Lucid Motors is facing mounting challenges as its electric vehicle production continues to decline. The luxury EV maker built just 2,954 vehicles in the third […]
Peak XV Raises Surge Seed Ceiling to $5M for 18 Startups
Peak XV Partners, one of the largest venture capital firms investing in India and Southeast Asia with more than $10 billion in assets under management, […]
Lightspeed Raises $250M for India-Focused Early-Stage AI Fund
Lightspeed is raising $250 million for a new early-stage India fund with a sharp focus on artificial intelligence, betting that the technology will drive the […]
Mazama Energy raises $135M for super-hot-rock geothermal wells
Mazama Energy has secured $135 million in funding to advance its super-hot-rock geothermal technology, marking a significant milestone for the emerging clean energy sector. The […]
Collaborative Fund Joins VC Rush Into Sports Ownership
Collaborative Fund, a 15-year-old New York-based venture firm with roughly $1 billion under management, is taking a stake in D.C. United and its stadium, Audi […]
Stoke Space Raises $1 Billion Series E to Advance Reusable Rockets
Stoke Space Technologies has completed the initial closing of a $1 billion Series E funding round, marking a major milestone in the company’s quest to […]
Magna invests $35M in Yuma Energy battery swapping
Canadian automotive parts giant Magna International is doubling down on battery swapping technology in India with a $35 million investment in Yuma Energy, a Bengaluru-based […]
China Stocks Rise on Policy Support Hopes
Chinese stock markets experienced a rebound, with the blue-chip index CSI300 showing a notable increase. The CSI300 rose by 0.8%, reaching its highest point in […]
Republicans Question Fed Balance Sheet Reduction
Leading Republican members of the House Financial Services Committee have voiced their concerns regarding the Federal Reserve’s ongoing efforts to reduce its balance sheet. In […]
US Stocks Rise as Fed Minutes Show Rate Hike Debate
US stocks experienced a rally on Wednesday as investors analyzed the minutes from the Federal Reserve’s most recent policy meeting. The dollar saw a decline […]