Tag: investment
Socium Expands Focus in Francophone Africa with $5M Seed Round
Socium is a startup based in Senegal that focuses on providing HR solutions tailored to the needs of French-speaking countries in Africa. The company...
Building Relationships in African Markets: Insights from Marlon Nichols
Marlon Nichols recently spoke at AfroTech about the significance of establishing relationships in new markets. He emphasized the importance of connecting with key players...
Oyo Founder Seeks New Investment at $3.8B Valuation
Ritesh Agarwal, the founder of Oyo, is seeking new investment for the Indian hospitality startup. His investment vehicle, Redsprig Innovation Partners, is planning to...
Is Rivian the Key to Volkswagen’s Software Success? VW Invests $5.8B...
Welcome back to TechCrunch Mobility, your go-to source for all things transportation-related. Today, we have some exciting news to share about a recent joint...
Amazon Considers Increasing Investment in Anthropic with One Condition
Amazon is thinking about investing more money in Anthropic, a competitor of OpenAI. The Information reported that Amazon is in discussions to invest multiple...
Why Startups Shouldn’t Always Chase the Highest Valuation, According to Seed...
In the fast-paced world of startup funding, there is a valuable lesson that many entrepreneurs have learned the hard way: chasing the highest valuation...
Initia, the ‘iOS for web3’, Secures $12M Investment from Theory Ventures...
Initia, a groundbreaking company dubbed the 'iOS for web3', has recently secured a significant $12 million investment from Theory Ventures, marking a major milestone...
Bharti to Become BT’s Largest Shareholder with 25% Stake Purchase from...
BT, the U.K.’s former incumbent telecoms carrier, announced a significant new investment from Bharti, the Indian tech and telecoms giant. Bharti has agreed to...
Enhancing Enterprise Operations with Contextual AI: $80M Series A Funding from...
A company called Greycroft has recently announced an $80 million Series A funding round to support the development of their contextual AI technology. This...
Tiger Global Partner Alex Cook to Depart Firm, Sources Confirm
Alex Cook, a partner at Tiger Global, is leaving the firm after almost seven years, according to sources familiar with the situation. Cook, known...
Look North World Secures $2.25M Funding for Fortnite UGC Games and...
Look North World, a game studio and publisher founded by Bungie cofounder Alexander Seropian, has recently secured $2.5 million in funding. This funding will...
Donald Trump Endorses Strategic Bitcoin Stockpile Strategy
Former President Donald Trump revealed his plan to boost the growth of cryptocurrency and transform the United States into a leading crypto mining hub...
Plaiced Acquires Clutch, Backed by Precursor Ventures | TechCrunch
Plaiced, an online social network, has recently acquired Clutch, a marketplace for digital marketing services, according to Madison Long, one of Clutch's co-founders. The...
Egyptian fintech MNT-Halan acquires Turkish fintech to expand, secures $157.5M
Egyptian fintech company MNT-Halan is making big moves in the industry. They have recently secured $157.5 million in funding and have used part of...
JD Vance’s Venture Capital Journey: From Two Firms to Narya, Investing...
JD Vance, known for his work as an author and venture capitalist, has been making waves in the tech world with his new firm,...
Silicon Valley Names Clash Over VC Behavior: David Sacks, Paul Graham...
A recent clash in Silicon Valley has brought to light a long-standing feud between VC David Sacks and Rippling founder Parker Conrad regarding their...
CityRock Fund II: Supporting Diverse Founders | TechCrunch
CityRock Fund II, a part of H/L Ventures, recently closed a $24 million fund to support founders from diverse backgrounds. The fund will focus...
Ike Perlmutter Sells Disney Shares: Former Marvel Chairman’s Move
Ike Perlmutter, the former Marvel Chairman, has recently made headlines by selling his Disney shares. This move comes at a time when Marvel Studios...
Posh: iOS App with TikTok-Like Vertical Feed Raises $22M in Series...
Posh, a new iOS app that features a TikTok-like vertical feed, has recently secured $22 million in Series A funding. The app has already...
Teen Entrepreneur Eric Zhu’s High School Bathroom Startup Raises $2.3M |...
