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TECH FUNDING
Tech funding hits 12-month low of $592 million in October; late-stage funding plunges 72%Early-stage funding, by contrast, rose 114% sequentially to $361.6 million from $168.6 million and was up 10.8% from $326.4 million in Octo...
AI sales startup Nooks secures $500 million in funding for expansionUnlike traditional investors that buy a stake in a company, General Catalyst's commitment involves taking a share of the returns its capita...
Meta kicks off first euro bond sale in latest test for tech sectorMeta Platforms has initiated a significant bond sale, marking its first offering of euro-denominated bonds aimed at financing its investmen...
Meta raises $15 billion in five-part US bond saleThe tech giant's offering adds to a wave of fundraising as companies raise fresh capital to finance AI data centers, computing capacity and...
US stock futures mixed as Apple falls on margin warning, midterm results awaitedU.S. stock index futures reflect a mixed response as crude oil prices trend upwards ahead of midterm election outcomes. Apple's shares took...
Coders out, VCs in: Investors bet billions on AI-first servicesThe AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl ...
Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
US stock futures rise as AI stocks catch their breath; midterms in focusIn the US, stock futures surged as investors prepare for the upcoming midterm elections and await earnings announcements. Major tech player...
Technology funds top October returns with gains of up to 10%. Is it the right time to invest?Technology mutual funds topped October returns, with the nine best-performing schemes delivering gains of up to 9.78%, an ETMutualFunds ana...
Saudi Aramco takes 49% stake in AI firm Humain, commits $2.6 billionSaudi Aramco has announced its acquisition of a 49 percent stake in the AI company Humain. This investment aims to accelerate Humain's grow...
Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
ETtech Deals Digest: Even Healthcare, Different lead October funding to $694 million, down 51% on-yearEven Healthcare led deal activity during the month with $50 million, followed by Different at $48 million, Boldfit at $41.5 million, Baba C...
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
Microsoft expects to raise $25 billion in US bond sale, source saysThe world's largest tech firms have turned to selling bonds and raising equity over the past year to pay for their AI spending spree, a shi...
In 2015, Airtree backed Canva's $6 million Series A; 6 years later, a partial sale at a $39 billion valuation returned 1.4x its first fund; here's howCanva reached a $39 billion valuation when Airtree reduced part of its holding in 2021. In September that year, Canva announced a separate ...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...
India climate-tech funding may reach USD 1.9 billion in 2026 as growth capital expands: ReportIndia's climate-tech and deep-tech sectors are expected to attract new investments by 2027 due to various factors. The report indicates tha...
Shaktikanta Das urges BFSI sector to lead infrastructure, high-tech manufacturing fundingShaktikanta Das highlighted the essential role of the BFSI sector in financing infrastructure and new manufacturing. He emphasized the need...
ETtech Deals Digest: Even, Different lead as weekly funding hits $246 million, down 27% on-yearEven Healthcare led deal activity with $50 million, followed by Different at $48 million, Baba Care at $40 million, and AuxoAI at $20.7 mil...