Tag: Venture capital

Seed-stage startups face a 52% decrease in deals for Q1 2023, urging founders to reassess the value of their investors. Law firms warn that AI-enabled technology development may create legal issues, and federal and state law violation risks. In contrast, the Fed's new initiative, FedNow, will allow instant payments 24/7/365, paving the way for fintech companies' growth, while Japan's VC market hit a record high in 2022. Learn more about these trends and the strategies of investors active in Japan's startup ecosystem in this informative article.

Sequoia Capital is dividing into three entities to enhance investment efficiency among their competing start-ups. Shen will remain the head of the Asian arm, dispelling power struggle rumors. Learn more here.

Three California universities named as top schools in the US to produce startup founders with the highest funding for their ventures since 2022. Stanford University leads the list with 472 funded graduates. Other colleges from California, such as UC Berkeley and USC, have also made it to the top 10. Despite a slowdown in venture capital funding, early-stage startups seem to be thriving.

UpdateAI, a customer success platform integrated with ChatGPT AI, has raised $2.3 million in funding from investors, aiming to automate workflows for CS teams and enhance their productivity. CEO Josh Schachter believes this funding will enable more strategic thinking, and foresees a cross-functional system for customer conversations.

AI investments are not as common as expected, with many VCs already having shares in AI companies. Nevertheless, startups are still pivoting towards AI.