The Hive, a venture fund and co-creation studio that builds and fosters startups focused on AI-powered applications, closed its third fund—The Hive III—with $26.5 million in capital commitments. Investors include Verizon Ventures, Software AG, GE, Rockwell Automation, March Capital Partners and individual investors. The Hive
GSVlabs, a global innovation platform that accelerates startups and connects corporations to exponential technologies and ideas, raised $7 million in Series B financing. The company's flagship center in Silicon Valley is home to over 200 startups, including big data and artificial intelligence, education technology, financial technology,
Leading entertainment and sports agency Creative Artists Agency (CAA) unveiled Creative Labs, a startup studio focused on developing consumer-facing technology companies and next-generation media and entertainment experiences. Serial entrepreneur, two-time Emmy Award®-nominee, and venture capitalist Leonard Brody serves as chairman and cofounder of the new