The Latest Breaking News on Venture Capital

Tokyo (AFP) - Japan's SoftBank Group on Monday reported a record quarterly net loss of $23.4 billion, after interest rate hikes tanked tech shares.

‘Firm’s focus is to help companies hire quality talents faster with the balanced intervention of humans and tech’

The value of Swedish Buy Now, Pay Later business Klarna has plummeted 85% from its 2021 peak after a fresh funding round, in the latest sign of dwindling fortunes for short-term lenders amid rising inflation and fears of a looming recession. 

By Constantin Kogan The most expensive NFT in the world, The Merge, created by the artist Pak, sold for $91.8 million. In ten years, this record-breaking purchase won't be a footnote on the list of the top 10 most expensive NFTs.

Dogecoin (CRYPTO: DOGE) co-creator Jackson Palmer has taken yet another swipe at venture capitalists — in particular, Marc Andreessen, the co-founder of Andreessen Horowitz (a16z), for his comments about the advantages

Rimac Group announced that it raised €500 million ($536 million) in its Series D investment round, which valuated the company at over €2 billion.

Round sees strong interest from multiple PE funds

At a time when the broader crypto market has entered a downturn following the collapse of TerraUSD (CRYPTO: USDT) and

Open Book Extracts announced the first close of a Series C equity financing round led by KEY Investment Partners. The financing will be used to expand finished goods manufacturing capabilities, to support ongoing and new safety studies and efficacy research and to accelerate international distribution opportunities.