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Venture Capital News

Funding rounds, launches, acquisitions and market moves — summarised by our AI from thousands of sources and linked to the startups and funds behind them. 42,089 stories in the archive.

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Friday, May 3, 2024

Windows 11 Drops Support for Older Processors: What's Happening?

Recently, Microsoft made a bold move by removing support for many older processor models in the Windows 11 operating system. The requirement for the SSE4.2 instruction set in the chip has left many older PCs and laptops incompatible with…

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Thursday, May 2, 2024
Funding

Symbe Revolutionizes Sales with €1.4M Funding Boost

Symbe, a London-based company, has secured €1.4 million in funding to revolutionize the sales industry by automating the creation of business cases. Led by a team of visionaries, Symbe's AI-powered platform is set to transform how sales…

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Funding

Securitize Secures $47M Funding Led by BlackRock

Real-world asset tokenization firm Securitize has successfully raised $47 million in funding, with BlackRock leading the investment charge. The company plans to use the funds to further enhance its innovative efforts in the digital asset…

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Funding

CoreWeave's Skyrocketing Success

CoreWeave Inc., a cloud platform specializing in GPU workloads, has secured a massive $1.1 billion in funding, valuing the company at a staggering $19 billion. This Series C raise marks a significant milestone for the company, showcasing…

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Funding

Aikido: The Rising Star in Developer Security

Aikido, a small startup from Ghent, Belgium, is making waves in the developer security space with its 'no BS' platform. In a world where every startup holds valuable customer data, developers are faced with the daunting task of ensuring…

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Binance Ex-CEO Sentenced to 4 Months in Prison: A Closer Look

The former chief executive of Binance, Changpeng Zhao, has been handed a four-month prison sentence for violating US money-laundering laws. Despite prosecutors pushing for a three-year term, the judge opted for a shorter sentence…

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Kuva Space Joins ESA's Civil Security from Space Program

Kuva Space, a Finnish company, has been awarded a €1.8M contract to participate in the European Space Agency's Civil Security from Space program. The program aims to provide advanced hyperspectral situational awareness information for…

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Indian Railways' Scrap Sales Strategy: Driving Revenue Growth

Indian Railways is on track to generate Rs 54 billion through the sale of scrap materials, showcasing its commitment to financial sustainability and operational excellence. By leveraging its extensive network and assets, the railway aims…

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Funding

Ikerian AG Closes Series A Extension Financing

Ikerian AG, the parent company of RetinAI U.S. Inc., has successfully closed its Series A Extension financing, bringing in a total of USD 6.18M (CHF 5.65M) from new and existing investors. The lead investor for this final close was the…

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Cybersecurity Breach at UnitedHealth Group Exposes Vulnerabilities

UnitedHealth Group CEO Andrew Witty faced tough questions from senators about the recent cyberattack on its subsidiary Change Healthcare. The breach, caused by a lack of multi-factor authentication, allowed hackers to access sensitive data…

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Healthcare Data Breach: A Looming Threat to Americans

The recent cyberattack on Change Healthcare has left a gaping wound in the U.S. healthcare system, exposing the personal health information of a substantial portion of Americans. The ransomware gang that infiltrated Change Healthcare's…

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Johnson & Johnson's $6.5 billion talc lawsuit settlement offer

Johnson & Johnson has put forth a $6.5 billion settlement proposal to resolve claims that its talc products led to ovarian cancer, a move that could bring an end to years of legal battles over the safety of its products. The pharmaceutical…

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San Francisco Sports Scene: 49ers' Draft Picks and More

The San Francisco 49ers made some bold moves in the 2024 NFL draft, prioritizing speed and strength, according to The Athletic. But controversy looms over their picks, with wide receiver Ricky Pearsall and cornerback Renardo Green raising…

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