Venture Round

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 for his venture capital firm, Hydrazine Capital, from the University of Michigan...


Latest News

Shape Round Raises $25 Million Fund Series D, Eyes Chinese Ecommerce Market
Like other tech giants, Shape Security Inc., ‘Botnets’ security service provider has been eyeing to enter into Chinese ecommerce market since long. Inclusion of Beijing based investor, Northern Light
Leaders Fund Established $100 Million Venture Fund Targeting Software Startups
A group of technology executives in Canada and U.S. launched a Toronto-based $100 million venture fund. The group is focusing to fund enterprise software to establish its investment portfolio.
U.S. Venture Capital Fund Dropped 9% in 2015, But Strong Pace Continued
Venture capital fund in the U.S. dropped by 9% in 2015, but a strong fundraising pace from 2014 continued. Investor become more selective to put the capital in startup companies.
Venture Capital Firms Face Slowdown in Tech Funding
Venture capital firms raise less capital and face a slowdown in tech funding for 2015. However, the number is still above annual average since 2006.
Former Facebook president Sean Parker gave half million dollars for marijuana legalization initiative in California
Former Facebook exec Sean Parker gave $500,000 to a newly formed group that aims to legalize recreational marijuana use in California.
Y Combinator Reshuffles Executives, Gmail Creator Flagships ‘The Startup Accelerator’
In a major setback, Silicon Valley’s largest startup accelerator reshuffles assignments for top executives. After five years of joining, Gmail and FriendFeed dreamer Paul Buchheit replaces Sam Altman
Kleiner to invest in messaging startup Snapchat at near-$10 billion valuation: report
Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, c
Russia's Trellas invests $30 million in VidMind
Israel-based VidMind has just received $30 million in financing from Trellas, one of Russia's largest independent retail groups, which has already invested over $30 million in Vidmind.
Transatomic Power Corporation banks $2 million from part of Founder's Fund
Cambridge, Massachusetts-based Transatomic Power Corporation has just received $2 million from FF Science, part of Founders Fund's $1 billion investment pool targeted at science and engineering-based
FlexWage Solutions secures $3.5 million from unnamed investors
FlexWage Solutions announced it was able to secure $3.5 million in growth funding from several unidentified investment companies as well as high net-worth financial technology executives.
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