May 10, 2024 Last Updated 01:08 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

Toronto's McRock Capital initially closes Industrial Internet venture capital fund with $50 million
McRock Capital, an investment firm in Toronto, has initially closed its Industrial Internet venture capital fund with $50 million in a round led by BDC Venture Capital.
Russian investor AddVenture invests in e-store Nebo.ru and food startup Chefmarket.ru
Moscow, Russia-based fund AddVenture has invested $2 million in online jewelry seller Nebo.ru and an undisclosed amount in food delivery startup Chefmarket.ru for their marketing and expansion project
California's Oculus VR raises $75M to launch virtual reality goggles
Irvine, California-based firm Oculus VR has raised $75 million in a funding round led by venture capital firm Andreessen Horowitz to launch a consumer version of the tech firm's virtual reality goggle
US mobile firm Mocana gets $15M to secure the Internet of Things
San Francisco-based mobile security company Mocana has received $15 million from a funding round led by GE Ventures, to build out the company’s products that prevent hacking of Wi-Fi-enabled objects.
Austin's Apptive raises $1M to expand e-commerce partnerships
Austin-based mobile app maker Apptive announced it has secured $1 million in funding to fuel the expansion of its partnerships with online merchants and e-commerce platforms.
Dangote pushes for $16B investment in cement, agriculture, industrials
Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries ov
UBS to enter Australian property market through joint venture with local developer
Switzerland's biggest bank, UBS AG, will be entering the property market in Australia through a joint venture with local developer Grocon Pty, a Bloomberg report said.
Pearson fund invests in India-based education startup
UK-based investment fund Pearson Affordable Learning Fund has backed Delhi-based education startup Avanti Learning Centres to develop a system that will help students from low-income families prepare
American Efficient snags $2.5M to promote renewable energy in the US
San Mateo, California-based firm American Efficient launched today with a $2.5-million funding it received from Clean Pacific Ventures to help US residents switch to renewable energy products and supp
Google Ventures helps raise $1.2M for San Francisco smart kitchen company The Orange Chef
San Francisco-based smart kitchen company The Orange Chef has received $1.2 million in funding from Google Ventures and Sparklabs Global Ventures to develop more connected kitchen devices.

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US Patent and Trademark Office Admits Second Data Leak That Revealed Thousands of Filers' Private Addresses

US Patent and Trademark Office Admits Second Data Leak That Revealed Thousands of Filers' Private Addresses

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Elon Musk's Brain Implant Company, Neuralink, Reports Device Malfunction on Its First Human Patient

Elon Musk's Brain Implant Company, Neuralink, Reports Device Malfunction on Its First Human Patient

3

Joe Biden Mocks Donald Trump Over Failed Foxconn Project in Wisconsin as He Lauds New Microsoft Center on Same Site

Joe Biden Mocks Donald Trump Over Failed Foxconn Project in Wisconsin as He Lauds New Microsoft Center on Same Site

4

JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading

JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading

5

Mini Gold Bars Are Causing a Frenzy in South Korea as Buyers Rush to Get Them in Convenience Stores, Vending Machines

Mini Gold Bars Are Causing a Frenzy in South Korea as Buyers Rush to Get Them in Convenience Stores, Vending Machines
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