Tech

Global Venture Capital Funding Faces Significant Decline in 2023: GlobalData

The global venture capital (VC) landscape experienced a substantial setback in 2023, and the United States was not immune to this trend. According to GlobalData,...

UK Venture Capital Funding Witnesses Significant Decline in 2023: GlobalData Report

The United Kingdom has experienced a notable decrease in venture capital (VC) funding deals in 2023, says GlobalData. A total of 1,260 VC funding deals...

VC Funding in Fintech Takes a Hit in 2023, But Industry Shows Signs of Stabilization for 2024

Venture capital investment in fintechs experienced a significant 42 percent year-over-year decline, totaling $35 billion in 2023, according to data from S&P Global Market...

Quantinuum Raises $300 mn in VC Funding in Quantum Computing Push

Honeywell International announced that its quantum computing subsidiary, Quantinuum, has raised $300 million in a VC funding round. The funding initiative, spearheaded by JPMorgan Chase,...

U.S. Startup VC Funding Dips to $170.6 bn in 2023 Amid Valuation Resets and Market Caution

U.S. investors injected $170.6 billion into startups in 2023, marking a notable decrease of almost 30 percent from the previous year’s figure of $242.2...

BlackRock Reduces Valuation of Byju’s to $1 bn, Significantly Down from 2022 High

Global asset manager BlackRock has once again devalued its holdings in the Indian online education technology startup Byju’s. The implied valuation has been slashed...

AI firm Nabla Secures $24 mn in VC Funding Led by Cathay Innovation

Nabla, a provider of ambient AI assistant for medical practitioners, has raised $24 million in a Series B VC funding round. Spearheaded by Cathay Innovation,...

We Founder Circle Emerges as India’s Largest Angel Investor Network

We Founder Circle (WFC) has become the leading angel investor network in India. The VC funding firm announced its participation in 103 deals encompassing...