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India's First Rs 250 Crore Deep Tech Fund Launched By IIT Bombay
IIT Bombay launched the Y-Point Venture Capital Fund, India's first deep tech VC fund linked to an academia incubator, to support early-stage startups in high-impact technology sectors.
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Indian-Origin Graduate Fools 27 Investors With Fake Founder Persona, Calls Out "Rigged" Startup World
Mr Khetan criticised the startup and venture capital ecosystem, highlighting how superficial markers of credibility can generate interest, even without a solid product, pitch, or plan.
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Paris Beats London As Europe's Leading Tech Ecosystem
Paris has been named as the new European tech champion, beating London for the first time on some metrics, according to data from Dealroom, which collects information on startups and venture capital firms.
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Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
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"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
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Former OpenAI CTO Mira Murati Said to Be Raising Capital for New AI Startup
Mira Murati is said to be raising funds from venture capitalists for a new AI startup. The former OpenAI CTO, who spent over six years spearheading transformative projects like ChatGPT and DALL-E, is looking to build AI products based on proprietary models. It is not clear if Murati will assume the CEO role at the new venture.
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OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports
he funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion
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Humanity Protocol Raises $30 Million as Blockchain-Based Digital ID Startup Hits Unicorn Status
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.
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Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
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).
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Crypto Startups Turbocharge Valuations as Investment Picks Up
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.
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OpenAI Removes Sam Altman's Ownership Of Its Startup Fund
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.
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Polygon Labs Team With Immutable, King River Capital to Announce Inevitable Games Fund
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).
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Indian Blockchain Esports Firm Stan Raises Over $2 Million in Funding: Details
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...
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Former Twitter CEO Parag Agrawal Raises $30 Million For New AI Startup: Report
Khosla Ventures, an early supporter of OpenAI, has spearheaded the funding round for Mr Agrawal's AI initiative.
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Sequoia Capital Downsizes Crypto-Focussed Fund by 65 Percent Amid Market Slump: Report
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).
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India's First Rs 250 Crore Deep Tech Fund Launched By IIT Bombay
IIT Bombay launched the Y-Point Venture Capital Fund, India's first deep tech VC fund linked to an academia incubator, to support early-stage startups in high-impact technology sectors.
-
Indian-Origin Graduate Fools 27 Investors With Fake Founder Persona, Calls Out "Rigged" Startup World
Mr Khetan criticised the startup and venture capital ecosystem, highlighting how superficial markers of credibility can generate interest, even without a solid product, pitch, or plan.
-
Paris Beats London As Europe's Leading Tech Ecosystem
Paris has been named as the new European tech champion, beating London for the first time on some metrics, according to data from Dealroom, which collects information on startups and venture capital firms.
-
Former OpenAI CTO Mira Murati Launches AI Startup, Poaching Staff From ChatGPT Maker
Former OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including OpenAI, Meta and Mistral.
-
"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
-
Former OpenAI CTO Mira Murati Said to Be Raising Capital for New AI Startup
Mira Murati is said to be raising funds from venture capitalists for a new AI startup. The former OpenAI CTO, who spent over six years spearheading transformative projects like ChatGPT and DALL-E, is looking to build AI products based on proprietary models. It is not clear if Murati will assume the CEO role at the new venture.
-
OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports
he funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion
-
Humanity Protocol Raises $30 Million as Blockchain-Based Digital ID Startup Hits Unicorn Status
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.
-
Web3-AI Firm ChainML Raises Over $6 Million in Funding as 2024 Sees Spike in Capital Inflow
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 Turbocharge Valuations as Investment Picks Up
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 Removes Sam Altman's Ownership Of Its Startup Fund
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.
-
Polygon Labs Team With Immutable, King River Capital to Announce Inevitable Games Fund
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).
-
Indian Blockchain Esports Firm Stan Raises Over $2 Million in Funding: Details
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...
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Former Twitter CEO Parag Agrawal Raises $30 Million For New AI Startup: Report
Khosla Ventures, an early supporter of OpenAI, has spearheaded the funding round for Mr Agrawal's AI initiative.
-
Sequoia Capital Downsizes Crypto-Focussed Fund by 65 Percent Amid Market Slump: Report
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).