Eric Zhu, a 17-year-old entrepreneur, started his startup called Aviato right from the bathroom of his high school in Carmel, Indiana. This unique platform...
Tech Giants Flock to Malaysia’s Johor State for Data Center Expansion
Tech giants like CrowdStrike, Neowin, The Guardian, and many others are expanding their data centers in Malaysia's Johor State. This move is part of...
Understanding Marc Andreessen and Ben Horowitz’s Support for Trump and the...
Marc Andreessen and Ben Horowitz are two prominent figures in the tech industry who have recently shown support for former President Donald Trump. Their...
How Alphabet’s Wiz Acquisition Could Impact VC Funding | TechCrunch
Alphabet, the parent company of Google, is currently in discussions to acquire cybersecurity startup Wiz for a whopping $23 billion. If this deal goes...
Commure to Acquire Augmedix for $139M in Healthcare Tech Deal
Commure, a healthcare technology company, has made a significant move by acquiring Augmedix for a whopping $139 million. This acquisition marks a major development...
Optimizing Meta’s VR Division Spending for Better Financial Performance
Meta is moving forward with its plans to release more VR headsets and AR glasses in the coming years, but there seems to be...
AI-powered behavior in games: Artificial Agency secures $16M funding
Artificial Agency, a cutting-edge AI startup focused on developing generative behavior for gaming, has recently come out of stealth mode and secured an impressive...
Israel’s Startup Scene Thrives Amid Nine Months of War
The conflict between Israel and Hamas that began last October had many people worried about the impact it would have on the tech industry...
Blue Scarab Entertainment Launches with $7M Investment: New MMORPG Coming Soon
Blue Scarab Entertainment, a new gaming studio based in Stockholm, made its grand entrance today with a significant boost of $7 million in seed...
Sequoia’s Major Investment in Stripe and Success of LatAm Fintechs: TechCrunch...
Welcome to the latest update from TechCrunch Fintech! This week, we delve into Sequoia Capital's unique approach to providing liquidity to its limited partners...
Investigation Launched by UK CMA on Microsoft’s Inflection AI Investment
The UK's Competition and Markets Authority (CMA) has recently launched an investigation into Microsoft's investment in Inflection AI. This move comes after concerns were...
Vectara Raises $25M for Mockingbird LLM Enterprise RAG Applications
Vectara, a company specializing in Retrieval Augmented Generation (RAG) technology, has secured a $25 million Series A funding round to meet the increasing demand...
Polymarket: Crypto Prediction Market Raises $70M+ for Election Betting
Polymarket, a cryptocurrency prediction market, has successfully raised over $70 million for election betting. This news has garnered attention from various reputable sources such...
Nvidia’s AI Inference GPUs Yield 700% ROI: Journey to $4 Trillion...
Nvidia has seen a significant increase in its market value, reaching $3.34 trillion in June 2024. Although it has temporarily dropped below Microsoft and...
Customizable AI Model Platform Fireworks AI Raises $52M from Sequoia, Valued...
Fireworks AI, a platform that allows users to create customizable AI models, has recently secured $52 million in funding from Sequoia, bringing its total...
Reliance Jio to List at $112 Billion Valuation in 2022, Predicts...
Reliance Industries, which is considered the most valuable company in India, is contemplating the idea of listing its telecom arm, Jio, on the public...
AMD to Acquire Finnish Startup in $665 Million Deal to Challenge...
AMD, a US chipmaker, has announced its plans to acquire the Finnish artificial intelligence startup Silo AI for a whopping $665 million. This acquisition...
Index Ventures Secures $2.3 Billion for New Venture and Growth Funds
Index Ventures has secured a whopping $2.3 billion in new funds to support tech startups worldwide. This massive sum is divided into $800 million...
HongShan Raises $2.5B RMB Fund for Tech Investments in China
HongShan, a prominent tech investment firm in China, has recently announced the successful raising of a $2.5 billion RMB fund. This fund is specifically...
AI Healthcare Venture Backed by OpenAI Startup Fund and Arianna Huffington
A new venture called Thrive AI Health is gaining support from Arianna Huffington's mental wellness firm Thrive Global and the OpenAI Startup Fund. The...