snowflake Snowflake IPO Targets $24B Valuation With Unusual Berkshire Backing Cloud data warehouse Snowflake sets an initial IPO price range of $75 to $85 per share, aiming for a valuation up to $23.7 billion. Notably, both Salesforce and Warren Buffett's Berkshire Hathaway commit to major private placements ahead of the public debut.
no-code Accel Builds a No-Code Investment Thesis Driven by Growing Market Demand Venture firm Accel discovers a pattern of no-code startup investments as businesses seek solutions to bridge the gap between non-technical needs and limited engineering resources. The firm's thesis evolves organically from early successes like Webflow to a broader global strategy.
france France Pledges $8.4 Billion Toward Digital Sector in Economic Recovery Plan The French government unveils a $120 billion stimulus package that includes $8.4 billion dedicated specifically to digital investments, startup funding, and technological infrastructure over the next two years.
intel Intel Capital President Wendell Brooks Resigns After Five Years Wendell Brooks steps down from his role leading Intel's investment arm after a five-year tenure. Anthony Lin takes over as interim president while the company searches for a permanent replacement.
discord Chat Platform Discord Secures $100 Million in New Funding Round Discord raises $100 million in a new funding round that values the popular chat platform at $3.5 billion. The investment highlights the rapid growth of community-focused communication tools.
hong kong Hong Kong's New Security Law Brings Uncertainty to Tech Sector Hong Kong's newly enacted national security law creates a chilling effect for the local tech industry as entrepreneurs and investors face vague rules and potential data control challenges.
palantir Palantir Files for IPO After 17 Years of Secretive Growth Data mining giant Palantir publicly announces it has privately filed to go public after raising hundreds of millions in new capital. The company prepares for its market debut with a long, complex, and controversial history of government contracts.
palantir Data Analytics Firm Palantir Confidentially Files for Public Stock Offering Palantir Technologies takes a major step toward going public by confidentially filing for an IPO, potentially ending its long run as a highly valued private company.
robotics investments Robotics Sector Secures $1.9 Billion in Funding During July 2020 Robotics companies attract over $1.9 billion across 47 transactions in July 2020, showing steady investor interest despite the global pandemic. Autonomous vehicles lead the funding rounds, followed by drones and healthcare robots.
robotics Robotics Investments Reach $2.3 Billion in August 2020 Robotics funding defies the global economic downturn as 50 transactions total $2.3 billion in August 2020. Autonomous vehicles, industrial automation, and healthcare systems lead the way for eager investors.
ai AI Startups Raise Record $6.9 Billion in Q1 Before Pandemic Hits AI startups raise $6.9 billion in Q1 2020, outpacing the broader venture capital market. However, the coronavirus pandemic is expected to sharply slow this record-setting momentum.
waymo Waymo Secures $2.25 Billion to Expand Global Autonomous Fleet Alphabet's self-driving division raises a massive $2.25 billion in its first funding round, drawing investment from major financial and strategic partners. The capital aims to scale the Waymo Driver globally despite the company currently burning through roughly $1 billion annually.
alphabet Alphabet Veterans Raise $400 Million to Rebuild U.S. Infrastructure Two former Google executives launch Sidewalk Infrastructure Partners with $400 million in funding to modernize recycling, transit, and other critical systems. The new venture aims to solve intractable infrastructure problems using advanced technology.
startups Majority of Startups Face Severe Cash Shortages Amid Pandemic Layoffs A global survey reveals that nearly three-quarters of startups have reduced staff due to COVID-19, while 65% possess less than six months of operating cash. Venture capital funding drops significantly, leaving most young companies in a desperate fight for survival.
velo3d Velo3D Secures $28M to Expand 3D Printing Tech Used by SpaceX Velo3D raises $28 million to scale its metal 3D printing business, which currently supplies equipment to SpaceX. The funding aims to expand the company's product portfolio and push it toward profitability by mid-2022.