startup funding: ETtech Deals Digest: Startup funding falls 30% on year to $73 million this week
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ETtech Deals Digest: Startup funding in April rises 21% on year to $564 million
New-age startups logged a total funding value of about $563.5 million in April 2024, up 21% from the same month a year ago.Startups across stages, mostly late, raised the funding across 78 rounds, as per Tracxn data. In April 2023, they had raised a total of $464 million across 113 rounds. The funding winter was in full force in March 2023, having set in from September 2022. Mumbai-based Venture Catalysts emerged as the topmost investor in terms of deal volume last month. It deployed capital in...
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OpenAI Startup Fund quietly raises $15M
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Deadline to apply for startup chip funding on the horizon
The tech minister is urging semiconductor leaders to apply for funding through the soon-to-expire Chips Joint Undertaking. UK semiconductor companies and researchers are currently eligible to apply for access to a £5m funding pot for research. British firms gained access to the funding in March when the Department for Science, Innovation and Technology (DSIT) announced […]