Topic: investor confidence
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Elon Musk’s xAI Seeks $300M in New Funding Round
Elon Musk's xAI is seeking $300 million in funding at a $113 billion valuation, following its $33 billion acquisition of X (formerly Twitter) last year. The share sale allows employees to sell stakes, potentially leading to a larger funding round with new equity for external investors. The fundra...
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Zeal Capital Closes $82M Fund II for Strategic Investments
Zeal Capital Partners closed its second fund at $82 million, backed by major investors like Citi Impact Fund and Wells Fargo, targeting early-stage businesses with initial investments of $1M–$2.3M and reserving half for follow-on financing. The fund focuses on fintech, healthcare innovation, and ...
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Bestow Secures $120M Series D Led by Goldman Sachs & Smith Point
Bestow raised $120 million in Series D funding, co-led by Goldman Sachs and Smith Point Capital, bringing total equity funding to over $300 million to modernize life insurance underwriting and distribution. The company shifted from direct-to-consumer insurance to enterprise SaaS solutions, levera...
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