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.
How African startups raised venture capital in 2022
Image Credits: PM Images / Getty Images Earlier this month, we reported that investors' sentiments surrounding venture capital activity going into this were more reserved than upbeat. Investors believe the market correction, which caught up with…
Beyond ChatGPT: The Future of Generative AI for Enterprises
Venture capital firms have invested over $1.7 billion in generative AI solutions over the last three years, with AI-enabled drug discovery and AI software coding receiving the most funding. “Early foundation models like ChatGPT focus on the…
Start-Up Raises $200 Million to Speed Up Drug Trials
For individuals suffering from a deadly disease, clinical trials for drugs offer lifesaving hope. But for all the rapid advances in science and medicine, some of the building blocks of clinical trials — the back-end technology, data…
Starling Medical's new urine-testing device turns your toilet into a health tracker
Image Credits: Starling Medical If you enjoy some good toilet technology, then I think “urine” for a treat. Starling Medical is poised to launch its at-home urine diagnostic patient-monitoring platform, dubbed…
Report: Stripe tried to raise more funding at a $55B-$60B valuation
Image Credits: mustafaU / Getty Images When payments giant Stripe raised $600 million at a $95 billion valuation in 2021, it made headlines for raising capital at the highest-ever valuation for a privately-held startup. Defending that valuation…
Pelosi Attack Live Updates: Body Camera Footage of Hammer Attack Released
A San Francisco court on Friday released police body camera footage showing the frenzied seconds when an intruder wielding a hammer attacked Paul Pelosi, 82, the husband of Nancy Pelosi, in the foyer of the couple's home in Pacific Heights in the…
Google created an AI that can generate music from text descriptions, but won't release it
An impressive new AI system from Google can generate music in any genre given a text description. But the company, fearing the risks, has no immediate plans to release it. Called MusicML, Google's certainly isn't the first generative AI system for…
senken raised 7,5M, led by Obvious Ventures
We are excited to announce that senken recently raised $7.5 million in capital. The round was led by Obvious Ventures with significant participation from Offline Ventures, Inflection and Kraken Ventures, along with other existing investors…
Yeo Valley venture capital fund backs UK snack brand The Curators in M&A
Yeo Valley's in-house venture-capital fund has made a “significant contribution” to The Curators' acquisition of UK snacks peer Cheesies. The organic dairy business said it was impressed by The Curators' distribution channels and…
Energy transition investments hit $1.1 trillion - with a T - last year
After years of bumbling along, investment in the energy transition appears to be taking off. Businesses, financial institutions, governments and end users around the world sunk $1.11 trillion into low-carbon technologies, according to a new report…
Anthropic, an A.I. Start-Up, Is Said to Be Close to Adding $300 Million
Anthropic, a San Francisco artificial intelligence start-up, is close to raising roughly $300 million in new funding, two people with knowledge of the situation said, in the latest sign of feverish excitement for a new class of A.I. start-ups. The…
Why Web3 founders are still optimistic about crypto
Despite a string of high-profile collapses in the crypto industry, Web3 founders remain optimistic. Insider spoke with eight founders about why their confidence in crypto hasn't wavered. They said they believed Web3 can make the global economy more…
Fallen Unicorns: Startup Billionaires Nearly $100 Billion Poorer Than A Year Ago
Last January, credit card startup Brex raised $300 million from a string of A-list investors, nearly doubling the company's valuation to $12.3 billion and making its Brazilian cofounders– 26-year-old Pedro Franceschi and 27-year-old Henrique…
Businesses must lead in transition to clean energy and net zero: execs
Getting companies and consumers to be sustainable will require transparency, cooperation, and trust. The transition to clean energy isn't a choice, executives told Insider. The net-zero shift must be 'affordable, safe and reliable, and clean.' Sign…
Tech layoffs at big companies could be a boon for startups and entrepreneurship
The wave of layoffs at tech companies is flooding the job market with fresh talent. The trend is sparking questions about whether startups will take advantage, and whether there be a rush of new companies launched by Big Tech alum. The answer is…
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