Browsing: Fund

August 13 (Hypepotamus) – In their mid-20s, Floridians Justis Mendez (in featured photo) and Pablo Casilimas raised their first VC fund, a $5 million flagship fund that got LP (limited partner) backing from “notable UF alumni” like the Gatorade family and former CFO at Tableau

OpenAI Foundation, the overarching nonprofit that governs OpenAI, has announced a new public health partnership with the Common Health Coalition to bring artificial intelligence tools to developing scientific breakthroughs for medical research across the country. 

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Multifonds announced that National Bank of Canada, one of Canada’s six systemically important banks, selected them to modernize its fund accounting operations and support the continuous growth of its ETF business. As one of Canada’s six systemically important banks, National Bank holds a significant presence in the Canadian wealth management and institutional services market. Its…

(Bloomberg) — Swedish coding startup Lovable has raised funding at a $13.3 billion valuation, bringing in fresh capital to compete with larger rivals like Anthropic and Elon Musk’s SpaceX.

California, the cradle of the American AI industry, is taking cybersecurity into its own hands.

Forget the European summer lull: startups can’t afford to stay still, and Brussels is following suit. In the middle of peak vacation time, the European Commission announced that the Scaleup Europe Fund was fully operational, with investments “expected in the coming weeks.” But its first deal was actually made public the very next day.

Aurelia Edwards, co-founder and general partner of Edin Capital, discusses her transition from startup founder to venture capital fund manager and explains why not every startup should pursue unicorn status. She shares insights on supporting founders with investment strategies that align with their actual business goals rather than forcing them into a Silicon Valley mold,…

Aum Ventures has reached the first close of its India Innovation Fund II at ₹225 crore (approximately $23.6 million), drawing more than 65% of that capital from international limited partners based in the United States, West Asia, and other global markets — an LP composition that is structurally unusual for an Indian fund writing checks…

A private equity institution focused on technology investment has completed a fundraising of more than 100 billion RMB.