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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. 42,115 stories in the archive.

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Monday, March 18, 2024

Allbirds Appoints Joe Vernachio as CEO

Allbirds, the sustainable lifestyle brand, has named Joe Vernachio as its new Chief Executive Officer, taking over from co-founder Joey Zwillinger. Vernachio, with a background in retail and brand building, will lead the company's…

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European Data & AI Consultancy MIcompany Rebrands to Rewire

MIcompany, a leading Data & AI consultancy in Europe, has rebranded to Rewire, expanding its services and footprint across Europe. The new Rewire brand aims to help clients become AI-native organizations by leveraging AI to drive…

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Gartner Marketing Symposium/Xpo 2024: A Transformational Event

Gartner, Inc. is set to host the inaugural Gartner Marketing Symposium/Xpo in London on May 13-14, 2024. This event aims to equip CMOs and marketing leaders with the insights and strategies needed to navigate the ever-evolving marketing…

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Cloud Computing in the Third Decade: A Look Ahead

As cloud computing enters its third decade in 2024, significant changes are on the horizon for hyperscale providers. Economic pressures, anti-monopoly movements, and technological advancements are reshaping the cloud landscape. We…

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Australian Government's AI Hesitation

The Australian government is cautious about adopting citizen-facing AI due to budget constraints and past automation failures. Despite the desire for AI implementation, concerns over privacy, security, and data readiness are slowing down…

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Cybersecurity Burnout in APAC: A Growing Concern

Cybersecurity professionals in the Asia-Pacific region are facing a widespread issue of burnout, with detrimental impacts on individuals and organizations. A recent report by cybersecurity firm Sophos sheds light on the extent, causes, and…

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TrueNAS Enterprise: A Strong Performer in Gartner's 2024 Report

iXsystems' TrueNAS Enterprise shines as a top choice for customers in the latest Gartner Peer Insights report. Recognized for its performance, scalability, and reliability, TrueNAS stands out in the primary storage market. With a 100%…

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Building the Ideal Employer Brand in 2024

To identify trends impacting employer branding, reports from major consulting and research firms were analyzed. These trends were then categorized according to the Employee Value Proposition (EVP) model by Gartner. EVP, or Employee Value…

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Cybersecurity Trends and Threats: A Look into the Future

The world of cybersecurity is constantly evolving, with new threats and trends emerging every day. From ransomware attacks to data breaches, organizations are facing an uphill battle to protect their sensitive information. Let's dive into…

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The Future of AI in Enterprise Data and Analytics

Gartner, Inc. predicts a seismic shift in the landscape of data and analytics, with AI at the forefront. From the abandonment of large language models to the rise of GenAI tools, the future is both uncertain and promising. As organizations…

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IPO

The Rise and Fall of Enterprise SaaS Investment

The software market is booming, with Gartner predicting a $1 trillion global IT spend in 2024. Startups are all about software, especially with the SaaS model. But the venture capital flow into enterprise SaaS hit a rough patch after the…

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Funding

Jumbotail's Rise to the Top

Jumbotail, the B2B marketplace and retail platform for food and grocery, has secured a hefty $18.2 million in a Series C3 round led by Artal Asia Pte. Ltd. and supported by other key investors. This funding will fuel Jumbotail's mission to…

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Funding

Dutch Deeptech Fund DeepTechXL Secures €110M to Support Startups

Eindhoven-based DeepTechXL, a venture capital fund, has successfully closed its DeepTechXL Fund I, raising €110M from key contributors like ASML and pension fund PME. This funding round marks a significant milestone for the VC, situated at…

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Pence's Breakup with Trump: A Conservative Divide

Former Vice President Mike Pence made it crystal clear - he won't be endorsing Donald Trump for the 2024 presidential race. In a bold move, Pence declared that Trump's agenda clashes with the conservative values they once shared. The rift…

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Funding

Youverify: Revolutionizing AML Compliance with Elm Investment

Youverify, a Nigerian provider of identity verification and anti-money laundering solutions, recently secured a $2.5 million investment from Elm, a digital solutions company based in Saudi Arabia. This strategic partnership aims to…

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M&A

Dollar Tree's Family Dollar Woes

Dollar Tree's decision to close nearly 1,000 Family Dollar stores signals a major defeat in the value grocery battle. The chain's acquisition of Family Dollar in 2015 has proven to be a nightmare, with ongoing product safety issues and…

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Boeing's Troubles Continue to Mount

Boeing's year of turmoil continues as scandals, production issues, and tragedies plague the iconic aircraft manufacturer. From whistleblower deaths to quality control concerns, the future looks bleak for the once-revered company.

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The Jet-Setting Life of an 'Airline Nepo Baby'

Meet Joshua Crawford, the 23-year-old self-proclaimed "airline nepo baby" who has been flying for free since birth, thanks to his father's 30-year career with United Airlines. Crawford enjoys last-minute trips to exotic destinations like…

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