Latest in Funding Upenn
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Rick Pitino did his part in St. John's renaissance; can New York City deliver the NIL funds a champion needs?
The Red Storm's NIL commitment will determine whether St. John's can take the next step under Rick PitinoCBS Sports - 6d -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Welevel raises $5.7M to revolutionize procedural game development
Indie game development studio Welevel today announced that it raised $5.7 million in funding to transform procedural game development.VentureBeat - Mar. 6 -
WATCH: Endangered cheetah sanctuary breaks ground in Africa
Cheetah Conservation Fund founder Laurie Marker discusses her organization’s fight to save cheetahs throughout the continent.ABC News - Mar. 7 -
France and Germany clash over ‘buy EU’ weapons
Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagreesFinancial Times - Mar. 8 -
Afghan women who fled Taliban to study abroad face imminent return after USAID cuts
US aid funding enabled the women to study in Oman - but their scholarships have been abruptly terminated.BBC News - Mar. 8 -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - Mar. 8 -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - Mar. 8 -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - Mar. 8 -
Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Thousands of protesters gathered in Washington for Stand Up for Science, a rally in response to President Trump’s federal-funding and job cuts.The New York Times - Mar. 9 -
AI frenzy leads US venture capital to biggest splurge in three years
Investor excitement over fast-developing technology has seen a flurry of massive funding rounds this yearFinancial Times - Mar. 9 -
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.BBC News - Mar. 10 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - Mar. 10 -
Donald Trump bets propel Michael Platt’s BlueCrest to 15% gain
Hedge fund turned family office eclipses rivals with currency and bond wagers on a slowing US economyFinancial Times - Mar. 10 -
Why even cash is problematic for worried investors in this current state of chaos
Fleeing to money-markets funds isn’t the safe move you might think it is right now.MarketWatch - Mar. 10 -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - Mar. 10 -
The two big questions looming over the shutdown fight: From the Politics Desk
Two big questions are looming over the shutdown fight as Republican lawmakers try to pass a stopgap bill to fund the government.NBC News - Mar. 10 -
From Maid to Mortgage Mogul: How Patty Arvielo Built a Billion-Dollar Lending Empire
Patty Arvielo built her company, New American Funding, to weather uncertainty and she still finds time to pay it forward.Inc. - Mar. 11 -
How Babba Rivera Built Her Own Destiny—and a Best-Selling Latinx Hair Brand
The mother of four has raised $11.5 million in funding since launching hair care brand Ceremonia in 2020.Inc. - Mar. 11 -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - Mar. 11 -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - Mar. 11 -
European tech founders join forces to invest in young entrepreneurs
Podcaster Harry Stebbings is spearheading a €10mn fund to build tech start-ups to combat a ‘doom loop’ in EuropeFinancial Times - Mar. 12 -
Shutdown fight moves to Senate as Democrats weigh support for bill
Senate Democrats are considering the path forward after the House narrowly approved a stopgap measure to keep the government funded.CBS News - Mar. 12 -
M10 raises $3M for Web3 competitive multiplayer games
M10, a Web3 game developer and publisher creating competitive multiplayer games, has raised $3 million in funding.VentureBeat - Mar. 12 -
Opus Major raises $10M to bring people together through music and games
Opus Major has raised $10 million in funding to build a global game studio dedicated to crafting games and entertainment.VentureBeat - Mar. 12 -
Immigrant detention centers are at capacity, Trump admin officials say
The Department of Homeland Security is working with several agencies to increase bed space as they ask Congress for more funding.NBC News - Mar. 12 -
Germany’s stagnant economy dents investment in consumer start-ups
Funding increased to €7bn last year but it is a far cry from the 2021 peak of more than €17bnFinancial Times - Mar. 13 -
Drugmaker merger turns the page on a dark chapter of US history
Real-world pain lies behind a big win for several Wall Street vulture fundsFinancial Times - Mar. 13 -
Government shutdown: Which parks, museums and monuments could be closed?
The possibility of a government shutdown means many federally funded national parks, monuments and attractions might be closed until the government reopens.ABC News - Mar. 13 -
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - Mar. 14 -
DOD schools allowed to resume athletic events this weekend after pause
Sporting events had been postponed in response to President Trump's executive order restricting government-funded travel.Yahoo Sports - Mar. 14 -
Schumer announces he will vote to keep government open, likely avoiding shutdown
Senate Democrats remained tight-lipped on Thursday after meeting on the fast-approaching government funding deadline.ABC News - Mar. 14 -
Crispin Odey makes courtroom visit to Staley case over Epstein ties
Appearance by hedge fund founder comes as ex-Barclays boss tries to overturn FCA ban and fineFinancial Times - Mar. 14 -
With Democrats' help, Senate votes to avert a government shutdown
The Senate passed a House-approved government funding bill that averts a government shutdown that was set to be triggered at the end of the day Friday.ABC News - Mar. 14 -
Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management launched its newest buffer exchange-traded fund this month.CNBC - Mar. 15 -
It may be a good time for investors to look at less risky ways to stay in the stock market
Buffer and covered call funds may offer more predictable outcomes for investors amid choppy trading.CNBC - Mar. 16 -
Media advocates warn Trump’s cuts to Voice of America embolden autocrats
Order to slash funding to pro-democracy broadcasters part of efforts to radically reduce government servicesFinancial Times - Mar. 16 -
Columbia under pressure to resist Trump administration demands
Scholars say government threat to further cut federal funding at Ivy League university contains ‘glaring legal problems’Financial Times - Mar. 16 -
‘Full of despair’: Senate Dems look to regroup after losing shutdown fight
Democrats are openly questioning whether they lost their last point of leverage by ceding to Republicans in the latest skirmish over funding the government.Politico - Mar. 17