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Drug development is an expensive, risky endeavor. Biotechnology companies just starting out are many years away from seeing profits, if ever. So more often than not, a startup’s success turning science into

Perplexity AI is reportedly creating a $50 million venture fund focused on U.S.-based pre-seed and seed artificial intelligence (AI) startups. The company, which is an AI startup itself, will be an anchor

Dive Brief: Private payments firms confronted funding challenges last year as volume dropped by 47% to $7 billion, and the number of deals declined 23% to 392, according to an analysis of

BlockDAG is on the brink of securing its first major venture capital (VC) investment, with an announcement expected soon. Discussions with institutional firms are already in motion, indicating confidence in BlockDAG’s long-term

TON Foundation secures $400M in Toncoin from major VCs to expand Telegram’s blockchain. Telegram’s TON blockchain sees 41M active users and 121M unique Toncoin holders. Venture capital interest grows as Telegram’s user

The venture capital firms that invested in cybersecurity firm Wiz, which agreed to a $32 billion buyout by Google’s parent Alphabet stand to reap returns as high as 200 times for Seed

Image: Getty Images Global technology company Yango Group has launched Yango Ventures, a corporate venture fund aimed at supporting promising startups across Latin America, Sub-Saharan Africa, the Middle East, North Africa, and

Update (March 20 at 4:41 PM UTC): This article has been updated to clarify that the token sale was not directed at the TON Foundation. The Open Network Foundation, also known as