Tech

Hyderabad Angels Launches Inaugural Venture Capital Fund Worth Rs 100 Crore

Hyderabad Angels (HAF) announced the debut of its first venture capital fund, boasting an investable corpus of Rs 100 crore and an additional green-shoe...

VC Funding Trends in Quantum Computing

Quantum computing is making strides towards practical applications, promising to revolutionize industries such as cryptography, drug development, and financial modeling. Big Tech giants like Alphabet,...

VC Funding in Global Insurtech Plummets 44% to $4.5 bn in 2023

The VC funding of the insurance technology (insurtech) sector has experienced a significant downturn, falling to $4.5 billion in 2023, marking a 44 percent...

Indian AI Firm Krutrim Secures $50 Million in VC Funding Round

Artificial intelligence (AI) company Krutrim achieved the milestone of becoming the fastest unicorn in India and the country’s inaugural AI unicorn following the successful...

Global Venture Capital Funding Faces Significant Decline in 2023: GlobalData

The global venture capital (VC) landscape experienced a substantial setback in 2023, and the United States was not immune to this trend. According to GlobalData,...

UK Venture Capital Funding Witnesses Significant Decline in 2023: GlobalData Report

The United Kingdom has experienced a notable decrease in venture capital (VC) funding deals in 2023, says GlobalData. A total of 1,260 VC funding deals...

VC Funding in Fintech Takes a Hit in 2023, But Industry Shows Signs of Stabilization for 2024

Venture capital investment in fintechs experienced a significant 42 percent year-over-year decline, totaling $35 billion in 2023, according to data from S&P Global Market...

Quantinuum Raises $300 mn in VC Funding in Quantum Computing Push

Honeywell International announced that its quantum computing subsidiary, Quantinuum, has raised $300 million in a VC funding round. The funding initiative, spearheaded by JPMorgan Chase,...