8VC

8VC is a venture capital and private equity investment firm headquartered in San Francisco, California, U.S., noted for participating in...

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HQ
San Francisco
Sectors
Venture capital

Coinbase Gets ADGM FSP to Launch Securities Tokenization Hub; Unitree IPO Allotment and Corma $60M Seed Round Announced

Coinbase received an FSRA Financial Services Permission in ADGM to build an international securities tokenization hub enabling tokenized stocks with wallet-based investor access; Unitree Technology announced 19,414 lottery winners for 500-share IPO allocations each; cybersecurity startup Corma closed a $60 million seed round and deployed its AI model to major companies.

Sila raises $300 million to expand Moses Lake silicon-anode plant, aiming to scale from ~2 GWh toward tens of GWh

Sila, a California startup that makes silicon-carbon battery anode materials, raised $300 million to expand its Moses Lake, Washington manufacturing plant and scale production beyond its current ~2 GWh capacity. The funding comes as demand grows for higher-performance batteries in AI-driven markets like drones, space hardware, robotics, EVs and wearable devices.

Seattle Startup Overland AI Partners with CAL FIRE to Test Autonomous 4-Wheelers for Wildfire Response

Seattle startup Overland AI is partnering with CAL FIRE to test its self-driving 4-wheelers for wildfire resupply and logistics, marking the technology's first use in civilian firefighting applications beyond its military background. Overland AI, founded in 2022, has existing contracts with U.S. defense agencies and recently raised $32 million to expand production capabilities.

PitchBook: Silicon Valley VC Deal Share to Drop Below 20% This Year as Investors Move to Miami, Austin and Other Hubs

PitchBook forecasts that Silicon Valley’s share of U.S. venture capital deal count will fall below 20% this year for the first time, as remote work, high local costs and investor relocations shift capital to secondary tech hubs. In 2020 the U.S. raised $156.2 billion in VC, with the Bay Area accounting for 22.7% of deals and 39.4% of deal value.

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