Legal Software Firm Clio Raises $900M Round To Power Ai Advances
Clio believes t AI will help lawyers by giving them more time to find and serve more people who are currently doing without representation.
Games Vc Funding Keeps Declining, 90% Goes To Early Stage | Konvoy Ventures
Games funding declines are slowing, but 89% of placements go to early-stage startups according to Konvoy Ventures' latest report. :
According to games VC fund Konvoy Ventures’ report, the games industry has opportunities to grow, but funding has not bounced back quite yet. In the first half of 2024, private funding for games (i.e. private equity, growth equity, corporate minorities, PIPEs, and VC funding excluding M&A transactions) totals $2.89 billion. While this exceeds 2023’s annual total of $2.80 billion, this was a result of Disney’s $1.5 billion investment into Epic Games.
Aven Gains $142M Series D Funding
SAN FRANCISCO, CA, Aven has announced a $142 million Series D round of funding led by Khosla Ventures and General Catalyst.
Venture Capital Investment In 2024 – Skift Travel Podcast
Venture capital investment in the travel industry has decreased substantially in recent years. -Rashaad Jorden. :
The travel industry only registered $2.9 billion of venture capital investment last year, the lowest level in a decade. Head of Research Seth Borko discussed that and other travel funding trends with Travel Technology Reporter Justin Dawes and Senior Research Analyst Pranavi Agarwal in this episode of the Skift Travel Podcast. Significant Decline in Venture Capital Funding: The travel industry saw a decade low in venture capital funding in 2023, with only $2.9 billion invested, a significant drop from the $9 billion in 2019.
Women-led Indian Startups See 81% Yoy Surge In Funding In H1 2024
After a significant drop in capital secured by women-led startups last year, such startups remained on investors’ priority list in…
Element Biosciences Nets $277M Ahead Of New Sequencer Launch
Element Biosciences nets $277M ahead of new sequencer launch
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Thu, 07/11/2024 - 13:58.:
Looking to be more upstart than startup, Element Biosciences has raised more than $277 million in new venture capital funding to help it take on the DNA sequencing giant located right down the road from its home in San Diego. The proceeds will help fund the current commercialization of its Aviti benchtop genomic analyzer as well as the upcoming launch of its next-generation Aviti24 system, which also incorporates cell profiling and multi-omic capabilities.
Prosus Changes Gears To Focus On Early Stage Startups In India
Prosus, one of the most active investors in the Indian startup ecosystem, is gradually undergoing a shift in its India…
Britain’s $33B Banking App Revolut Has Swung Into Profit While Still Trapped In Banking License Limbo | Fortune Europe
Revolut's CEO and co-founder Nik Storonsky said the fintech "remains committed" to its U.K. banking license application. :
After years of losses, British banking app Revolut finally turned a corner last year. Its revenues almost doubled to £1.8 billion ($2.27 billion), helping it turn a pre-tax profit of £438 million ($553 million). The news will be a relief for the fintech’s top-tier investors including Index Ventures, Softbank Vision Fund 2 and Balderton Capital, who have collectively poured over $2 billion into the company since 2015. Revolut’s surge in profits was driven by a 46% jump in customers.
Exclusive: Logistics & Distribution Startup Ripplr To Raise $4.7 Mn Debt From Northern Arc
Bengaluru-based Ripplr is raising INR 40 Cr ($4.7 Mn) debt from IPO-bound Northern Arc. According to Ripplr’s regulatory filings, the…
Karmacheck Raises $45M For Background Check Platform
KarmaCheck has raised $45 million in a Series B funding round to accelerate the development of its technology-based solution for background checks, credentialing and compliance. The company will also scale its service levels and expand into new industry verticals, KarmaCheck said in a Thursday (June 27) press release. By streamlining background checks and credentialing, the firm […]
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