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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. 42,095 stories in the archive.

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Tuesday, April 30, 2024
Funding

Tines Secures $50M in Funding for Workflow Automation

Tines, a company specializing in smart and secure workflows, has raised $50M in new funding as an extension to its Series B round. Led by Accel and Felicis, the round brings the total amount raised to $146.2M. Tines plans to use the funds…

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Amazon Ring Refunds: Privacy Concerns Addressed

The Federal Trade Commission (FTC) is sending over $5.6 million in refunds to Amazon Ring customers as part of a settlement regarding privacy violations. The refunds, totaling 117,044 payments, are a result of allegations that Ring failed…

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Airwallex Launches Payment Acceptance Services in the U.S.

Airwallex, a global fintech firm, has expanded its payment acceptance services to the US. This move allows US businesses to accept both domestic and international payments, while foreign companies with operations in the country can offer…

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WhatsApp and PayPal: A Duo of Digital Security and Convenience

In a world where digital transactions reign supreme, WhatsApp and PayPal stand out as pioneers in providing secure and convenient payment methods. WhatsApp recently introduced passkey verification on iOS, enhancing security by eliminating…

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Monday, April 29, 2024

New Federal Rule Ensures Automatic Cash Refunds for Delayed Flyers

Airlines are now required to provide automatic cash refunds to passengers facing flight cancellations or significant delays, thanks to a new rule issued by the Biden administration. This move aims to simplify the refund process for…

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Funding

The Sterling Group's Success Story Continues

The Sterling Group, a powerhouse in the private equity world, recently closed its oversubscribed sixth private equity fund, raising a staggering $3.5 billion. This Houston-based firm, known for its operational focus and expertise in the…

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Funding

Solar Energy Companies Making Major Moves in the USA

Origis Energy secures $136 million for Florida solar project, Nova Clean Energy acquires 1 GW asset portfolio in Texas, Aspen Power expands in New York and Pennsylvania, Ridgewood Infrastructure invests in MN8 Energy, and SolaTrue merges…

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Apple's AI Server Processor and Global Apple ID Issue

Apple is developing its own server processor for artificial intelligence using a 3nm TSMC process. The company plans to start mass production in the second half of 2025, according to MacRumors. The chip expert cited by the information…

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iPad's Long-Awaited Calculator App May Finally Arrive

After 14 years, Apple may introduce a native Calculator app for the iPad in the upcoming iPadOS 18 update. The absence of this basic tool has been a long-standing joke among users, with the iPad relying on third-party apps or workarounds…

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Apple's Vision Pro Struggles in the US

Apple's Vision Pro faces a sharp decline in demand in the US as the lack of compelling applications for the headset becomes apparent. Bloomberg's insider, Mark Gurman, notes that demo zones for Vision Pro in stores often sit empty, with…

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Funding

WEE Marketplace: A Rising Star in UAE E-commerce

WEE Marketplace, the Dubai-based e-commerce startup, has secured a whopping $10 million in pre-series A funding from SIG Investment, propelling its valuation to a staggering $40 million. Led by CEO Anastasia Kim and co-founders Oleg…

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Funding

Anichess: A Chess Revolution

Anichess, the brainchild of Chess.com and Magnus Carlsen, just secured a hefty $1.8M in funding. Led by Sfermion and Amber Group, this chess-based online strategy game is set to shake up the traditional chess scene. Anichess, a subsidiary…

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YES Bank's Remarkable Turnaround

YES Bank has made a stunning comeback with its Q4FY24 results, showing a more than doubling of net profit to Rs 452 crore. The bank's net interest income (NII) also saw a significant increase to Rs 2,153 crore. This turnaround signals a…

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YES Bank's Profits Soar in Q4

YES Bank's net profit skyrocketed by 123.2% to Rs 452 crore in the fourth quarter of FY24. The bank's net interest income (NII) also saw a significant increase, reaching Rs 2,153 crore. This surge in profits was driven by improved margins…

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Economic Growth Surges as India's Power Sector Booms

India's power sector is experiencing unprecedented growth, with annual power output expected to soar to new heights. This surge in power production is fueling economic growth and driving the country towards a brighter future.

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India's Strategic Moves in West Asia and Beyond

India is making strategic moves in West Asia and beyond to expand its ties and reduce its reliance on China. India is set to sign a trade deal with Oman, strengthening its ties in West Asia. This move is aimed at boosting India's presence…

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Capria Ventures' Success in India Opportunity Fund

Capria Ventures recently closed its India Opportunity Fund at INR 153 crore after the successful exit of Awign. This achievement marks a significant milestone for the company in the Indian market, showcasing their ability to identify and…

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