Matrix backs Indian business financing firm FSBC
Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).
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...
Sam Altman Receives $75 Million From the University of Michigan for New Venture Capital Fund: Report
OpenAI CEO Sam Altman has reportedly secured a $75 million investment ...
Elon Musk's AI Startup X.AI Seeks to Raise $1 Billion From Equity Investors
Elon Musk's artificial intelligence startup X.AI reportedly seeks to r...
Latest News
Lightspeed Venture backs professional Frisbee league in San Jose
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
OpenText shells out $1M to open data center in Australia
Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
Warner Bros mulls investing $10M to $15M in YouTube game video site Machinima
Burbank, US-based movie company Warner Bros is mulling over a $10 million to $15 million investment in YouTube game-focused web video site Machinima, according to a report by the Wall Street Journal (
The Black Tux secures $2.6M in first funding round
Lerer Ventures led the first institutional funding round for tuxedo rental business The Black Tux which raised $2.6 million to offer clients cheaper yet higher quality suit and tie, TechCrunch reporte
Li Ka-Shing leads $23M investment in US-based fake egg startup
Li Ka-Shing, the richest man in Asia, led a $23-million investment round in Silicon Valley, US-based synthetic egg startup Hampton Creek which is preparing to conquer the Asian market.
Texas storage marketplace SpareFoot raises $10M in funding
Texas, US-based storage marketplace SpareFoot raised $10 million in a new funding round from Insight Venture Partners for the company's growth, product development, and expansion efforts in the storag
Navigator Campus is Russia's first private technology park focused on hardware
Navigator Campus is going to be the first private technology park dedicated to hardware to be launched in Russia. It will focus on projects like wearables, 3-D printing and consumer robotics.
