IndusGo raises Rs 100 Cr in its second round of funding. Self-drive car rentals platform, IndusGo bagged funding of Rs 100 crore from the parent company, Indus Motors ... FretBox raises pre-Seed funding of Rs 10M from JSSSTEP, IndiaAccelerator, and Angel investors ... The funding will ...
In short, every man and his (NFT of a) dog wants to raise a VC fund ... to Paid-In Capital on previous funds, a recognized brand and deep specialization in the market.” DPI is a measure of how much money a VC has sent back to an LP divided by what that LP paid into the fund.
The ‘Investment in Fintech VC Fund’ was launched in partnership with Saudi Arabia’s Capital Market Authority and the Financial Sector Development Program to preserve the Kingdom’s fintech industry growth that attracted almost 25 percent of all Saudi venture capital funding last year.
While speaking at the inaugural annual general meeting, Sharif El-Badawi said the fund has committed $28 million so far ... In terms of allocations, we are investing 50 per cent in VC funds… We are investing in international funds that are making a presence in Dubai as there has been massive interest,” he added.
The startup has raised $3 million in seed funding to create what it describes as an “AI health clinic” ... “We are losing primary care doctors every day ... IDEA Fund Partners, Studio VC, Alumni Ventures, Tweener Fund, AI Operator’s Fund, and Operator.VC all participated in this round ... Durham AI tech guys stick together, I suppose).
The funding round was led by Salesforce Ventures, with participation from Tapestry VC and angel investors including CEOs and CISOs of prominent tech and security companies ...View original content.https.//www.prnewswire.com/news-releases/security-industry-veterans-launch-oleria-out-of-stealth-mode-with-8m-seed-funding-301777286.html.
The sales followed larger than expected declines in deposits as its clients have withdrawn many of their funds on deposit to pay their bills faster than the bank anticipated ... I was in one deal where the lead VC for our funding required a secret kickback of a certain % of the company stock and that this arrangement be kept secret from the firm.
NEEDHAM, Mass.--(BUSINESS WIRE)--Mar 21, 2023--. US Electric motor design and software company ECMPCB Stator Technology has appointed veteran venture capitalist and company builder Bill Warner to its Board of Directors...View the full release here ... He currently serves as an LP at 9 active VC funds and has invested in and advised over 60 startups ... PUB ... .
It’s important to recognise the fact that at the time it was founded, venture capital (VC) funds were at an infancy stage in South Africa and there were very few (there still are) ... Naspers Foundry was unique in the sense that it was a corporate venture fund as opposed to VC funds by wealthy individuals, who tend to fund within their networks.
This new funding round was led by the NuFund VentureGroup and included participation from many prominent VC and angel groups, including AlliedVC, CrossOceanFund, Harvard Business Fund, Hilltop Venture Partners, InstaVC, IrieVC, IQ Ventures, Liebenthal, Mana Ventures, MCMA VC, Stadia Ventures, Techstars, and TheSageHouse.
Many blue-chip venture capitalists won't touch "vice" industries such as porn or alcohol, fearing reputational risk for them and their limited partners, said Andrew Artz, an investor at VC fund Dark Arts ... Two Replika board members, Sven Strohband of VC firm Khosla Ventures, and ...
Credit Suisse suffered idiosyncratic problems, such as a spying scandal involving former CEOTidjane Thiam, as well as crises relating to its relationships with hedge fund Archegos Capital and financial group Greensill Capital ... In a 2022 funding round, Klarna took an 85% valuation haircut.
This racy growth was mainly due to venture capital funds and tech startups, which formed a bulk of its customers ... The bank had a low loan-to-deposit ratio, because its customers, startups and VC firms, were flush with cash during much of the pandemic. SVB invested these funds in ...
SAN FRANCISCO--(BUSINESS WIRE)--Mar 20, 2023-- ...Shrapnel is the first AAA web3 gaming studio, known for pushing the boundaries of innovation in their industry ... About Shrapnel. ... About Bitwave. ... In 2022, Bitwave received a $15M Series A funding raise backed by Hack VC, Blockchain Capital, and Signal Fire to expand its crypto accounting software ... CONTACT ... .