The Latest Breaking News on Venture Capital

Minister and other supporters visit as work officially begins on first phase of project to breathe new life into the town centre

The value of Swedish Buy Now, Pay Later business Klarna has plummeted 85% from its 2021 peak after a fresh funding round, in the latest sign of dwindling fortunes for short-term lenders amid rising inflation and fears of a looming recession. 

At a time when the broader crypto market has entered a downturn following the collapse of TerraUSD (CRYPTO: USDT) and

Open Book Extracts announced the first close of a Series C equity financing round led by KEY Investment Partners. The financing will be used to expand finished goods manufacturing capabilities, to support ongoing and new safety studies and efficacy research and to accelerate international distribution opportunities.

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Lightrock India and Creation Investments have funded the company

AngelList announced Wednesday a $100 million funding round that brought its valuation to $4 billion. The development comes as the venture fundraising platform is spending large amounts on growth initiatives; through the pandemic, the firm added to its offering RUVs and Stack.

In February, Forbes announced its flagship Under 30 Summit would move to Detroit for the next three years.