- AI startup Reforged Labs shuts down as the "gap we were selling into is closing" GamesIndustry.biz —
- Horizon3, whose AI penetration testing platform NodeZero helps find and exploit attack paths in production systems, raised a $250M Series E at a $2B valuation (Kate Park/TechCrunch) Techmeme —
- Mauricio Pochettino agrees deal to stay as US coach through World Cup 2030 The Guardian —
- Horizon3.ai raises $250M at $2B-plus valuation for autonomous pentesting SiliconANGLE —
Venture capital
Form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or demonstrated high growth
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology.
Also known as...
VC, risk capital, seed capital, and Capital Risk
Horizon3 raises $250 m at $2 bn valuation