Search Results for "venture capital"
Anthropic Secures $3.5 Billion in Series E Funding, Valuation Hits $61.5 Billion
Anthropic has successfully raised $3.5 billion in a Series E funding round, achieving a post-money valuation of $61.5 billion, led by Lightspeed Venture Partners.
Harvey AI Shows 35% Productivity Gains as Legal Tech Firm Eyes $11B Valuation
Harvey AI case studies reveal 7-10 hours saved per lawyer weekly. Legal AI startup reportedly raising $200M at $11B valuation after hitting $190M ARR.
OpenAI Raises $110B at $730B Valuation From Amazon, NVIDIA, SoftBank
OpenAI secures historic $110 billion funding round with $50B from Amazon, $30B each from NVIDIA and SoftBank, reaching $730B pre-money valuation.
Harvey AI Launches File Creation Tools After $11B Valuation Round
Legal AI startup Harvey adds PowerPoint, Excel, and batch Word editing features as company hits $11 billion valuation with fresh $200M raise.
Harvey AI Hits $11B Valuation as Legal AI Adoption Reaches Tipping Point
Harvey AI secures $200M funding at $11B valuation as survey shows 50% of UK law firms now deploy legal AI tools. Here's how top firms are using it.
OpenAI Closes Record $122B Round at $852B Valuation, Eyes AI Superapp
OpenAI secures $122 billion in funding at $852B valuation, backed by Amazon, NVIDIA, SoftBank. Revenue hits $2B monthly as company builds unified AI superapp.
AI Legal Tool Harvey Targets VC and Startup Law Market
Harvey AI expands its legal automation platform to serve venture capital and emerging company lawyers, promising 10 hours saved per attorney weekly.
Web3 Startup Funding Drops 82 percents YoY
VC funding for Web3 start-ups decreased by 82% YoY in Q1 2023, dropping to $1.7 billion. The number of big funding rounds hitting nine figures almost completely dried up over the past year. The decline in Web3 funding is attributed to investors opting for a risk-off approach and seeking opportunities in industries they know best.
KPMG: Fintech Funding Fades in 2023
The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore's AI fintech sector saw a 77% increase in funding.
CFTC Commissioner Questions VCs' Due Diligence
Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.
Hack VC Closes $150M Fund I, Increases Assets Under Management to $425M
Crypto venture firm Hack VC has closed a $150 million maiden fund, bringing total assets under management to $425 million. Hack VC is a long-time web3 investor, having backed over 100 projects since 2014. The firm remains firmly bullish on web3's future potential and will deploy its new capital to seed critical infrastructure startups.
A group of nine banks has invested $45 million in Carbonplace
The independent UK Carbonplace organization will start later this year under CEO Scott Eaton.