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Nalezeno "Sequoia Capital": 40

Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT

27.5.2024
On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment. The post Elon Musk’s...

Binance Backed Crypto Wallet Firm Web3Auth, and Safe Launch SafeAuth

5.12.2023
Source: PexelsWeb3Auth, a wallet-as-a-service infrastructure provider has teamed up with the smart contract-based multi-signature crypto wallet provider Safe (formerly known as Gnosis Safe) to launch “SafeAuth” a service which allows users to create wallets quickly without the need for seed...

Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding – What Does it Do?

24.10.2023
Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks. The company, founded in September 2022, concluded its series A funding round, bringing the total raised to $33 million, led by Ribbit Capital and Variant...

Leading Venture Capital Firms Including Softbank and Sequoia Named as Defendants In Fresh Lawsuit for Links With FTX

9.8.2023
A class-action lawsuit filed in the United States District Court for the Northern District of California has named 18 venture capital investment firms as defendants for their links with the bankrupt crypto exchange FTX. The lawsuit has named major VC firms as defendants, including Temasek, Sequoia...

Temasek, Sequoia Capital, Softbank and 15 VCs face lawsuit for “abating” FTX fraud

9.8.2023
The lawsuit alleged that these VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain

Sequoia Capital Cuts Crypto Fund by Over 65% to $200 Million – What's Going On?

28.7.2023
Venture capital giant Sequoia Capital has slashed the size of its cryptocurrency fund by over 65%, reducing it from $585 million to $200 million, Wall Street Journal reported citing sources familiar with the matter. The venture capital giant has also made corresponding cuts to its ecosystem fund...

Sequoia slashes its crypto fund by 66% after industry collapses: Report

28.7.2023
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022

Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ

27.7.2023
The vaunted VC firm told investors earlier in the year it would shrink the fund to reflect a changed market

Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives

30.6.2023
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...

Biggest Movers: BCH Hits 1-Year High, as EDX Markets Rally Intensifies

27.6.2023
Bitcoin cash rose to a one-year high on Tuesday, as traders continued to buy the token following last week’s EDX markets listing. The newly formed exchange, which is backed by the likes of Citadel, Sequoia Capital and Fidelity, listed the coin in its offering. Litecoin was another token...

Crypto Exchange Backed by Fidelity, Schwab, Citadel Launches With Trading of 4 Cryptocurrencies

21.6.2023
The cryptocurrency exchange backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial has launched and completed a new funding round. The platform offers the trading of four cryptocurrencies. EDX Crypto Exchange Launches EDX Markets...

Sequoia Capital announces three-way split to separate China business

6.6.2023
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches

Alameda Research to sell interest in Sequoia Capital for $45M to Abu Dhabi

9.3.2023
The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund

FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm

9.3.2023
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors

Sequoia Capital, Paradigm among VCs facing "tricky" FTX investor lawsuit

15.2.2023
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer

Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX

23.11.2022
In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX. The apology was reported by the Wall Street Journal, citing people familiar with the matter. Sequoia’s partners...

Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’

10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...