Venture Capital stories - Page 15

Wolt has released a report marking its 10th anniversary, revealing EUR €19 billion in economic activity generated across 1,000 cities over the decade.

CryptoLab and Niobium have formed a strategic partnership to enhance privacy and performance in AI applications, raising over USD$20 million in funding.

etaily has appointed Lester Cuneta as Chief Growth Officer to lead its expansion into Singapore and Southeast Asia, backed by USD $17.8 million funding.

QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut's success.

Charlie Ill has been named the new CEO of Investible, succeeding Rod Bristow. Ill's appointment is expected to drive the firm's next growth phase.

TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

Digital asset platform Haruko secures USD $6 million for Southeast Asia expansion, led by White Star Capital and MMC Ventures, boosting its total funding to USD $16 million.

Evexus has launched a cutting-edge event management software, set to revolutionise event planning globally with advanced AI and innovative features.

Illumio, a Zero Trust Segmentation company, has earned a spot on the Cyber 66 report for the second year in a row, cementing its crucial role in transforming organisational security postures amid a rapidly changing cybersecurity landscape.

Buddy, a global marketplace aimed at digitising the $348B metal recycling industry, connects buyers and sellers directly, aiming to streamline the industry and greatly reduce carbon emissions.

R/GA EMEA and Founderland have launched PAM, an AI-powered platform, to help women of colour founders secure venture capital (VC) funding, addressing the stark disparity in the industry.

IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.

In its 2023 end-of-year report, global blockchain ecosystem Binance charts significant industry trends despite a tumultuous year.

New data shows private investment in enterprise automation firms has already exceeded 2022, as Europe continues to trail the US.

Global private market exchange ADDX has appointed former senior managing director at the Singapore Exchange, Chew Sutat, as its chairman.

Horizen Labs Ventures (HLV) and Red Beard Ventures (RBV) have announced the launch of Denarii Labs, a tokenomics accelerator for Web3 projects.

Versa Networks, a unified secure access service edge (SASE) provider, has hired Dan Maier as its new Chief Marketing Officer.