A new R300-million fund has been launched to invest seed capital in promising tech start-ups in South Africa. The Seed Fund of Funds initiative is backed by the Department of Science and Innovation, its entity the Technology Innovation Agency (TIA), and impact investors. The fund aims to provide early-stage capital funding to at least 50 ... Read more ›
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Air Doctor, a digital platform connecting travelers to healthcare providers, has secured $20 million in Series B funding to further develop its international network. The investment round was led by aMoon, with participation from Tokio Marine Holdings, Samsung Ventures, and existing investors such as Lightspeed Venture Partners. This funding aims to bolster Air Doctor’s expansion ... Read more ›
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A hidden microphone installed on a street pole in San Francisco’s Mission district is capturing the musical tastes of the neighborhood. The device, dubbed the “Bop Spotter,” was set up by 22-year-old Riley Walz, who moved to the city in January 2023 to co-found an AI-related startup. The Bop Spotter consists of a solar-powered box ... Read more ›
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Les Szekely, SiteMinder’s first angel investor and a Non-Executive Director, will scale back his shareholding and retire from the board by the end of 2024. Szekely plans to focus on nurturing new technology startups. SiteMinder acknowledges Szekely’s substantial contributions to the company’s growth. He has played an instrumental role in shaping the company’s journey through ... Read more ›
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The Internal Rate of Return (IRR) is an important measure in venture capital that helps investors understand how well their investments are doing. By looking at the IRR, investors can see the potential profits and make better decisions about where to put their money. This article will break down what IRR is, how it’s calculated, ... Read more ›
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Visa has launched the “She’s Next” program to support women entrepreneurs and foster inclusive growth. The program has dedicated around $3 million to fund over 250 grants and coaching opportunities for women small business owners since 2020. Winners receive a $50,000 grant along with customized training and technical assistance to improve their business and digital ... Read more ›
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The iPhone 16 Pro Max is Apple’s latest flagship smartphone. It boasts a large 6.9-inch Super Retina XDR touchscreen display with a resolution of 2,868 x 1,320 pixels. I actively take photos with the new iPhone 16 Pro and compare it with my previous iPhone 15 Pro Max, and there is practically no difference at ... Read more ›
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Apple released iOS 18 on September 16, 2024. It offers many new features for iPhone users. One of these features is enhanced functionality for the Control Center. The update allows you to transform your Control Center into a hub for all your favorite controls and apps. Control Center was first introduced in 2013. It provided ... Read more ›
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The FBI is investigating a Palo Alto, California-based venture firm funded by a Chinese private equity firm. The probe aims to determine if some of the firm’s capital came from the Chinese government and if it shared sensitive startup data with Beijing. The firm, originally launched with $115 million from China’s CSC Group, has invested ... Read more ›
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Apple’s iPhone 16 Pro Max is a bigger upgrade than many expected. The phone has two extra buttons that weren’t there before. The Camera Control button opens the Camera with a single click or a double-click if the screen is off. I actively take photos with the new iPhone 16 Pro and compare it with ... Read more ›
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PC Jeweller’s stock surged 5% on Tuesday, hitting a new 52-week high of ₹187.07. This followed the company’s announcement of a 1:10 stock split and a plan to raise ₹646 crore. PC Jeweller will split its equity shares, turning each ₹10 share into ten ₹1 shares. It will also issue 11.5 crore fully convertible warrants ... Read more ›
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Aktis Oncology, a Boston-based biotech company, has raised $175 million in a Series B funding round. The company focuses on developing radiopharmaceutical drugs that target and treat solid tumors, including bladder cancer. The funding was led by RA Capital Management, with RTW Investments and Janus Henderson Investors as co-leads. Existing investors, such as Bristol Myers ... Read more ›
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Sam Altman announced his departure from OpenAI last week. What is going on inside big AI firms 👇👇👇 "OpenAI as we knew it is dead: Why the AI giant went for-profit | Vox" https://t.co/1qP2Y6v4pY — Antonio Estella (@AntonioEstella) September 29, 2024 In a post on X (formerly Twitter), Altman wrote, “I’m stepping away because I ... Read more ›
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China’s stock market surged on Monday, with major indexes rising over 8% on optimism over government stimulus measures. The #StockMarket is headed for its first positive September since 2019 as the #economy remains healthy. There could also be signs of lower #inflation. Learn more here. $NVDA $MU $WYNN $LVS $FCXhttps://t.co/BSctMDxWDt — TradeStation (@TradeStation) September 30, ... Read more ›
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The Federal Reserve has officially started its rate-cutting cycle. On September 18, the central bank slashed the key funds rate by half a percent, a more aggressive move than anticipated. This decision is projected to relieve some pressure on consumers, potentially leading to lower credit card and mortgage rates. While most experts had predicted a ... Read more ›
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Ankush Sachdeva, the 31-year-old CEO and founder of ShareChat, has topped the Hurun India 2024 Under 35 list. This list recognizes outstanding Indian entrepreneurs under the age of 35 who have made significant contributions in their respective fields. Sachdeva’s journey to success was not an easy one. He faced failure 17 times before finally achieving ... Read more ›
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Atlas Metrics, a Berlin-based ESG data management startup, has raised €12.2 million in a Series A funding round. The company plans to use the funds to invest in its team, expand into new markets, and further develop its ESG compliance and performance management platform. Founded in 2021, Atlas Metrics provides solutions that help organizations, primarily ... Read more ›
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The European venture capital landscape is undergoing significant changes as various factors shape its future. Investors are navigating through challenges like inflation and economic uncertainty while also adapting their strategies. The rise of technology and shifting market dynamics are influencing where and how capital is allocated. This article explores current trends, challenges, and opportunities within ... Read more ›
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Knowing someone’s work history can be important for many reasons, like hiring someone for a job or checking on a friend’s job status. This article will help you understand how to find out where someone has worked in the past, using different methods available today. Key Takeaways Employment history can be found on platforms like ... Read more ›
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Kalamazoo Forward Ventures (KZFV), Southwest Michigan’s first Black-owned venture capital firm, launched Tuesday with a $50 million capital commitment. The firm, led by seven successful, community-driven men from Michigan, aims to invest in innovative startups and marginalized founders. “We came up with that fund by thinking about what we want to accomplish in the community ... Read more ›
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Most popular sources
Tech Wire Asia
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28% 22 |
Business Insider
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21% 3 |
CNET
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9% 6 |
Eurogamer.net
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5% 1 |
Gizmodo
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5% 2 |
| View sources » | |
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28.11.2024 10:38
Last update: 10:31 EDT.
News rating updated: 17:32.
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