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Startups Are Dying, and Venture Investors Aren't Saving Them
Business

Startups Are Dying, and Venture Investors Aren't Saving Them

Investors are becoming more selective with their bets, threatening the hundreds of startups that raised cash during the recent boom. Source link

Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease
Business

Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease

Venture capitalist Luke Evnin has financed several successful biotechnology startups that develop treatments for cancer. Now he is encouraging drugmakers to tackle another disease: a rare autoimmune condition that

Venture Firms Scale Back Megafunds
Finances

Venture Firms Scale Back Megafunds

The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans. Source link

Venture capital funding in U.S. plunged 49% in first half of 2023: GlobalData
Stock Market

Venture capital funding in U.S. plunged 49% in first half of 2023: GlobalData By Investing.com

© Reuters. Investing.com — Venture capital funding plunged in the first half of the year in the U.S., a period marked by rising volatility and

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters
Stock Market

UBS shelves plan for new China fund unit, takes over Credit Suisse joint venture

© Reuters. FILE PHOTO: The logo of Swiss bank UBS is seen at the company’s office at the Bahnhofstrasse in Zurich in this July 1,

Foxconn Abandons India Chip Venture With Vedanta
Business

Foxconn Abandons India Chip Venture With Vedanta

The move is a setback to India’s nascent plans to become a semiconductor manufacturing hub. Source link

In Wake of SVB Collapse, Venture Lending Faces Uncertainty
Finances

In Wake of SVB Collapse, Venture Lending Faces Uncertainty

Among the questions for venture capital after the Silicon Valley Bank debacle: Will funding get a lot more difficult for startups? Source link