Author: Laney Gervase

Inflection AI, the new artificial intelligence start-up from DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, has secured $225 million in funding, according to a filing with the U.S. Securities and Exchange Commission last week. The funding, first reported by TechCrunch, has been raised at an undisclosed valuation and it’s not clear who the investors are at […]

Although current owners might not be so happy, investors that missed out on owning a stake in some of the most celebrated private companies are getting a second chance. That’s because the investible universe in the private market has never been so big and so cheap. According to PitchBook, the number of private companies valued […]

FNEX, a leading private securities liquidity platform and fintech-enabled investment bank, announced the launch of the FNEX Institutional Dark Pool — an internal, proprietary software platform and data tool for investment bankers to match institutional, private security transactions. The FNEX Dark Pool offers a confidential venue for FNEX financial professionals to source and transact large […]

A challenging first-quarter earnings reporting season got underway this week and investors should be looking for the rare stocks in this tough 2022 market that have momentum going into their results.

The once red-hot SPAC market is becoming a fertile ground for activist investors who push for changes at problematic companies and profit from them. A record number of companies went public over the past two years by merging with special purpose acquisition companies, a fast-track IPO alternative vehicle. New to the public markets and often […]

ares of Dewa, the Dubai Water and Electricity Authority, surged more than 20% Tuesday as the giant utility company began trading on the public market, marking the first listing of its kind in the region. Shares were trading at 3.02 UAE dirhams (82 cents) on the Dubai Financial Market exchange in the first few minutes […]

Chinese artificial intelligence start-up SenseTime Group postponed its $767 million Hong Kong initial public offering (IPO) on Monday after being placed on a U.S. investment blacklist. SenseTime said it remained committed to completing the offering and would publish a supplemental prospectus and an updated listing timetable. Reuters first reported earlier on Monday the company’s plan to withdraw the […]

British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark. The cash injection was led by Nyca Partners, a U.S.-based venture capital firm that has previously bet on companies including Affirm and Revolut, with additional backing coming from major lenders including JPMorgan Chase, Standard […]

Start-ups in the region are on track to haul in a record $121 billion in funding this year, according to a report from venture capital firm Atomico, roughly three times the $41 billion of capital raised in 2020. It’s the first time European start-ups have raised more than $100 billion in a single year, and […]

Ali Ghodsi, Databricks co-founder and CEO, joins ‘TechCheck’ to discuss the company’s venture fund, which will invest in startups and technologies across data and A.I. and alongside lead institutional venture capital firms. Ghodsi discusses the influx of investments in private data, A.I. and software companies.