Venture Round

OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round

The OpenAI Startup Fund has successfully raised an additional $5 million.


OpenAI Startup Fund Raises $15 Million in New Funding as It Continues to Expand Its Investment in AI Ventures

The OpenAI Startup Fund has quietly concluded a $15 million funding round...

Polyhedra Network Rockets to $1 Billion Valuation with $20M Strategic Funding Round, Backed by Major Crypto Players

Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure...

Elon Musk Refutes xAI $500 Million Funding Report, Labels It 'Fake News'

Elon Musk took to social media to deny a report claiming that his AI startup, xAI, has secured $500 million in commitments from investors...


Latest News

Israeli investment firms get $665 million in 2016
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed wit
Alibaba, Tencent Holdings to Fund Didi Kuaidi $1 Billion
Did Kuaidi, the largest ride-hailing service in China is about to raise $1 billion the same amount that Uber spent last year for its expansion. It is going to be a tough competition for both companies
Canadian venture capital at 10-year high
Led by technology sector, venture capital (VC) investments in Canada reached 10 year high in 2015. Canadian Venture Capital & Private Equity Association (CVCA) said 536 deals in funding for entreprene
Oracle Acquires Ravello Systems for $500 million
It was confirmed on Monday that Israeli company Ravello was acquired by Oracle for $500 million. Ravello joins Oracle's cloud business with high hopes to take on giant tech companies like IBM, Google,
Silicon Valley's F50 rolls out syndication platform
Silicon Valley-based private co-investment platform F50 has the launched beta version of co-investment Syndication Platform. F50 facilitates both the online and offline transactions for investors and
BDC Capital rolls out C$150-mln IT Venture Fund II
BDC Capital, a subsidiary of Business Development Bank of Canada, has launched IT Venture Fund II with corpus of C$150 million. With an objective of bridging gap in the mid-stage funding, the new fund
Ecosystem Investment Partners Closes Fund III Above $200 Million Target
Baltimore private equity firm Ecosystem Investment Partners (EIP) announced on Tuesday that they closed its third fund at $303 million, overriding its target of $200 million. With such amount of equit
Student.com Raised $60 Million From High-Profile Investors to Help Students Find Accommodations
A startup focusing in the student accommodation markets just received $60 million from high-profile firms and individuals, led by VY Capital. Student.com will use the funds to expand its presence and
Swatch Teams Up With Safilo to Design and Distribute Sunglasses Collection
Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement a
Charlottesville Is The Fastest Growing Venture Capital City in the U.S.
According to PwC and NVCA report, Charlottesville has been the fastest growing startup since 2010. Between 2010-2015, venture-backed startups increased 55% annually in the place where Thomas Jefferson
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