Category Archives: Venture Capital
OpenAI Cut Its Funding Round Target to Up to $20 Billion at a $1.25 Trillion Valuation:
HedgeCo.Net — OpenAI is now seeking to raise up to $20 billion in its latest funding round, down from an earlier target of about $30 billion, CNBC confirmed on Saturday after the F… Continue reading
Crypto Venture Investment Fell 20% to $4.5 Billion in the Third Quarter, and Only Three New Funds Closed, Galaxy Said:
HedgeCo.Net — Venture investors deployed $4.519 billion into privately held crypto and blockchain companies across 296 deals in the third quarter, according to Galaxy Research. Cap… Continue reading
Kalshi Raised $1 Billion at a $40 Billion Valuation in a Round Co-Led by Sequoia and Wellington:
HedgeCo.Net — Kalshi, the federally regulated U.S. prediction market exchange, has raised a $1 billion Series G at a $40 billion post-money valuation, co-led by Wellington Manageme… Continue reading
Formation Bio Raised $600 Million for a Debut Fund to Acquire and Develop Clinical-Stage Drug Programs:
HedgeCo.Net — Formation Bio, an AI-native pharmaceutical company, announced on October 28 the Formation Bio Drug Development Accelerator Fund, a debut vehicle with $600 million in … Continue reading
AP Ventures Closed Its Third Fund at $300 Million to Back Early-Stage Industrial and Energy Technology:
HedgeCo.Net — AP Ventures, a London-based venture capital firm focused on early-stage industrial and energy technology, has held the final close of AP Ventures Fund III at $300 mil… Continue reading
DPI Venture Capital Closed the Nclude Fund at More Than $112 Million for Fintech in Africa and the Middle East:
HedgeCo.Net — DPI Venture Capital, the venture platform of Development Partners International, has held the final close of the Nclude Fund at more than $112 million, the firm said … Continue reading
Disruptive Raised $10 Billion for Its First Blind-Pool Fund After a Decade of Investing Through SPVs:
HedgeCo.Net — Disruptive, the Dallas-based growth investor founded in 2012 by Alex Davis, has raised $10 billion for its first flagship fund, according to TechCrunch and Axios. The… Continue reading
Bedrock Robotics Raised a $600 Million Series C at a $4.1 Billion Valuation, Co-Led by CapitalG and Emergence:
HedgeCo.Net — Bedrock Robotics, the San Francisco developer of autonomy systems for heavy construction equipment, has raised a $600 million Series C at a $4.1 billion post-money va… Continue reading
Legora Raised a $550 Million Series E at an $8.8 Billion Valuation, Led by Atreides Management:
HedgeCo.Net — Legora, the Stockholm- and New York-based legal AI company, has raised a $550 million Series E at an $8.8 billion post-money valuation, up from $5.6 billion at its pr… Continue reading
Seaya Raised €600 Million at First Close for Seaya Nova, a New European Growth Fund:
HedgeCo.Net — Madrid-based investment firm Seaya has launched Seaya Nova, a new growth fund, after raising €600 million at first close in about six months. The fund is backed by th… Continue reading
Inovia Capital Reached a $200 Million First Close for Its Sixth Early-Stage Venture Fund:
HedgeCo.Net — Montreal-based Inovia Capital has completed a $200 million first close for its sixth early-stage venture fund, taking it more than halfway toward a $325 million targe… Continue reading
Inspired Capital Closed Its Fourth Venture Fund at $450 Million:
HedgeCo.Net — Inspired Capital, the New York early-stage firm founded in 2019 by Alexa von Tobel and former U.S. Commerce Secretary Penny Pritzker, has closed its fourth fund with … Continue reading