Overall, 16% of Maven’s portfolio companies have reached a minimum $500 million exit or valuation, which is 10x industry average, the firm said. © 2024 TechCrunch. All rights reserved. For personal use only.
Israel's government has launched a new fund to encourage institutional investors to boost investments in high-tech companies, the Israel Innovation Authority said on Sunday. The tech sector is a key driver of Israel's economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income. The high-tech sector is a central and significant pillar of the Israeli economy, and we must ensure diversity in its sources of funding, said Finance Minister Bezalel...
A group of tech companies in the north of England have called for the creation of a Manchester-based digital investment fund to help challenge the “dominance of London and the South East”. Industry body Manchester Digital and several tech firms based in the north or with a significant northern presence – including Auto Trader, BT […]
Auctus Capital Partners and Remote Control Productions have created an investment fund called Prestiged to invest in game companies.
PhotonVentures, a Dutch deep tech fund aiming to boost Europe’s photonics industry, has closed its second fundraising round with over €15mn — bringing its total capital to €75mn. The fund targets startups and scaleups developing solutions with photonic chips for a wide range of applications: from data transmission and health diagnostics to smart sensors, AI, AR, and VR. PhotonVentures will initially invest in 20 early-stage companies with international growth potential. It will focus on...
ARK Invest's chief futurist Brett Winton lists five groups in the heart of tech innovation.
The Innovate UK Fund has announced six winners to be awarded grant funding from the government totalling £1 million to jumpstart ‘AI in the music industry.’ Competition assessors agreed that AudioStrip would benefit and strengthen the UK music industry by saying “this is well planned, resourced, and researched innovation that can impact the business, market, […]
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.
WNBA Commissioner Cathy Engelbert on Monday discussed cities involved in potential league expansion and air travel throughout the 2024 season.
WNBA Commissioner Cathy Engelbert says the league will once again pay for charter flights for the entire playoffs as well as for back-to-back games during the upcoming season that require air travel.
The Rock pinned Cody Rhodes on night of WrestleMania 40 earlier this month. Rhodes became the WWE champion the following night beating Roman Reigns. The new champion is confident that he can lure The Rock back for a match
Venture-capital investment in deep tech has doubled over the last decade. This article details deep-tech trends to watch, such as biotech and AI semiconductors.