The article provides a roundup of NYC Tech News for the week ending 4/27, highlighting recent funding rounds for startups like beehiiv, Nagomi Security, Footprint, and Turnkey. [ more ]
Global venture funding in Q1 2024 reached $66 billion, with enterprise software leading and frontier technologies like generative AI receiving significant funding. [ more ]
Qatar reportedly has a $100M fund for startups | TechCrunch
Qatar unveiled a startup investment program at Web Summit managed by Qatar Development Bank with a $100 million fund.
The 'Startup Qatar Investment Program' offers funding up to $500,000 for startups establishing in the country and up to $5 million for expansions. [ more ]
Voice AI startup ElevenLabs raised an $80 million Series B at a unicorn valuation, representing a 10x jump from its Series A valuation in June 2021.
Anthropic, an OpenAI rival, is reportedly in discussions to raise $750 million at a valuation of up to $18.4 billion, marking a 4.5x valuation jump in nine months. [ more ]