Venture Capital

Former Chrous One CIO Xavier Meegan launched Frachtis, a $20 million crypto-native pre-seed fund. The fund is backed by investors including Theta Capital, RockawayX, Chorus One, and Cyber Fund. Meegan led over 40 investments during his tenure at Chorus One. Now at Frachtis, his focus is on...

Thanks to their shared history in the venture capital space, there is some overlap in investments and past company dealings between Peter Thiel and Vice President J.D. Vance. A Medicare startup that recently raised $75 million at a $1.5 billion valuation counts Thiel and Vance as early investors...

Digital engineering startup Rescale has secured $115 million in Series D funding, raising its total funding to more than $260 million. Investors in the round included chip giant, Nvidia Corp (NASDAQ:NVDIA), the venture capital arm of semiconductor company Applied Materials Inc (NASDAQ:AMAT),...

Venture capitalist Tim Draper is best known these days for his investment and bullish outlook in Bitcoin. It wasn't too long ago he was investing in Tesla Inc (NASDAQ:TSLA) and SpaceX, investments that draw continued praise for Elon Musk in a recent interview. What Happened: In a recent appearance...

Vice President J.D. Vance is being put in charge of overseeing a deal to save TikTok after President Donald Trump changed his mind and decided to temporarily save the Chinese social media app. What Happened: Vance, who is a former venture capitalist, is being tasked with helping land the best deal...

Billionaire Peter Thiel, a renowned venture capitalist and co-founder of PayPal Holdings and Palantir Technologies, got into Bitcoin (CRYPTO: BTC) investments long before its meteoric bull runs captured the world's attention. However, the long-held conviction appeared to fade, as apparent from one...

Warren Buffett just gained greater exposure to the burgeoning digital bank sector in Africa and Asia. What Happened: Nu Holdings (NYSE:NU) — backed by Buffett’s Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) — led a new funding round for Singapore-based Tyme Group. Tyme specializes in building...

Early stage venture capital firm Cadenza said Tuesday that it closed a $50 million early stage artificial intelligence venture fund targeting pre-seed and seed opportunities within the AI sector with a focus on infrastructure and enterprise applications. The Details: Cadenza said its AI Venture...

Investment firm VanEck launched a $30 million early-stage fund focused on fintech, digital assets and AI startups. What Happened: The firm announced on Wednesday that the fund, VanEck Ventures, will target pre-seed and seed-stage companies. Jan van Eck, CEO of VanEck and a keynote speaker at...

OpenAI‘s latest valuation of more than $150 billion, plus Nvidia Corp‘s (NASDAQ:NVDA) “watershed” partnership with Accenture Plc (NYSE:ACN), indicates that the “AI tidal wave” of spending is hitting its next growth stage, according to a research note from Wedbush...

OpenAI, the startup behind the artificial intelligence portal known as ChatGPT, is about to get a massive cash infusion that will pump its valuation beyond $100 billion. What Happened: Venture capital firm Thrive Capital is leading a fundraising effort and will invest at least $1 billion, according...

As regulatory changes loom for the cannabis industry, investor confidence is seeing an upward trend. Kevin Hart, founder and CEO of Green Check Verified, has observed a significant shift in the industry's investment landscape, with growing interest from venture capital and private equity firms...

Amazon.com founder Jeff Bezos is one of the richest people in the world, worth $200 billion. Brother Mark Bezos could follow in the success of his older brother with a career in private investments. What Happened: Mark Bezos and David Moross recently launched HIPstr, an early-stage investment arm...

On Aug. 15, a group of ambitious entrepreneurs will participate in Benzinga’s Startup Spotlight: The Next Big Thing virtual event. This competition offers a rare opportunity for founders to pitch their innovative ideas to seasoned investors, aiming to secure critical funding and recognition...

Investor and NBA team owner Mark Cuban is among the 400+ names of venture capitalists who are pledging support to Vice President Kamala Harris in the 2024 presidential election. What Happened: The venture capital sector has garnered plenty of headlines in the 2024 election thanks to several notable...