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Venture capital

Dawn Capital defies venture capital downturn with $700 million fund

by Ev Richard
Dawn Capital defies venture capital downturn with 0 million fund

Malte Mueller | Fstop | Getty Images Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling down on its …

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Categories Technology

Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo

by Ev Richard
Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo

Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the market has cracked opened in the past week. But the …

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Categories Technology

China VCs have a big problem, it’s not just tepid U.S. investor sentiment

by Adrian Jhonsan
China VCs have a big problem, it’s not just tepid U.S. investor sentiment

Pictured here is Shenzhen in southern China. The city is sometimes considered China’s Silicon Valley. Nurphoto | Nurphoto | Getty Images BEIJING — In the years since Alibaba’s U.S. listing …

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Categories World

Agility Robotics is opening a humanoid robot factory

by Ev Richard
Agility Robotics is opening a humanoid robot factory

Agility Robotics humanoid robot, Digit. Courtesy: Agility Robotics Agility Robotics is wrapping up construction of a factory in Salem, Oregon, where it plans to mass produce its first line of …

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Categories Technology

China VC deals plunge, on track for worst pace in more than seven years

by Adrian Jhonsan
China VC deals plunge, on track for worst pace in more than seven years

Chinese ride-hailing giant Didi delisted from the New York Stock Exchange just months after its June 2021 IPO after a now-resolved regulatory probe that had forced Didi to suspend new …

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Categories World

Arm China ‘doing well,’ CEO says, as Son reduces China exposure

by Ev Richard
Arm China ‘doing well,’ CEO says, as Son reduces China exposure

You can watch David Faber’s interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing well” with strong potential in data …

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Categories Technology

Britain’s $4.5 billion digital bank Monzo debuts investments feature

by Adrian Jhonsan
Britain’s .5 billion digital bank Monzo debuts investments feature

Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into the massive financial investment market. The feature, called Investments, will …

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Categories World

FAA orders SpaceX to keep Starship grounded, take corrective action

by Ev Richard
FAA orders SpaceX to keep Starship grounded, take corrective action

The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Washington Post | The Washington Post …

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Categories Technology

Flexport CEO Ryan Petersen rescinds hiring offers, cuts office space

by Ev Richard
Flexport CEO Ryan Petersen rescinds hiring offers, cuts office space

Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. Bloomberg | …

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Categories Technology

SpaceX not yet cleared for second Starship Super Heavy test flight, FAA says

by Ev Richard
SpaceX not yet cleared for second Starship Super Heavy test flight, FAA says

The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Washington Post | The Washington Post …

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Categories Technology
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