Leadership from the House Select Committee on the Chinese Communist Party (CCP) is launching investigations into several U.S. companies that it claims are funding China’s development of artificial intelligence (AI) and military modernization. Select Committee Chairman Mike Gallagher (R-Wis.) and Ranking Member Raja Krishnamoorthi (D-Ill.) sent letters to the leaders of four American venture capital…

It is becoming more apparent that American startups are facing a bad year, and financial relief is far from coming. Higher interest rates, a shaky U.S. economy, and the recent banking crisis have led to a shortage of funds for capital-hungry startups in their early stages, along with less opportunity for those in late-stage development…

“America’s pre-eminent investment firm is employing a member of the Chinese government.” That comment, made by tech executive Brian Costello on Steve Bannon’s “War Room” podcast on June 27, reflects the ongoing attention surrounding the recent Sequoia Capital split, following scrutiny of the firm’s ties to the Chinese Communist Party (CCP). The venture-capital giant announced…

Commentary China’s tech startup and venture capital boom over the last decade has produced some household names while stoking concerns that it would one day surpass innovation out of Silicon Valley. But that momentum has waned recently. Various reasons have dampened international funding into Chinese tech startups, including pandemic restrictions, the communist authority’s crackdown on…

Venture capital funding for start-ups plummeted by more than half in the first quarter of 2023 compared with the year before. The period saw a massive slowdown in the tech industry, as the number of new funding agreements fell to less than 3,000, a 55 percent decline and the lowest level in more than five years. American-based…

Members of Canada’s technology sector say they’re worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector. They say some Canadian startups have been worried about cash flow and many are fretting how they’ll raise their next round of funding after U.S. regulators closed the…

Silicon Valley Bank (SVB) was the go-to bank for many startups for years. How has its fall affected the startup community? We talk to startups that have been impacted by SVB’s fall to get their stories. One firm we spoke to moved over $600,000 out of SVB during the bank run. Alison Greenberg, CEO of…

Commentary Venture capital investment is down in the United States. The fundraising environment has become not only tougher for people in venture capital funds but also for entrepreneurs looking to raise capital to build a business. Prequin is a service that tracks all kinds of data in venture capital. According to its numbers, venture capitalists…

Venture capital fundraising ended 2021 with the biggest numbers ever registered, based on data from a recent report published by industry veterans, at a time when companies across the country emerge out of the pandemic but face an Omicron-tainted recovery. The best year for Venture Capital (VC) funding saw U.S. companies raise nearly $330 billion,…

Assets under management held in sovereign wealth and public pension funds reached a record $31.9 trillion due to strong returns from American stock markets and rising oil prices as global economies recover from pandemic-era lockdowns. Sovereign wealth funds (SWF) grew 6 percent from $9.9 trillion in 2020 to $10.5 trillion last year, passing the $10…