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…
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…
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…
OpenAI Backer Altimeter Targets More Than $3 Billion for Private Markets Funds
Altimeter Capital Management, a prominent OpenAI and Anthropic PBC investor, is raising a set of new funds for its private markets investment work. The firm is targeting a $2.5 billion new venture capital fund to back late-stage, pre-IPO companies…
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…
Thomas Massie political future explained amid Pete Hegseth impeachment push
U.S. Representative Thomas Massie, who is leaving Congress after losing his Republican primary earlier this year, has reintroduced eight articles of impeachment against Defense Secretary Pete Hegseth, with a House vote expected as early as this…
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…
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…
Jensen Huang is the AI boom's key man. Now, that's a problem
It's just about the most relentless and pulpy headline imaginable: Nvidia CEO Jensen Huang admitted to an affair, with a woman who's an alleged Chinese spy no less. The news bombshelled on Sunday, and the market reacted viscerally on Monday: Nvidia…
AI training startup Mercor valued at $20 billion in latest funding round
Nov 10: 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 funds managed by affiliates of…
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, “…
California's proposed 'billionaire tax' fails to pass
California voters have rejected Proposition 40, the state's proposed one-time tax on billionaires, the Associated Press reported Monday. The measure failed after an expensive campaign that pitted labor unions against some of tech's wealthiest…
Emory student berates Donald Trump Jr. on campus visit a day after election
In the early wake of a seismic defeat at the ballot box, Donald Trump Jr. got a loud reminder Wednesday of the midterm losses his father's party suffered while departing the Emory University School of Law. “The country has rebuked…
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