Venture Capital

Sen. J.D. Vance (R-Ohio) was selected to be Donald Trump's running mate in the 2024 presidential election, bringing a short political career into one of the most important political positions in the U.S. Prior to his political career, Vance was in the venture capital sector. Vance's time there is...

A handful of ultra-wealthy CEOs, hedge funders and venture capitalists are endorsing former President Donald Trump in the 2024 presidential race. Vinod Khosla isn’t one of them. What Happened: While Tesla CEO Elon Musk, currently the richest person in the world by more than $50 billion,...

Former President Donald Trump has announced Senator J.D. Vance (R-Ohio) as his vice-presidential running mate in the 2024 presidential election. What Happened: Trump announced that Vance is his vice-presidential pick for the 2024 election. The news comes as the Republican National Convention is...

Blockchain payment fintech Partior raised over $60 million in a Series B funding round. What Happened: Peak XV Partners led the effort, with participation from new investors Valor Capital and Jump Trading, The Block reported on Friday. Previous investors JPMorgan (NYSE:JPM), Standard Chartered and...

More business leaders are speaking out on politics, with a growing number in Silicon Valley and the technology sectors backing Donald Trump over President Joe Biden in the 2024 election. Two Palantir Technologies Inc (NYSE:PLTR) co-founders both pledged support to Trump this week. Peter Thiel...

CannPowerment took home the top prize at the 2024 Canna Founders Pitch Competition in New Brunswick, New Jersey. The competition, which concluded the Benzinga Cannabis Market Spotlight on Monday (June 17), featured five innovative cannabis ventures. But it was CannPowerment’s CEO Matha...

Non-alcoholic beverage maker Mixoloshe has officially rebranded as Smashd — a fitting name considering what one of the startup’s employees has been up to as of late.  What Happened: When Mixoloshe launched in 2022, it racked up a number of awards for its various mocktail options,...

The venture capital investment in Bitcoin (CRYOTO: BTC) and cryptocurrency companies has shown a significant increase, marking a potential resurgence in investor interest. What Happened: Global venture capital investment in crypto companies surged to $2.4 billion in the first quarter of 2024, as...

Blockchain-centric venture capital company Polychain Capital has invested a significant amount in artificial intelligence (AI) platform Ritual. What Happened: The investment by Polychain supplements Ritual’s $25 million funding round from last November. The round, led by Archetype, also saw...

The recent rebound in cryptocurrency prices ignited a fresh wave of fundraising activity among venture capitalists, with Paradigm, a leading crypto-focused investment firm, reportedly in discussions to secure a new fund valued between $750 million and $850 million. What Happened: This ambitious...

Beverage company Liquid Death announced a new funding round and $1.4 billion valuation as it becomes one of the fastest-growing beverage companies in recent years. Here's a look at the new investors, old investors and what's next for the company hoping consumers "murder your thirst." What Happened...

Investment firm Cyber Fund has established a new venture capital division worth $100 million, to accelerate projects that merge blockchain technology and artificial intelligence (AI). Starting with Ethereum (CRYPTO: ETH), the firm — spearheaded by ETH investors and entrepreneurs...

JPMorgan Chase & Co (NYSE: JPM) expressed a cautious stance towards the cryptocurrency market heading into 2024. However, the bank anticipates Ethereum's Ether (CRYPTO: ETH) to surpass Bitcoin (CRYPTO: BTC) and other digital currencies in performance, attributing this to an upcoming...

French startup Mistral AI raised $415 million, or €385 million, as part of a series A funding round. Lightspeed Venture Partners and Andreessen Horowitz were among the main investors. Salesforce (NASDAQ:CRM), BNP Paribas (OTCQX:BNPQF), CMA-CGM, General Catalyst, Mixer Labs co-founder Elad Gil, and...

Crypto social startup Sleek raised a fresh round of capital. What Happened The company announced a $5 million seed round, taking its total valuation to $50 million. The funding was realized through an agreement for future tokens (SAFT), The Block reported citing Sleek co-founder Tania Tse. Binance...