Backed VC has closed its largest fund yet at $100 million while simultaneously running a secondary sale program for its LPs. The firm is expanding to the US but keeping its European focus. This dual strategy reveals where venture capital is heading in 2024.
Manual has secured a $120 million debt facility from General Catalyst’s Customer Value Fund. The London-based men’s health company is using the capital to boost marketing of its weight-loss drug services. This follows the company’s pivot into GLP-1 treatments like Ozempic two years ago.
WisdomAI has secured $50 million in Series A funding led by Kleiner Perkins with Nvidia’s participation. The startup uses a clever method to eliminate LLM hallucinations by only employing them for query writing, not answer generation. They’ve grown from 2 to 40 enterprise customers in months.
Vistara Growth has closed its fifth structured-capital fund at $321 million, representing a 66% increase from their previous fund. The firm focuses on providing growth debt and structured capital to B2B technology companies across North America.
A Microsoft-backed startup just demonstrated technology that could solve AI’s biggest constraint: power delivery. VEIR’s superconducting system moves massive amounts of electricity with zero energy loss, using cables cooled by liquid nitrogen. This breakthrough comes as AI companies scramble for pow
According to Forbes, startups are using AI to achieve unprecedented growth rates. Neobanc grew 800% since March 2025 by rapidly iterating with AI. The World Economic Forum confirms this transformation in how startups scale.
According to investor Eric Becker, companies that last for decades share a surprising trait: they never lose their startup mentality. The Cresset Capital co-founder, who’s invested in over 100 companies, says lasting businesses stay nimble and decisive despite their size.
Blake Hall’s experience tracking terrorists in Iraq gave him unique insights into how bad actors operate. That knowledge now powers ID.me, his $2 billion identity verification company serving 18 million veterans and major partners like Apple and the IRS.
Southeast Asia’s internet economy saw private funding reach $7.7 billion in the year to June 2025, a 15% increase that trails global growth rates. The region’s AI startups attracted over $2.3 billion, while data center capacity is set to nearly triple across the region.
The e-bike company has informed staff that operations could permanently end on January 9, 2026. This comes after a potential rescue deal fell through, leaving the company exploring last-minute options.
