Venture Capital: Latest News and Analysis

ARPU
Ex-Twitch CEO Emmett Shear Launches AI Startup Backed by a16z

Emmett Shear, former CEO of Twitch, is venturing into the world of artificial intelligence with a new stealth startup called Stem AI, reports TechCrunch. Public documents reveal that the company was incorporated in June 2023 and filed for a trademark in August of the same year. Shear is listed as

TechCrunch
Here’s the full list of 49 US AI startups that have raised $100M or more in 2024
AI startups continue to dominate the venture capital funding landscape. Here are the all the megarounds so far in 2024.
TechCrunch
The year is coming to a close, but startup news keeps rolling in
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here.
TechCrunch
EV startup Canoo places remaining employees on a ‘mandatory unpaid break’
Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the ...
TechCrunch
Swizzle Ventures raises $5M for inaugural fund addressing women’s health and wealth
There is a new venture fund in town. Swizzle Ventures ... It has invested in at least one company so far, according to PitchBook: the mental healthcare platform Mavida Health. Kamada did not respond ...
ARPU
ASML, Dutch Tech Firms Pledge $230M for Eindhoven Infrastructure

A group of Dutch technology companies, including chip equipment maker ASML, will contribute approximately $230 million to a fund aimed at developing infrastructure in the Eindhoven region of the Netherlands, reports Reuters. This move aligns with "Operation Beethoven," a government initiative to invest €2.5 billion ($2.

ARPU
Ant Group Denies Imminent IPO Restart Despite Recent Speculation

Ant Group, the fintech affiliate of Alibaba, has poured cold water on speculation that it is preparing to relaunch its initial public offering (IPO), according to a statement released Thursday on its Weibo account. The company said it "currently has no plans to go public, and there are no

Financial Times
Big bets on AI point to venture capital industry’s shift
Fewer, bigger funds pumping ever-larger amounts into an increasingly narrow range of companies, almost all of them in AI: it’s a long way from the model on which venture was founded, of spreading ...
TechCrunch
Over 20 venture firms pledge to not take money from China, Russia
In the venture capital world, it’s mostly a hypothetical fear ... And in February, a congressional committee report called out five U.S. investment firms for investing in Chinese companies, claiming ...
TechCrunch
In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to ...
TechCrunch
In just 4 months, AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to ...
TechCrunch
Perplexity has reportedly closed a $500M funding round
AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion.
SiliconANGLE
PitchBook: Enterprise tech momentum in 2025 will be fueled by AI growth and crypto revival
The enterprise technology market is set to undergo transformative changes in 2025, driven by advancements in artificial intelligence, crypto and vertical integration, according to the annual 2025 ...
Bloomberg
Grover Creditor Warns German Startup Risks Defaulting Next Week
One of Grover’s main creditors warned it could withdraw emergency funding as soon as next week, sending the troubled German startup into default, if shareholders obstruct its restructuring plan.
Fortune
Slow Ventures is raising $275 million across two new funds: filings
The New York, San Francisco, and Boston-based early stage fund is run by Kevin Colleran, Sam Lessin, and Will Quist.
Inc
How a Startup Plans to Offer Coverage to High-Risk Homeowners Dropped by Big Insurers
San Francisco company Stand exits stealth mode with a plan—and funding—to offer $2 billion in fire insurance to California property owners left without coverage by legacy insurers.
Bloomberg
AI Startup Perplexity Closes Funding Round at $9 Billion Value
Perplexity AI Inc., an artificial intelligence startup building a search product to compete with Alphabet Inc.’s Google, has closed a $500 million round of funding that triples the company’s valuation ...
VentureBeat
U.S. venture capital outlook for 2025 is looking stronger | Pitchbook
The outlook for U.S. venture capital investments for 2025 looks relatively stronger than what the market has produced in the past few years.
SiliconANGLE
AMD backs $333M funding round for cloud infrastructure provider Vultr
Cloud infrastructure startup Vultr Inc. today disclosed that it has raised a $333 million funding round at a $3.5 billion valuation.
SiliconANGLE
Perplexity AI gets $500M in funding, immediately spends some of it to buy RAG startup Carbon
Perplexity AI Inc., the creator of an artificial intelligence search engine and a competitor to OpenAI, today revealed it has closed on a hefty $500 million funding round that brings its value to a ...
TechCrunch
‘We want to pay it forward’: Funding Societies raises $25M to boost capital for SMEs in Southeast Asia
Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia's GDP, contributing to job creation, innovation, and overall economic
ARPU
Databricks Raises $10 Billion in Biggest US Venture Deal of 2023

Databricks, the US-based data analytics and AI company, has secured $10 billion in funding, marking the largest venture capital deal of the year in the US and valuing the company at $62 billion, reports Reuters. The mega-round was led by some of the largest and most active technology investors in

