Spark Capital's Will Reed was tracking remote access startup Axis Security even before the pandemic raised its profile

Spark Capital has led a $50 million Series C in remote access startup Axis Security. Talks began over a year ago, before the pandemic.
U.S. News & World Report

AI Chip Firm Cerebras Raises $1.1 Billion, Adds Trump-Linked 1789 Capital as Investor

SAN FRANCISCO (Reuters) -Cerebras Systems, a Silicon Valley startup aiming to take on Nvidia by producing a dinner-plate-sized AI computing chip, on Tuesday said it raised $1.1 billion and added 1789 ...
Benzinga.com

Capital Connect Crumbles: JPMorgan's $175M Bet On Startup Platform Ends Amidst Venture Capital Market Turmoil

JPMorgan Chase (NYSE:JPM) has quietly shut down Capital Connect, its startup-venture capital matchmaking platform launched just two years ago. The site went offline in late 2024 without a formal ...
Crowdfund Insider

JPMorgan Discontinues Capital Connect Platform, Shifts Focus to Traditional Banking Relationships

JPMorgan Chase (NYSE: JPM) has terminated its Capital Connect platform, a digital initiative launched in 2022 to bridge the gap between startup founders and venture capital investors. The decision, ...