Funding Vc

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IndusGo, FretBox, and Doqfy raise funding

Your Story 21 Mar 2023

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 JSS STEP, India Accelerator, and Angel investors ... The funding will ...

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Crypto slump leaves VCs eying startup bargains, but they’re facing tighter pocket books

The Block 21 Mar 2023

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.

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Saudi Venture Capital launches $80m Saudi fintech fund

Arab News 21 Mar 2023

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.

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Dubai Future District Fund eyes over Dh25 billion assets under management in 10 years

Khaleejtimes 21 Mar 2023

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.

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Boyd Street Ventures Selected To Receive $10 Million Investment From OCAST

MENA FN 21 Mar 2023

(MENAFN - EIN Presswire) Under the Radar. Above the Crowd.TM Funds from Oklahoma Center for the Advancement of Science and Technology will allow VC firm to accelerate its support of innovative ... .

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Bionic Health raises $3M for its AI health clinic using GPT-4 and other ML models ...

Crunch 21 Mar 2023

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).

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Security Industry Veterans Launch Oleria Out of Stealth Mode with $8M Seed Funding

Ellensburg Daily Record 21 Mar 2023

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.

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SV Bank and the Only Choice We Have

WhoWhatWhy 21 Mar 2023

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.

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ECM PCB Stator Technology Appoints Seasoned Investment Executive Bill Warner to Board of Directors

Hastings Tribune 21 Mar 2023

NEEDHAM, Mass.--(BUSINESS WIRE)--Mar 21, 2023--. US Electric motor design and software company ECM PCB 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 ... .

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Naspers Foundry is dead, here’s the next ideal fund

Independent online (SA) 20 Mar 2023

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.

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RookMotion Raises $1.7M in Pre-Seed Funding to Empower Companies With More Actionable Health Data, Rebrands ...

Hastings Tribune 20 Mar 2023

This new funding round was led by the NuFund Venture Group 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.

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What happens when your AI chatbot stops loving you back?

The Daily Herald 20 Mar 2023

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 ...

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Credit Suisse's $3.2 billion cut-price sale signals an ongoing crisis that could expose unicorn fintechs

Business Insider 20 Mar 2023

Credit Suisse suffered idiosyncratic problems, such as a spying scandal involving former CEO Tidjane 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.

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US bank busts: A brief history starting 2008

Live Mint 20 Mar 2023

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 ...

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Web3 Gaming Studio Shrapnel Chooses Bitwave to Streamline Its Crypto Accounting Operations

Hastings Tribune 20 Mar 2023

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 ... .