Bloomberg
Kazakhstan Targets $1 Billion in Venture Fund to Attract Startups
Kazakhstan’s government unveiled plans to target $1 billion in investment to help regional startups and cutting-edge technologies by launching a venture capital fund of funds next year. Central Asia’s ...
TechCrunch
Indian startups raised 32% fewer rounds in 2024 as VCs got selective
Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that Indian startup funding rounds dropped by nearly a third in 2024.
Wall Street Journal
Fundraising by Life Sciences Venture Capitalists Slides
Life sciences venture capitalists are fundraising at their slowest pace since before the Covid-19 pandemic, even though limited partner interest in the biomedical sector remains strong. Venture ...
VentureBeat
Active investors in game devs could fall in 2025 | Pitchbook
And venture capital-backed content developers will struggle to siphon market share from incumbents, according to a report by Pitchbook. The number of active investors in game developers has fallen ...
Financial Times
Smart ring start-up Ōura raises $200mn as valuation leaps to $5.2bn
Ōura, the maker of health-tracking smart rings popular with celebrities and business executives, has raised $200mn in new funding, doubling its valuation since 2022 to $5.2bn.
Fortune
Slow Ventures is raising $275 million across two new funds: Filings
The early-stage VC firm based in New York, San Francisco, and Boston is run by Kevin Colleran, Sam Lessin, and Will Quist.
SiliconANGLE
PitchBook: Private equity funding faces first decline in five years amid maturity pressures
The private equity market may see its first significant slowdown in fundraising activity in five years, according to the annual 2025 US Private Equity Outlook report published by PitchBook Data Inc.
Reuters
AI startup Basis raises $34 million for accounting automation 'agent'
Artificial intelligence startup Basis has raised $34 million in a Series A funding round for its AI-powered accounting automation product, the company said on Tuesday.
SiliconANGLE
AI-powered accounting startup Basis raises $34M in funding
Basis, a startup developing artificial intelligence software for accounting firms, today announced that it has closed an early-stage $34 million investment.
ARPU
Space One Rocket Aborts Flight During Second Launch Attempt

Japanese startup Space One has experienced a setback in its quest to become Japan's first private company to orbit a satellite, with its latest rocket launch ending in an abort, reports Nikkei Asia. The failure marks the second such incident for the company this year.

The 18-meter long

TechCrunch
AI boom masks fundraising struggles for non-AI startups
IVP general partner Tom Loverro proclaimed that the post-pandemic downturn is over, and companies that made it this far should ...
SiliconANGLE
Databricks raising mammoth $10B funding round at $62B valuation
Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation.
Wall Street Journal
Cloud AI Startup Vultr Raises $333 Million at $3.5 Billion Valuation
Chip giant Advanced Micro Devices and hedge fund LuminArx Capital Management raised $333 million for a growth financing round for cloud startup Vultr, a sign of the hot demand for artificial ...
Reuters
Cybersecurity startup Bureau raises $30 mln from Sorenson Capital, PayPal
Dec 18 (Reuters) - Cybersecurity startup Bureau has secured $30 million in a funding round led by Sorenson Capital to expand its presence in new markets, it said on Wednesday. The company focused on ...
Reuters
Cybersecurity startup Bureau raises $30 million from Sorenson Capital, PayPal
Cybersecurity startup Bureau has secured $30 million in a funding round led by Sorenson Capital to expand its presence in new markets, it said on Wednesday. The company focused on preventing user ...
TechRound
The Role of Technology in Boosting Startup Growth and Efficiency
By leveraging technology, an entrepreneur couldn’t be in a better position to create a thriving startup today. After all, such companies have always been a hallmark of innovation, so its important to ...
Fortune
Exclusive: Tokenization startup Plume gets $20 million in funding to build a real-world asset finance ecosystem
As traditional financial institutions look for ways to integrate cryptocurrencies into their offerings, interest is growing in tokenization, the process of creating digital representations stored on a blockchain of real-world assets.
TechCrunch
Felix Capital’s Julien Codorniou to join 20VC as general partner
Just a few weeks after 20VC announced its third investment vehicle, TechCrunch has learned from multiple sources that the relatively new VC firm based in ...
Financial Times
Start-up Vultr hits $3.5bn valuation in funding frenzy for AI cloud groups
Data centre operator raises $333mn from investors in bet that companies will look for alternatives to Microsoft and Google ...
Bloomberg
AI Startup SandboxAQ Raises Funds at Over $5.6 Billion Valuation
SandboxAQ has raised over $300 million at a valuation of more than $5.6 billion, which will help the startup recruit more engineers for an effort to apply quantum technology and techniques to AI ...
Axios
The Shift: Northwest Arkansas' venture capital investment remains highest in region
Axios Visuals Northwest Arkansas companies closed on more than nearly $54 million in investments through the first three quarters of the year, according to PitchBook data shared with Axios. Why it ...
TechCrunch
56 US startups have become unicorns so far in 2024: Here’s the full list
The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other AI startups.
TechCrunch
Jay-Z’s Marcy Venture Partners merges with investment arm of Pendulum Holdings
Jay Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holding’s investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, ...
Inc
Exclusive: Behind Arlan Hamilton’s Decision to Step Down as Managing Partner of Backstage Capital
Backstage Capital founder Arlan Hamilton says it’s time for “fresh leadership” – and for help in keeping the fund’s mission alive.
TechCrunch
Jay-Z's Marcy Venture Partners merges with investment arm of Pendulum Holdings
Jay-Z's venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holdings' investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, ...
TechCrunch
Agave, the startup behind Find the Cat, finds $18M
A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where’s Wally-style drawings of increasing complexity has ...
TechCrunch
Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups
Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going ...