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QIA to invest $1 billion in international and regional venture capital funds

The Qatar Investment Authority (QIA) is launching a $1 billion venture capital fund of funds for international and regional venture capital funds, the sovereign wealth fund announced on Monday at the Web Summit. The program, according to QIA, seeks to attract international VC funds and startups to Qatar and the wider Gulf Cooperation Council (GCC) region, with a particular focus on the fintech, edtech, and healthcare sectors. Similar to typical fund-of-funds structures, QIA’s initiative will invest indirectly through other VC funds but also make targeted co-investments with participating funds.

China , Qatar , Abu-dhabi , Abuz-aby , United-arab-emirates , Saudi-arabia , Singapore , Saudi-arabian , Saudi , Mansoor-ebrahim-al-mahmoud , Airtel-africa , Qatar-investment-authority

India spurs space sector investment with raised limits on foreign funding

India has updated official rules in the space sector to attract global investors and companies, after opening it up to private players four years ago. Private and public actors in India have been taking measures to increase participation in the country's space sector. India's space agency, the Indian Space Research Organisation (ISRO), has also made significant strides in the last few months to gain global attention, including the successful moon landing of its Chandrayaan-3 spacecraft and partnership with NASA over joining Artemis Accords.

New-delhi , Delhi , India , Narendra-modi , Authorization-center , Indian-space-association , Indian-national-space-promotion , Indian-space-research-organization , South-asian , Prime-minister-narendra-modi , Elon-musk , Foreign-direct-investment

Beam Dental, Branch Insurance latest Columbus startups to cut jobs

Two more Columbus young tech companies, Beam Dental and Branch, are joining other regional startups that have cutting jobs.

Arizona , United-states , Alex-frommeyer , Two-columbus , Cover-my-meds , Columbus-insurance , Ech-startups , Auto-insurance-companies , Nsurance-company , Disability-insurance ,

'This is so crazy.' Tax spike pushes NC researchers to the brink of bankruptcy

$61,000 more in personal taxes. With their federal grants now counted as taxable income, Triangle startup founders aren’t sure how they’ll keep paying.

South-carolina , United-states , Raleigh , North-carolina , Research-triangle-park , American , Adam-webb , Ted-budd , Thom-tillis , Valerie-foushee , Ed-burgard , Aron-josefsberg

Leo Ventures Launches 10 Million Venture Capital Fund to Finance Tech Startups

Leo Ventures emerges as a powerhouse in tech investments, setting the stage for a new era of innovation with a 10 Million fund Sonny Mohanty Fund Manager at Leo Ventures Singapore, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Singapore-based venture capital firm, Leo Ventures, emerges as a powerhouse in tech investments, setting the stage for a new era of innovation with a 10 Million fund. As an incubator and accelerator, Leo Ventures is committed to fostering the growth of disruptive projects dedicated to

Singapore , India , Sonny-mohanty , Viivek-mehata , Twitter , Linkedin , Leo-ventures , Middle-east , Fund-manager , Leo-venture , Ech-startups , Visionary-entrepreneurs

Banca Comerciala Romana Launches BCR Seed Starter To Invest In Local Tech Startups

Banca Comerciala Romana (BCR) has launched BCR Seed Starter, a fully owned subsidiary and the first corporate venture capital company (CVC) incorporated by a bank in Romania, aimed at investing in technology startups from January 2024 onwards.

Romania , Romanian , Ecaterina-craciun , Banca-comerciala-romana , Subscriptions-department , Advertising-sales-department , Banca-comerciala-romana-launches , Starter-to-invest-in-local-tech , Comerciala-romana , Cr-seed-starter , Ech-startups ,

Dubai launches USD 136 million VC fund to finance tech startups

Abu Dhabi: The Dubai Integrated Economic Zones Authority (DIEZ) on Friday launched a venture capital (VC) fund worth $136 million

Dubai , Dubayy , United-arab-emirates , India , Saeed-al-maktoum , Mohammed-al-zarooni , Rashid-al-maktoum , Abu-dhabi , Dubai-integrated-economic-zones-authority , Sheikh-mohammed , Vice-president

Drone tech startup UrbanMatrix raises Rs 6 cr in pre-Series A led by Inflection Point Ventures, ET Telecom

UrbanMatrix, founded in 2019 by IIT graduates Rishabh Verma, Ashutosh Kumar, Divyanshu Pundir and Ajay Karthik, has established partnerships with the Indian Space Research Organisation (ISR), Paras Aerospace, and ATV.

India , Vikram-ramasubramanian , Rishabh-verma , Ajay-karthik , Divyanshu-pundir , Ashutosh-kumar , Indian-space-research-organisation , Paras-aerospace , Urbanmatrix-technologies-friday , Inflection-point-ventures , Inflection-point , Directorate-general