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Cisco Investments, the global corporate venture investment arm of Cisco, has launched a $1 billion AI investment fund to bolster the startup ecosystem and expand the development of secure and reliable AI solutions.

Investcorp, a global alternative investment firm, announced the final closing of its Investcorp Technology Partners V (ITP V) fund at $570 million in total commitments.

Generative Artificial Intelligence (Gen-AI), is a machine learning form that generates new content from user prompts, input, or triggers.

Zevero, a decarbonisation platform that empowers companies to reach a net zero future, has been acquired by Singapore-based climate tech startup, LEVELUP.

Moove, the global mobility fintech that democratizes access to vehicle ownership for mobility entrepreneurs, announced it has raised $100 million in a Series B funding round, valuing the company at $750 million.

In 2023, with $3.5 billion raised from 547 deals, African venture capital (VC), experienced a significant downturn.

Women investors in the venture capital (VC) industry have long faced challenges such as gender bias, stereotypes, discrimination, and a lack of representation.