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VC Firm Accel Raises $650M to Invest in AI, Cybersecurity Startups in Europe, Israel
May 14 2024 // Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new fund will be...
PoloWorks Launches Managing General Agent Incubator
May 13 2024 // PoloWorks, a Lloyd’s and London Market insurance services business, announced the launch of Polo MGA – a managing general agent (MGA) incubator. This new offering provides services to both startup and established...
Cyber Startup Wiz Raises $1B in Private Funds, Valued at $12B
May 8 2024 // U.S.-Israeli cloud cybersecurity startup Wiz said on Tuesday it raised $1 billion in a private funding round that values the four-year old company at $12 billion. Wiz, which has raised $1.9 billion since its founding in...
New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups
May 8 2024 // New Jersey is creating a strategic innovation center for financial (fintech) and insurance (insurtech) technology startups in a partnership with Silicon Valley-based innovation platform Plug and Play. The new innovation...
Israeli Cyber Security Startup Apex Gets Initial Investment From OpenAI’s Altman
May 3 2024 // Israeli cyber security startup Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an undisclosed investment from OpenAI Chief Executive Sam Altman. In all,...
A New Approach: Florida Agents Association Makes Big Investment in Startup Insurer
Apr 4 2024 // The Florida Association of Insurance Agents, the largest agent group in the state, has taken the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring...
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