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.
Exclusive | Zacua Ventures Raises $135 Million For Heavy-Industry Technology Bets
Zacua Ventures raised $135 million for its second fund to invest in early-stage developers of robots, new materials and other technologies used in heavy industries such as construction, mining and energy. More than 30 investors backed the fund…
Former Israel Air Force chief Norkin: Israel must turn tech edge into alliances
As President Donald Trump says Washington will end billions of dollars in annual military assistance to Israel, former IAF chief Maj.-Gen (res.) Amikam Norkin says Israel must use its technological capabilities to strengthen international…
Index Industries Raises $50M in Seed Funding, Emerges From Stealth
Index Industries said it emerged from stealth with $50 million in seed round funding and plans to build the means to transform U.S. housing into a broadly investable asset class. Lightspeed Venture Partners led the round, with participation from…
Luxury Watch Platform Subdial Raises $20 Million for Its US Push
Luxury watch-trading platform Subdial is raising $20 million to accelerate its US expansion as it bets on growing demand in the world's largest secondary market for timepieces, according to people familiar with the matter. The latest financing…
Democrats press White House on prediction market betting by staff
Two Democratic senators are pressing the White House to disclose whether employees have used inside information to trade on prediction market platforms. Sens. Elizabeth Warren (D-MA) and Jeff Merkley (D-OR) sent a letter to White House counsel Will…
Path Robotics hits $2.5b, Zacua's $135m, and Mubadala's secondary buy
• Path Robotics, a Columbus, Ohio-based manufacturing robotics developer, raised $300m in Series E funding at a $2.45b post-money valuation. Georgian led, joined by D. E. Shaw Ventures, NAVER Ventures, and insiders Addition, Drive Capital…
AI training startup Mercor valued at $20 billion in latest funding round
Nov 10 (Reuters) – Mercor said on Tuesday it had raised $750 million in a funding round that valued the AI training startup at $20 billion. The Series D round drew participation from Benchmark, Felicis, Fundomo, Nvidia and…
Path Robotics Quadruples Valuation to $2.5 Billion in Latest Funding Round
Path Robotics, a fast-growing startup that develops software for autonomous manufacturing robots, has secured $300 million in new financing that nearly quadruples the company's valuation to $2.45 billion. The Series E funding round was led by…
AI startup Spines raises $64m., challenging traditional publishing industry
Israeli AI company Spines announced on Tuesday the completion of a $64 million funding round, consisting of $29 million in a Series A funding round and an additional $35 million raised in debt. The funding brings the company's total investment to…
Dellavedova's Athletic Ventures signs NBA all-star in US expansion
Five-time National Basketball Association all-star Kevin Love has joined Athletic Ventures to help the athlete-led venture capital firm, co-founded by an AFL player and a top Australian basketballer, build its presence in the US. Love, an 18-season…
The Crunchbase Unicorn Board Tops 1,900 Companies In October, With 34 Companies Joining - Half Under 4 Years Old
A total of 34 companies joined The Crunchbase Unicorn Board in October, adding more than $96 billion in value and $14.8 billion in total funding to the board. The board also reached a new record of 1,900 private companies last month, including an…
This Billionaire Invested in OpenAI in 2019. Here's What He's Betting on Next.
Vinod Khosla, 71, is betting AI can replace one-size-fits-all websites with pages tailored to individual visitors. His firm, Khosla Ventures, announced an investment in AI startup Coframe this week. Coframe helps businesses tailor their websites…
The drone age for all: The real challenge is only beginning
Almost anyone can build and fly a drone today. Readily available components, technical knowledge, and inexpensive development tools have made the world of unmanned systems more accessible than ever. However, turning an aircraft into a reliable…
Robotics company Figure AI is hiring a human to babysit humanoid robots overnight
A new kind of babysitter is wanted in Silicon Valley. The robotics startup Figure AI is looking to hire a night-shift coordinator in Santa Clara to oversee its humanoid robots alongside the humans who operate them. The contract-to-hire job entails…
Professor Shaun Harper is bringing the business of Beyoncé to a University of Southern California MBA classroom
Anyone who has ever said Beyoncé, and particularly her business acumen, should be studied may have been onto something. The University of Southern California's Marshall School of Business is gearing up to launch a new MBA course, “…
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