MADISON, Wis. (AP) — Gov. Tony Evers will propose more than $329 million in new economic development initiatives as part of his state budget proposal on Tuesday, including a new $100 million...
Popular online trading platform Robinhood said Monday that it has lined up $3.4 billion to help meet its funding requirements amid a spike in trading on Wall Street fueled by small investors...
INDIANAPOLIS (AP) — Indiana's life sciences sector attracted a record $257 million in venture funding during 2020 despite the state's economic woes wrought by the coronavirus pandemic, an...
Malcolm Jenkins has teamed with fellow NFL players to launch a venture capital fund.
The three-time Pro Bowl safety and two-time Super Bowl champion launched Broad Street Ventures on...
NEW YORK (AP) —
Kathryn Ross was one of just two Black women in Accenture's Miami office when she first joined the global consulting firm nearly 27 years ago. Now a managing partner, Ross...
The founder of a Silicon Valley venture capital firm was sentenced Wednesday to six months behind bars for paying about $450,000 in bribes to boost his two daughters' entrance exam scores and get...
JERUSALEM (AP) — A leading Israeli venture capital firm said Wednesday it has hired the Trump administration's former Mideast envoy Jason Greenblatt as a business developer for the...
WASHINGTON (AP) — The Federal Reserve approved a proposal Thursday to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds.
SAN FRANCISCO (AP) — Jan Garfinkle is not your typical VC founder, and not just because she's a rare woman running a venture capital firm she founded nearly two decades ago. Though she hails from...
SANTA FE, N.M. (AP) — A New Mexico startup developing LEDs displays for wearables and personal mobile devices has received a venture capital investment from Korea-based Samsung Venture Investment...
CAMBRIDGE, Mass. (AP) — Two prominent researchers are quitting MIT's Media Lab over revelations that the famed technology research hub and its director took money from Jeffrey Epstein after he'd...
INDIANAPOLIS (AP) — A change that Indiana lawmakers made this spring to a tax incentive for startups is being hailed as a big win for the tech industry because it promises to make it easier for...
BOSTON (AP) — In a story March 13 about a college admissions bribery scandal, The Associated Press erroneously described a defendant's employer. The company where Manuel Henriquez worked is a...
LOS ANGELES (AP) — In a story March 13 about a college admissions bribery scandal, The Associated Press erroneously described a defendant's employer. The company where Manuel Henriquez worked is a...
SAN FRANCISCO (AP) — Hall of Fame quarterback Joe Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday.
San Jose, California-based Caliva said it will use the investment to grow a company that includes a farm, a retail store, distribution center and a delivery service. It also distributes its branded products in dozens of other retail outlets in the state.
NUTLEY, N.J. (AP) — New Jersey Gov. Phil Murphy on Monday unveiled a proposal he says could jump-start the state's lagging economy by auctioning off tax credits to attract private venture capital investment and to overhaul how the state doles out tax incentives.
Murphy delivered the speech at ON3, a medical-biotech development campus in Nutley, about 16 miles (26 km) west of New York, before hundreds of business, Cabinet officials and lawmakers.
GREENWICH, Conn. (AP) — A young venture capital firm based in Greenwich believes it has a big competitive advantage.
Founded in 2016 and launched last year, 1843 Capital — led by Tracy Chadwell and Alison Andrews Reyes — specializes in technology startups, but it differentiates itself primarily by looking to invest in companies with "diverse leadership teams that include at least one woman," Chadwell said.
INDIANAPOLIS (AP) — A Chicago-based firm is preparing to take the reins of a new Indiana-backed venture fund and begin investing up to $250 million this spring.
JERUSALEM (AP) — When Israeli venture capitalist Jonathan Medved launched his OurCrowd funding platform five years ago, he billed it as a novel way to give individual investors a piece of the action on the country's vibrant start-up scene, traditionally the playground of well-heeled venture funds.
Now, his firm has burgeoned into a $650 million behemoth.
SPRINGDALE, Ark. (AP) — Tyson Foods Inc. has invested in a food-tech startup that's developing methods to produce meat directly from animal cells.
The Arkansas-based company announced Monday that its venture capital arm, Tyson Ventures, now has a minority stake in Memphis Meats. The terms of the deal haven't been disclosed, but Memphis Meats says it expects to use the funds to accelerate product development.
BEVERLY, Mass. (AP) — Two former Salem State University chemistry majors could wind up discovering the first class of new antibiotics in 30 years.
Jack Cotter and Dakota Hamill are the founders of Prospective Research Inc., an antibiotic drug discovery company working out of an Endicott College lab.
ONE Championship has secured a major equity investment from venture capital firm Sequoia India and investment firm Mission Holdings, positioning the ascendant mixed martial arts promotion to increase its presence throughout Asia.
The investment means ONE Championship has raised over $100 million in total capital less than six years after its first show, according to Chatri Sityodtong, the promotion's chairman and CEO.
NEW YORK (AP) — Sexism in Silicon Valley may be coming in for a reckoning, prompted by women coming forward with stories of sexual harassment by industry bigshots. Apologies, resignations and self-reflection have followed, although it's too soon to tell if they will produce meaningful change.
LIHUE, Hawaii (AP) — An effort to promote more local beef production and reduce the state's reliance on imported meats has received a six-figure investment from a Hawaii-based venture capital fund.
EEx Fund One LLC, which supports Energy Excelerator programs, has invested $300,000 in Kunoa Cattle Company, The Garden Island reported (http://bit.ly/2o59XfP) on Tuesday.
TOKYO (AP) — Japan Inc. where companies with roots going back decades, if not centuries, have long dominated, is finally warming up to startups.
Major banks and venture capitalists are keen to tap into faster growth by investing in innovative entrepreneurs, when they can find them. Money raised for ventures in Japan reached a record 276 billion yen ($2.5 billion) last year.
BRIDGEPORT, Conn. (AP) — Federal authorities in Connecticut says the chief executive officer of a New York City venture capital firm will spend less than a year behind bars for misusing more than $300,000 of clients' funds.
The U.S. Attorney's Office says Joseph McAndrew, of Pawcatuck, was sentenced Monday in Bridgeport to a 30-day prison term, six months of home confinement and three years of supervised release. He was also ordered to pay full restitution.
EAST LANSING, Mich. (AP) — The Michigan State University Foundation has launched a $5 million venture investing subsidiary to help university startups that are on the brink of market launch.
Red Cedar Ventures would invest a minimum of $250,000 in businesses created by faculty and students to help get their services or products onto the market, the Lansing State Journal (http://on.lsj.com/2gnlBD9 ) reported.
UNITED NATIONS (AP) — The United Nations children's agency is taking a cue from Silicon Valley and making venture capital investments in emerging market tech start-ups to create solutions for some of the most pressing problems facing children today.
NASHVILLE, Tenn. (AP) — An audit of a state venture capital program called TNInvestco has found that Tennessee has recovered only $5 million of its $200 million investment.
The program enacted in 2009 was aimed at encouraging start-up companies to set up shop and create jobs in the state. It was funded through the sale of discounted tax credits to insurance companies.
NEW YORK (AP) — Retired NBA star Kobe Bryant is moving to Wall Street, announcing the formation of a $100 million venture capital fund to invest in media, technology and data companies.
The fund, known as Bryant Stibel, is being co-managed by investor Jeff Stibel. The two met through mutual friends, Stibel said.