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Euan Menzies Joins Insight Venture Partners As Venture Partner

Euan Menzies, former chief executive officer of Vertafore, has joined Insight Venture Partners as venture partner. Mr. Menzies has had a long business relationship with Insight, stemming from Insight's investment in Vertafore in 2000.

Brazilian Site Elo7 Receives Investment From Insight Venture Partners

Elo7, a marketplace for buying and selling handicraft products in Brazil has raised capital from Insight Venture Partners. The new capital will be used...

U.S., Mexico announce semiconductor partnership under CHIPS Act initiative

The U.S. Department of State and the Government of Mexico have announced a partnership to explore opportunities for growing and diversifying the global semiconductor ecosystem.

Google Cloud, HashiCorp expand partnership to integrate AI in cloud

Google Cloud and HashiCorp announced an expansion of their partnership, focusing on integrating generative AI into cloud transformation solutions for their mutual customers.

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.