Silicon Valley Journals 
Bitkraft Ventures, a games-focused investor headquartered in Denver, Colorado, and founded by European gaming industry veteran Jens Hilgers, has closed its third fund at $275 million. The fund will primarily target seed and Series A investments in gaming studios and platforms supporting game production. This move comes at a time when investments in the gaming … Read more
GameStop, the iconic videogame trading empire, has closed its financial year with a significant shortfall in expectations, marking a challenging period for the household name. Sales Slump and Stock Dip: CEO Departure: Future Outlook: Despite the setbacks, GameStop will likely focus on strategic initiatives to regain momentum and address the challenges posed by evolving market … Read more
The funding will enable the launch of an advanced AI Curator for corporate upskilling and knowledge empowerment.
Intel® Ignite, the prestigious global startup accelerator program for early-stage deep tech startups, is set to launch its highly anticipated fourth cohort in the United States on April 3rd. Nestled in the vibrant tech hub of Boston, this cohort boasts a diverse lineup of startups hailing from prominent tech ecosystems across the country, including San … Read more
Aerospike, a leading provider of real-time NoSQL database solutions, has announced the successful closure of a $100 million Series E funding round, spearheaded by Sumeru Equity Partners. Notably, existing investor Alsop Louie Partners also participated in this round, emphasizing the continued confidence in Aerospike’s vision and trajectory. Initially founded in 2009 with a focus on … Read more
SingleInterface, a SaaS startup specializing in empowering offline businesses to expand their revenues through online channels, has successfully raised $30 million in its inaugural external funding round. This milestone marks a significant step forward for the Singaporean startup as it aims to broaden its global footprint and enhance its product offerings to better serve international … Read more
Whirlpool, the renowned appliance manufacturer, has made a decisive move by letting go of its entire team dedicated to the Yummly recipe and cooking app. Industry insiders report that all employees associated with the app and website have been laid off, raising questions about the future of the property Whirlpool acquired in 2017. The decision … Read more
Byju’s, the prominent edtech company, has faced yet another setback as reports emerge of the dismissal of approximately 500 employees, primarily in sales and marketing roles across various divisions. This move follows recent challenges in meeting payroll obligations due to funding shortages, indicating ongoing financial difficulties for the company. Sources familiar with the matter revealed … Read more
In a recent development, Amazon Web Services (AWS) has initiated significant layoffs affecting hundreds of employees across sales, marketing, and technical departments. This move marks the latest wave of job cuts within Amazon.com, the parent company of AWS. Reports indicate that Amazon.com has been undergoing restructuring efforts, resulting in layoffs across various divisions, including Prime … Read more
The funds will be utilized to launch the company into new markets, enhance its marketing efforts, and strengthen its team to ensure the delivery of exceptional travel experiences.