing Time closes $2.7M in funding to simplify home-buying process in the US
California, US-based home buying to-do service Closing Time raised $2.7 million in a funding round led by Accel Partners and former Yahoo executives, for the expansion of its service and workforce.
New York health insurer Oscar raises $30M in funding
New York City, US-based health insurer Oscar has secured $30 million in a funding round led by the Founders Fund to accelerate its expansion across the country.
Indian tech incubator BitChemy invests $6M in three startups -report
Hyderabad, India-based tech incubator BitChemy Ventures poured in $6 million in three startups - 3LOQ Labs, Cafyne Inc, and Altiux Innovations, according to a report.
US genomics startup DNAnexus scores $15M to build cloud-based platform for DNA analysis
California, US-based genomics startup DNAnexus raised $15 million to develop its cloud-based platform for storage and analysis of large amounts of DNA data, bringing its total funding to date to $31.6
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