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Venture funding has always been a world of haves and have nots. And these days, the haves are having more than ever. Case in point this week was generative AI giant Anthropic's $65 billion Series H funding, followed by a billion-dollar funding for an AI software developer.
Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 million funding round. While overall capital raised surged, the number of funding rounds saw a decline compared to the previous year. Late-stage deals dominated t
Co-founded by Molly Huyck and Amie Konwinski, Aequitas Invest's funding portal provides women-led businesses a way to raise capital. Crunchbase News recently spoke to the founders to learn more about their plans to help female entrepreneurs raise and hold on to more equity.
The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and the chips get leased back. The two firms are bring
The $100 million Wingman is visible from the Magnolia Bridge and the Elliott Bay Trail that runs along the waterfront, but it blends in more easily at a terminal used for cruise ships. Read More
StrictlyVC Los Angeles is on June 18. Join for meaningful networking and fireside chats with leaders from Mach Industries, Shinkei Systems, and more. Register today.
Groq is seeking $650 million from its investors. This comes after a significant $17 billion licensing deal with Nvidia. Groq is now concentrating on AI inferencing. Investors are set to receive payouts from the Nvidia deal. They will then have the chance to invest in Groq's new phase. This move sign
Transition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a $150m second fund, bringing the platform’s assets under management to over $300m. Fund II will continue Transition’s thesis that the most consequential companies of the coming decade will sit
Cognition Inc., a provider of artificial intelligence programming tools, today announced that it has raised more than $1 billion in funding. Lux Capital, General Catalyst and 8VC led the Series D round with contributions from more than a dozen others. The deal values Cognition at $26 billion, about
US-based venture capital firm Altimeter Capital has offloaded 1.56 Cr shares in fintech major Pine Labs in a block deal…
Financing startup Capchase has secured a new round of funding, consisting of $26 million in equity and a $174 million credit facility, the company told Crunchbase News exclusively.
Historically “uninvestable” sectors are getting more opportunities to bring in funding, creating a rare opportunity for specialized founders and investors to disrupt trillion-dollar industrial markets with vertically integrated, AI-driven software. In this guest commentary, Thomas Cuvelier of RTP Gl
Growth-stage venture capital (VC) firm Physis Capital has announced the final close of its maiden fund at ₹400 Cr ($48…
Himalaya Wealth Managers LLP has announced the launch of a new SEBI-registered Category I alternative investment fund (AIF), Himalaya SME…
Venture Catalysts++ will present twelve promising startups on its upcoming Demo Day 7. These companies are seeking a collective $46 million from global investors. The event will highlight innovations in Deeptech, AI, Aerospace, Climate tech, Sustainability, Defence, and Consumer Brands. Early invest
WeRoad, the Milan-based group travel startup, has raised a $58 million Series C round led by Airbnb as it prepares for its first major expansion outside Europe. The funding brings the company’s total capital raised to roughly $100 million and will finance WeRoad’s push into the U.S., beginning with
Artificial intelligence training data provider Human Archive Inc. today announced that it has raised $8.2 million in funding. Wing Venture Capital, NVP Capital, Y Combinator headlined the consortium that provided the capital. The funds were joined by employees at Nvidia Corp., OpenAI Group PBC, Goog
Happy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today’s ETtech Morning Dispatch.
Fundamentum Partnership partner and cofounder Ashish Kumar has launched a new private investment platform, Fundamentum Frontier Advisors (F2A), to invest…
The AI and deeptech-focused fund, backed by Nandan Nilekani as anchor investor, will invest in startups operating across consumer, enterprise, and physical AI segments.
