Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.
Venture Round
OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round
The OpenAI Startup Fund has successfully raised an additional $5 million. The OpenAI Startup Fund has successfully raised an additional $5 million, according to a filing with the US Securities and Exchange Commission (SEC).
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. The OpenAI Startup Fund has quietly concluded a $15 million funding round. This venture fund, which is related to but technically separate from OpenAI, invests in early-stage AI-related firms.
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
Dymon Asia Ventures is the newly born capital arm of Singapore-based, Dymon Asia Capital, has spring the process to raise a $50-million debut fund, and is solely dedicated to Fintech Space, DEALSTREETASIA has acquired.
Xiaomi’s partnership with India’s Hungama will make it easier, more accessible and more affordable for locals to access the company’s service that will soon be integrated together with themes and ringtones.
Global venture capital funding for financial technology companies hit $13.8 billion last year. The number is a double from previous year, indicating a serious impact of fintech to the financial services.
Optimizely, a San Francisco-based cloud-based startup, is slashing its workforce by 10 percent across all the departments. Based on recent round of finance, Otpimizely was valued at $585 million. Since its inception in 2009, Optimizely has raised over $146 million investments including $58 million round in 2015.
Venture capitalization has appeared as an investment industry rival for banks and insurances. The new trend of raising capital has become much more popular for fintech startups during 2015 while raising $13.8 billion in funding. The raised fund appears just double compared to that in previous year and expected to grow significantly also in 2016.
Citigroup has established a new asset management group to offer varied solutions and services to richest investors across the world. The new global asset management group will function within investment banking business and it'll bring several segments together.
The volume of Philadelphia's venture capital (VC) investments is showing a mixed pattern. Though VC investment grew in 2015 when compared with investments in 2014, the fifth largest city in the US has attracted venture capital investment less than its due share of total funding.
There is a saying "Strike while the iron is hot". That is what Silicon Valley is doing - investing big in India where the economy grows faster.
B.C. clean-tech companies have requested Prime Minister Justin Trudeau to allocate a $500 million venture capital (VC) fund. An alliance comprising 51 clean-tech and investment firms from B.C. province has written a letter to the Prime Minister Trudeau to extend support to clean-tech industry.
