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TechnologyAdam Demuyakor of Wilshire Lane Capital Joins Conduent Board, Effective June 1
Conduent (NASDAQ: CNDT) appointed Adam Demuyakor — founder of VC firm Wilshire Lane Capital and vice chair of the Los Angeles Housing Authority — to its board, effective June 1. He joins the Compensation, Risk Oversight, and Corporate Governance committees.
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startup fundingFramer Raises $100M Series D at $2B Valuation, Signals Explosive Growth in No-Code Market
Amsterdam-based Framer secures $100M at $2B valuation, highlighting explosive growth in the no-code website design market as enterprise adoption accelerates.
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FinanceOpenAI Employees could participate in $6 Billion Liquidity Event at $500 Billion Valuation
OpenAI employees are negotiating a ~$6 billion share sale to SoftBank, Thrive Capital, and Dragoneer at a $500 billion valuation—a significant jump from OpenAI's current $300 billion mark.
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TechnologyBetaworks Fund 3.0
Betaworks announced the close of its $66 million Fund 3.0 — a pre-seed and seed vehicle dedicated to AI-native founders, continuing a lineage that began with Fund 1.0 in 2016.
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TechnologySymphonic Capital Launches $13.5M Debut Fund to Back Startups Advancing Health and Wealth Equity
Symphonic Capital has closed its $13.5 million debut fund, led by founder Sydney Thomas, to back startups focused on advancing health and wealth equity.