Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Manitoba increases venture capital tax credit to $30M
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Controversial AI Music Generator Suno Says It Reached 2 Million Subscribers
The controversial AI music generator Suno surpassed 2 million paid subscribers, its co-founder Mikey Shulman said, and more than 100 million people have used it to create music despite mounting industry backlash and a “Say No to Suno”…
U.S. Biotech Firm Generate Biomedicines Raises $400 Mln in IPO
Generate Biomedicines has announced the pricing of its initial public offering, implying a market value of about $2 billion for the U.S. biotechnology firm. The company, which specializes in designing and developing drugs using artificial…
What smart people are saying about Jack Dorsey slashing jobs at Block: 'The canary in the coal mine
Jack Dorsey's announcement on Thursday that Block was slashing its workforce nearly in half sent shockwaves through the tech world. Dorsey, Block's CEO and cofounder, said AI was rapidly changing work at the financial services company, which owns…
A Gail's is targeted again by vandals painting anti-Zionist graffiti
A new branch of a Gail's bakery has been targeted for a second time by pro-Palestine vandals who smashed windows and painted anti-Zionist graffiti. The shop in Archway, north London, only on opened last week but has been repeatedly attacked as part…
If France could lead the world with Minitel in the 1980s, surely Europe can free itself from Silicon Valley's shackles now? | Alexander Hurst
In the 1960s, France became the third country, after the US and Soviet Union, to independently place a satellite (Astérix) into orbit, and the only country to send an animal into space and – crucially, for Félicette the…
Is Ripple's 2026 XRPL Funding Overhaul Bullish for XRP Price?
Ripple is transforming how funding and support are distributed across the XRP Ledger ecosystem, shifting toward a more distributed model. The company announced the changes on February 26. It positions 2026 as a transition point in how builders…
A VC and some big-name programmers are trying to solve open source's funding problem, permanently
A group of notable open source programmers are joining with a VC investor to launch a nonprofit called the Open Source Endowment in hopes of permanently solving the perennial issue with developing open source software: funding. Backers of the Open…
Anthropic Takes a Stand
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. Earlier this week, Secretary of Defense Pete…
LinkedIn Founder Holds $6 Million Worth of Ethereum (ETH)
Blockchain intelligence firm Arkham recently identified a public Ethereum address belonging to the LinkedIn co-founder and venture capitalist, Reid Hoffman. Their tracking data shows that Hoffman holds a substantial $6.1 million strictly in ETH.
Wayve Self-Driving Tech To Hit London Streets This Year
Wayve Ltd CEO Alex Kendall will roll self-driving technology out in London streets with Uber this year. Photographer: Hollie Adams/Bloomberg. © 2024 Bloomberg Finance LP A New Zealand engineer's plug-and-play self-driving startup will hit…
The 'Great Wealth Transfer': A $3 trillion opportunity for Black business owners is on the horizon
There is a $3 trillion opportunity for Black and other minority entrepreneurs to become business owners as part of the 'Great Business Transfer,' according to a new report from McKinsey. Researchers forecast 6 million small- and medium-sized…
IIM Calcutta 61st MBA batch hits 100% placement with highest domestic offer touching Rs 1.45 crore per year
More than 100 offers were made in the areas of private equity, venture capital, investment banking, markets, asset and wealth management which saw participation from firms like Ambit, Arga Investment Management, Avendus, Bank of America, Citi, D E…
Award announces Top 10 Finalists - The Nation Newspaper
Aurora Tech Award, global award dedicated to supporting outstanding female tech founders from emerging markets, has unveiled its Top 10 Finalists. The finalists were selected following a multi-stage evaluation process from a record 3,400…
How This GV Investor Looks For The Next Stripe And Other 'Compounding' Startups In Fintech And AI
A partner at GV (Google Ventures), Sakach has helped lead the firm's investments in high-profile startups such as Humans&, Ramp, Stripe, Tennr and Basis. Unsurprisingly, considering her involvement in so many significant fintech deals, Sakach…
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