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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. 42,110 stories in the archive.

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Thursday, March 21, 2024
Wednesday, March 20, 2024

Cloud Apocalypse: Storing Files on Your Own Server

Microsoft and Amazon are cutting off access to their cloud services for corporate clients in Russia, creating a digital storm. This move leaves companies scrambling to save their files from the sinking ship of cloud storage. The blockade…

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Cloud Service Restrictions in Russia: What Users Need to Know

On March 15, 2024, Softline confirmed the suspension of access to cloud services from Microsoft, Amazon, and Google in Russia starting from March 20, 2024. This move is in response to new EU regulations restricting the supply of certain…

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Walmart Reigns Supreme in the Grocery Kingdom

Walmart stands tall as America's unrivaled grocery king, with a massive $264 billion in US grocery sales last year, leaving competitors like Kroger and Albertsons in the dust. The retail giant's dominance in the grocery sector is…

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IFS Appoints Merlin Knott as President of IFS assyst

IFS, the global cloud enterprise software company, has named Merlin Knott as President of the IFS Enterprise Service Management business. Knott's appointment signifies a focus on customer success and growth through new routes-to-market…

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Funding

Cathedral Studios: A Rising Star in the Indie Game Scene

Cathedral Studios, a UK-based indie game studio, recently closed a seed funding round of $6.66 million, led by Arca and supported by key industry players like Hartmann Capital, LiquidX, IVC, 6th Man & Spartan. This funding will fuel the…

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Funding

Uber Drives Moove's $100M Investment in African Mobility Fintech

Moove, an African mobility fintech, secures $100 million in funding led by Uber, pushing its valuation to $750 million. The investment will fuel Moove's expansion into new markets, offering vehicle financing to ride-hailing and delivery…

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Funding

Pocket FM's Melodic Rise: A Symphony of Success

Pocket FM, the audio entertainment platform, has struck a chord with investors, raising a harmonious $103 million in Series D funding led by Lightspeed. With a total funding of $196.5 million, the company is hitting all the right notes as…

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Biden's Climate Jobs Program Gains Momentum

President Joe Biden's push for a federal climate jobs program is gaining traction, with plans to hire 20,000 workers this year. The American Climate Corps aims to address the climate crisis and close the green-skills gap, targeting young…

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Fox News Faces Lawsuit Over Ukrainian Reporter's Death

The family of Oleksandra "Sasha" Kuvshynova, a Ukrainian journalist who died while reporting on the war in Ukraine, has filed a lawsuit against Fox News. The lawsuit accuses Fox News of negligence for ignoring warnings to stay out of a war…

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Elon Musk's Controversial Statements and Ketamine Use

Elon Musk's controversial statements on DEI and his admission of using ketamine to enhance performance have sparked debates and discussions in the tech world. Musk's defense of his stance on aviation-industry DEI, citing social media…

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Lara Trump: The Rising Power in the GOP

Lara Trump, the daughter-in-law of Donald Trump, has emerged as a key figure in the Republican National Committee, handpicked by the former president himself. With a background in TV news, a passion for dog rescue charities, and a strong…

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AI Chatbots of Dead Celebrities: A Controversial Trend

People are using AI to talk to dead celebrities like Marilyn Monroe, sparking ethical debates and concerns about consent. The rise of AI-powered digital recreations of celebrities raises questions about privacy and exploitation.

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Tshwane Load Shedding Woes Continue

The City of Tshwane is facing ongoing challenges with load shedding. Eskom is enforcing Stage 2 load shedding until further notice, causing disruptions for residents. Despite efforts to update the schedule, the situation remains critical…

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