Tag Venture capital

AI chip firm Kneron raises $49 million as it looks to rival Nvidia, with Foxconn among backers

AI chip firm Kneron raises $49 million as it looks to rival Nvidia, with Foxconn among backers

Albert Liu, founder and CEO of Kneron. Harry Murphy | Sportsfile | Getty Images Kneron, a U.S.-based semiconductor startup, mentioned on Tuesday it raised a recent spherical of funding as

Continue ReadingAI chip firm Kneron raises $49 million as it looks to rival Nvidia, with Foxconn among backers

‘Private equity is now king’ for the ultra-rich, says Tiger 21, an exclusive club of investors

‘Private equity is now king’ for the ultra-rich, says Tiger 21, an exclusive club of investors

Michael Sonnenfeldt, Tiger 21 Scott Mlyn | CNBC Private equity is at present “king” amongst members of Tiger 21 — a community of ultra-high web price entrepreneurs and investors —

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A top European software investor raises $700 million — defying the venture capital slump

A top European software investor raises $700 million — defying the venture capital slump

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

Continue ReadingA top European software investor raises $700 million — defying the venture capital slump

Wall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem

Wall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem

Instacart celebrates their IPO on the Nasdaq on Sept. nineteenth, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the market has cracked opened prior to now week. But the

Continue ReadingWall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem

China VCs have a big problem — and it’s not just a drop in U.S. investor appetite

China VCs have a big problem — and it’s not just a drop in U.S. investor appetite

Pictured right here is Shenzhen in southern China. The metropolis is usually thought-about China’s Silicon Valley. Nurphoto | Nurphoto | Getty Images BEIJING — In the years since Alibaba’s U.S.

Continue ReadingChina VCs have a big problem — and it’s not just a drop in U.S. investor appetite

Agility Robotics is opening a humanoid robot manufacturing unit, beating Tesla to the punch

Agility Robotics is opening a humanoid robot manufacturing unit, beating Tesla to the punch

Agility Robotics humanoid robot, Digit. Courtesy: Agility Robotics Agility Robotics is wrapping up development of a manufacturing unit in Salem, Oregon, the place it plans to mass-produce its first line

Continue ReadingAgility Robotics is opening a humanoid robot manufacturing unit, beating Tesla to the punch

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

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

Chinese ride-hailing big Didi delisted from the New York Stock Exchange simply months after its June 2021 IPO after a now-resolved regulatory probe that had compelled Didi to droop new

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

JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal

JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal

Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small companies. Courtesy: Kelly Boynton | Gusto JPMorgan Chase is stepping up its

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Arm China ‘doing nicely,’ CEO says, even as SoftBank’s Masa Son reduces China exposure

Arm China ‘doing nicely,’ CEO says, even as SoftBank’s Masa Son reduces China exposure

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

Continue ReadingArm China ‘doing nicely,’ CEO says, even as SoftBank’s Masa Son reduces China exposure

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

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

Monzo, the $4.5 billion digital challenger bank, launched a feature that lets customers make investments —marking its first foray into the large monetary funding market. The feature, referred to as

Continue ReadingBritain’s $4.5 billion digital bank Monzo debuts investments feature