Factorial Funds, Accel and Peter Thiel’s Founders Fund invested in the company.
Tag: fund
AI, Global Security News, Network Security, Venture
Top Down Ventures Closes $28M MSP Software Founders Fund I
Top Down Ventures announced Tuesday that it has completed the final close of its Founders Fund I at $28 million, surpassing its original $25 million target. The Vancouver-based venture firm said the fund, which first closed in Oct. 2024 and finalized in April 2026, is the first institutional venture fund dedicated entirely to early-stage MSP…
AI, Cybersecurity, Exploits, Global Security News, Government & Policy, Risk Management
IMF warns of the potential for AI attacks on global financial systems
The International Monetary Fund (IMF) is warning that AI could become a growing threat to global financial stability by making cyberattacks faster and more sophisticated. In a new analysis, the organization describes how new AI tools can help attackers identify and exploit security vulnerabilities in banks, payment systems, and cloud services in record time. According…
AI, Global Security News
Google Cloud Commits $750 Million to Accelerate Partners’ Agentic AI Development
New fund and resources will support agentic AI development, adoption, and education throughout Google Cloud’s global partner ecosystem
AI, Europe, Funding, Global Security News, Government & Policy
UK wants to build sovereign AI — with just 0.08% of OpenAI’s market cap
The UK government has created a Sovereign AI investment fund with up to £500 million (US$675 million) to spend on turning UK startups into national AI champions. Its support could involve investments of up to £20 million per startup, or provision of up to 1 million GPU-hours of AI compute, and fast-tracking of visas to…
AI, Apps, Global Security News
OpenAI opens applications for an external AI safety research fellowship
OpenAI is accepting applications for a paid fellowship program that will fund external researchers to work on safety and alignment questions related to advanced AI systems. The program, called the OpenAI Safety Fellowship, runs from September 14, 2026 through February 5, 2027. Applications close May 3, with successful applicants notified by July 25. The fellowship…
Global Security News
Colter Bay Capital launches as Australia’s newest private credit fund, targeting a $25 billion gap in the lower mid-market
COMPANY NEWS: Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved businesses, while meeting investor demand for institutional-grade private credit returns.
AI, Global Security News
OpenAI’s Former Research Chief Aims to Automate Manufacturing With AI
Bob McGrew is raising $70 million to fund a startup making software platform to help run autonomous factories.