VC funding for tech

Investment in insurance technology firms dips 50% to $2.4 bn

Global investment in insurance technology firms dropped 50 percent to $2.41 billion in the second quarter, broker Gallagher Re said in a report. Insurance tech...
Dollar spending on technology

Singtel Innov8 to invest $350 mn in tech start-ups

Singtel announced its plan to invest an addition $100 million into Singtel Innov8, its venture capital arm, raising its commitment to $350 million. Innov8 invests...
VC funding for tech

Insignia Ventures raises $516 mn targeting tech firms in Southeast Asia

Insignia Ventures Partners has raised $516 million and it will be targeting to make investment in technology companies in Southeast Asia. “We could have raised...
VC funding for tech

Spotnana raises $75 mn in VC funding led by Durable Capital

Spotnana, a provider of travel technology, has raised $75 million in a Series B VC funding led by Durable Capital Partners LP, with participation...
VC funding for tech

Battery Ventures closes new funds totaling $3.8 bn

Battery Ventures, a technology-focused investment firm, has closed new funds totaling $3.8 billion. Battery Ventures will use the new capital to make VC funding in...
5ire team

Blockchain startup 5ire raises $100 mn in VC funding

Blockchain startup 5ire has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri...
Dollar spending on technology

Motive Partners raises $2.54 bn for VC funding

Motive Partners, a private equity firm focused on financial technology, announced the final close of its second flagship fund, Motive Capital Fund 2, with...
VC funding for tech

Lightspeed raises $7 billion for VC funding

Lightspeed Venture Partners announced a fund raise of more than $7 billion that includes a $500 million early-stage fund for the startups in the...
Google South Korea

Google will slow down hiring for the rest of the year

Alphabet said it would slow down hiring for the rest of the year, as decades-high inflation and the fallout from the Ukraine crisis pressure...
Dollar spending on technology

Software maker SingleStore raises $116 mn in VC funding

Software maker SingleStore has raised $116 million in a venture capital funding round led by Goldman Sachs Asset Management. The VC funding round took SingleStore’s...



Hey there!

Be sure to subscribe to our daily newsletter if you want more Information Technology news!