Malaysia's sovereign wealth fund Khazanah Nasional Bhd. will set up a
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. will set up a venture capital of up to 3 billion ringgit ($627 million) with two other partners to invest in startups in Southeast Asia.
Investment group Seraphim Space has announced the first close of its second early-stage space tech venture fund. The Seraphim Space Venture Fund II (SSV II) will back early-stage space tech startups from seed to Series A round. A Seraphim spokesperson declined to comment on the target size of the fund, but said it would be […]
Former BharatPe chief operating officer Dhruv Dhanraj Bahl has launched a venture capital fund, his first, with a target of raising Rs 120 crore. The plan includes a greenshoe option, giving the fund the right to increase the corpus by another up to Rs 120 crore.The fund house, Eternal Capital, aims to back 40 early-stage startups in several sectors over the next three years.It will focus on investing in startups which are led by experienced operators and are in the post product-market fit stage...
While UK students are saddled with tens of thousands of pounds of debt, Chevening Scholarship recipients have their flights, accommodation and tuition fees paid for.
Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives that merge tech and human potential. Tether Dabbles in Biotech, Acquires $200 Million […]
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
Bengaluru-based packaged foods startup Go Desi on Thursday said it has raised Rs 41 crore (about $4.9 million) in equity investment from Aavishkaar Capital.This marks the seventh investment from the Aavishkaar India Fund VI, a $150-million vehicle investing across impact sectors such as financial inclusion, sustainable agriculture, climate, consumer and healthcare in India.The Series B round also saw participation from existing investors Rukam Capital, Roots Ventures and DSG Consumer, as per a...
WASHINGTON (KTVZ) -- Senators Ron Wyden and Jeff Merkley announced this week that 30 Oregon counties will receive more than $47.7 million in federal payments under the Secure Rural Schools and Community Self-Determination Act for schools and road maintenance, youth job training, wildfire prevention, watershed restoration and habitat conservation. These funds, more than $2.56 million of
The world of smartphones is ever-evolving, and the latest addition to this dynamic market is the Honor 200 Lite. This new smartphone promises to blend robust features with sleek aesthetics, appealing to tech aficionados and everyday users alike. If you’re wondering about the details, here’s everything you need to know about the specs and functionalities […]
AI computing firm Blaize said on Monday it has raised $106 million in funding, including from existing investors such as Mercedes-Benz and Temasek. Other existing investors such as Bess Ventures, Franklin Templeton and Denso, besides new investors such as Rizvi Traverse, Ava Investors and BurTech LP also participated in the fundraising, the company said in a statement, without disclosing the details on its valuation. The fundraise reflects the frenzy that had helped the AI sector attract a major...
Romania-headquartered cybersecurity company Bitdefender is launching a venture division to invest in early-stage cyber and AI startups. Bitdefender Voyager Ventures (BVV) will back startups at the seed or Series A stage, acting as either a lead or co-investor. A representative for Bitdefender told UKTN that BVV will have a “global mandate but with an emphasis […]