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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. 42,100 stories in the archive.

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Friday, April 5, 2024

Gaming Industry Faces Playtime Plunge

The gaming industry is in for a rough ride as gamers clock in fewer hours of playtime, impacting revenue growth and industry giants. Research firm Newzoo predicts a meager 2.7% growth rate from 2023 to 2026, a far cry from the 7.2% growth…

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Tencent Games Unveils Game-Changing Technologies at GDC 2024

Dive into the world of cutting-edge game development tools and revolutionary generative game engines that are reshaping the gaming industry. Tencent Games, the powerhouse of game development, took center stage at the Game Developers…

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M&A

Yahoo Acquires Artifact: A New Era in News Aggregation

Yahoo has made a strategic move by acquiring Artifact, an AI-powered news app developed by Instagram co-founders Kevin Systrom and Mike Krieger. The financial details of the deal remain undisclosed. Artifact will no longer exist as a…

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Funding

TechGrid Revolutionizes Tech Service Providers with $9.2M Funding

TechGrid, formerly known as SecurEdge Networks, a Charlotte-based company, secures $9.2M in Series A funding from Bellini Capital. Led by CEO Philip Wegner, TechGrid's business platform streamlines IT solutions for Tech Service Providers…

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Funding

Adenia Partners Closes Oversubscribed Fund at $470M

Adenia Partners, a private equity firm focused on African growth, has successfully closed its fifth fund, Adenia Capital V, at $470 million. The fund attracted commitments from global investors, with 60% coming from existing backers like…

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Funding

Iceberg Data Lab Making Waves in Environmental Data Market

Iceberg Data Lab, a climate data startup, recently announced the successful closure of its Series A funding round, securing a whopping $10 million. Financial institutions are feeling the heat of increasing environmental regulations, with…

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Funding

Pigment: Revolutionizing Business Planning with $145 Million Funding

Pigment, a visionary business planning platform, has secured a staggering $145 million in Series D funding led by ICONIQ Growth. This funding injection propels Pigment's total funding to over $396 million, solidifying its position as a…

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Funding

StepsConnect: Revolutionizing Recruitment with €1M Funding

Milan's StepsConnect, a cutting-edge recruiting platform, has secured a hefty €1M in Pre-Seed funding from a consortium of investors. With a focus on Gen-Z and millennial candidates, StepsConnect's innovative matching algorithm streamlines…

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Funding

NobleAI's Funding Soars to New Heights

NobleAI, a San Francisco-based company specializing in AI solutions for chemical and material informatics, recently secured over $10 million in Series A extension funding. The round was led by Sway Ventures and Dorilton Ventures…

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Funding

Datavolo Revolutionizes Data Pipelines for AI with $21M Funding

Datavolo Inc., a startup based in Phoenix, AZ, is shaking up the world of data pipelines for artificial intelligence (AI) with over $21 million in funding. Led by CEO Joe Witt and COO Luke Roquet, Datavolo is on a mission to transform how…

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Funding

BlaBlaCar's Road to Growth and Profitability

BlaBlaCar, the world's leading community-based travel app, has secured a €100 million revolving credit facility to fuel its growth ambitions. This funding brings the company's total to over €637 million, marking a significant milestone in…

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Funding

Innoviti Technologies Secures INR 40 Cr in Series E Funding

Innoviti Technologies, a Bengaluru-based startup, has successfully secured INR 40 crore in Series E funding led by Bessemer Venture Partners and Patni Family Office. The company plans to use the fresh funds to drive its mid-market…

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Funding

Telness Tech: Scaling Up for Success

Telness Tech, a Swedish software company revolutionizing user interface design for telecom companies, has secured a hefty €5M in funding to fuel its expansion into the US market. With ambitious valuation projections and key clients already…

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Funding

Nucleai Revolutionizes Clinical Trials with $14M Funding Boost

Nucleai, a pioneer in spatial AI biomarkers, has secured a hefty $14M in funding led by M Ventures, the corporate venture arm of Merck KGaA. This investment brings Nucleai's total funding to a solid $60M, fueling their mission to transform…

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Funding

Revolutionizing Sales with AI: SiftHub Secures $5.5M Funding

SiftHub, an AI startup founded by Manisha Raisinghani, has raised $5.5 million in seed funding to enhance sales efficiency. The platform aims to streamline sales processes by providing accurate responses and up-to-date information through…

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Funding

actnano, Inc. Secures $40 Million Investment

Malden-based actnano, Inc., a pioneer in surface protection technologies for automotive, consumer, and industrial electronics, has closed a $40 million investment from Anthelion Capital. The company's cutting-edge solutions are trusted by…

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