Venture Capital

Human Protocol has gained unicorn status after it raised $30 million in a fresh funding round led by Kingsway Capital. Other venture capital firms that participated in the seed funding round included Animoca Brands, Blockchain.com, Hashed, and Shima Capital.

ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).

Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.

OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high-profile chief executive Sam Altman no longer owns or controls the fund, according to a filing with the US Securities and Exchange Commission.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

Stan has managed to raise an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX Ventures and Coinswitch Ventures. The company disclosed this information in an official announcement shared on January 23. Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, General Catalyst, Climber Capital, and TDV Partners are...

Khosla Ventures, an early supporter of OpenAI, has spearheaded the funding round for Mr Agrawal's AI initiative.

ChatGPT owner OpenAI is not expected to offer Microsoft and other investors including Khosla Ventures and Thrive Capital seats on its new board, a person familiar with the matter told Reuters on Tuesday.

Reed Jobs, eldest son of Apple co-founder Steve Jobs and philanthropist Laurene Powell Jobs, is stepping into the spotlight. The 31-year-old is launching Yosemite, a venture capital firm to invest in new cancer treatments.

Sequoia Capital is supposedly reducing its crypto fund by a whopping 65 percent. The US-headquartered venture crypto fund was valued at $585 million (roughly Rs. 4,813 crore) at the time of its launch in February this year. Its decision to cut down on this funding leaves the capital pool with just $200 million (roughly Rs. 1,645 crore).

The Web3 projects and startups have recorded a significant drop in collecting funding from external sources. Between January and June this year, Web3 firms managed to raise only $3.6 billion (roughly Rs. 29,568 crore) in funding. In the same months last year, Web3 firms had raised $16 billion (roughly Rs. 1,31,404 crore) in funding.

Sound, a music NFT platform, has managed to raise $20 million (roughly Rs. 164 crore) with investments from Snoop Dogg and venture capital firm a16z. Without an infringement from any third party, Sound also lets artists monetise their content and earn from their work.

Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit. DCG and Gemini, two prominent players in the crypto industry, ...

Researchers at AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-li...

One of India's biggest venture capital firms is turning more cautious in its investment strategy, alarmed by crises at homegrown startups such as ed-tech leader Byju's.

Human Protocol has gained unicorn status after it raised $30 million in a fresh funding round led by Kingsway Capital. Other venture capital firms that participated in the seed funding round included Animoca Brands, Blockchain.com, Hashed, and Shima Capital.

ChainML, a Web3-enabled AI platform, is the latest company in the Web3 sector to have secured a notable investment. Led by Hack VC, this investment round fetched $6.2 million (roughly Rs. 51 crore) for ChainML, that aims to decentralise access to artificial intelligence (AI).

Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.

OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high-profile chief executive Sam Altman no longer owns or controls the fund, according to a filing with the US Securities and Exchange Commission.

Venture firms Immutable and King River Capital along with blockchain firm, the Polygon Labs have set up a $100 million (roughly Rs. 83 crores) fund called the Inevitable Games Fund (IGF).

Stan has managed to raise an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX Ventures and Coinswitch Ventures. The company disclosed this information in an official announcement shared on January 23. Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, General Catalyst, Climber Capital, and TDV Partners are...

Khosla Ventures, an early supporter of OpenAI, has spearheaded the funding round for Mr Agrawal's AI initiative.

ChatGPT owner OpenAI is not expected to offer Microsoft and other investors including Khosla Ventures and Thrive Capital seats on its new board, a person familiar with the matter told Reuters on Tuesday.

Reed Jobs, eldest son of Apple co-founder Steve Jobs and philanthropist Laurene Powell Jobs, is stepping into the spotlight. The 31-year-old is launching Yosemite, a venture capital firm to invest in new cancer treatments.

Sequoia Capital is supposedly reducing its crypto fund by a whopping 65 percent. The US-headquartered venture crypto fund was valued at $585 million (roughly Rs. 4,813 crore) at the time of its launch in February this year. Its decision to cut down on this funding leaves the capital pool with just $200 million (roughly Rs. 1,645 crore).

The Web3 projects and startups have recorded a significant drop in collecting funding from external sources. Between January and June this year, Web3 firms managed to raise only $3.6 billion (roughly Rs. 29,568 crore) in funding. In the same months last year, Web3 firms had raised $16 billion (roughly Rs. 1,31,404 crore) in funding.

Sound, a music NFT platform, has managed to raise $20 million (roughly Rs. 164 crore) with investments from Snoop Dogg and venture capital firm a16z. Without an infringement from any third party, Sound also lets artists monetise their content and earn from their work.

Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit. DCG and Gemini, two prominent players in the crypto industry, ...

Researchers at AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-li...

One of India's biggest venture capital firms is turning more cautious in its investment strategy, alarmed by crises at homegrown startups such as ed-tech leader Byju's.