Austrian VC Elevator Ventures launches new 70M VC fund to foster fintech and banking innovation
Elevator Ventures launched a 70M Venture Capital fund (EV II) focusing on Series A & B stage innovative companies.
The partnership with Elevator Ventures demonstrates a commitment to promoting entrepreneurship and supporting startups in Fintech & Beyond Banking. [ more ]
Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation | TechCrunch
Ramp raised $150 million at a $7.65 billion valuation, led by Khosla Ventures and Founders Fund, to boost revenue growth and continue expansion. [ more ]
Evolution Equity Partners raises $1.1B for new cybersecurity and AI fund | TechCrunch
Investment in cybersecurity dropped 40% but is showing signs of recovery. Evolution Equity Partners launched a $1.1 billion cybersecurity and AI fund. [ more ]
Major investors include SemperVirens Venture Capital, Rebalance Capital, Sequoia Capital, and fifteen investors in Clerq, and nine investors in Alaffia Health. [ more ]
HD raises $5.6M to build a Sierra AI for healthcare in Southeast Asia | TechCrunch
Chatbots have evolved from basic, predetermined replies to leveraging large language models for complex problem-solving.
Startups, like Thailand's HD, are utilizing generative AI to create custom chatbots for industries such as healthcare, improving customer engagement. [ more ]
South Korea to focus on growing console game industry in bold five year plan
South Korea plans to boost its share in the global console game market by supporting local companies and collaborating with major global players like Microsoft, Sony, and Nintendo. [ more ]
Startup Spotlight: UAE-Based Finanshels Offers A Dedicated Finance Team At Affordable Cost | Entrepreneur
Finanshels aims to solve the high cost of hiring finance experts for SMEs, automate accounting tasks, and provide real-time insights for decision-making. [ more ]
How Can Digital Health Startups Stand Out In Today's Landscape?
Startups need to prove quick ROI and demonstrate improved outcomes to successfully fundraise in the current digital health funding environment. [ more ]
Ted Schlein's 2-year-old Ballistic Ventures has already raised a second $360 million fund Ted Schlein's cybersecurity-focused Ballistic Ventures has already raised a second $360 million fund after only two years
Ballistic Ventures closed a $360 million fund after surpassing the initial $300 million goal swiftly.
The firm maintains a hands-on approach with their startups, including taking board seats and engaging with founders frequently. [ more ]