Neon, an open-source database startup, received a $25 million strategic investment from Microsoft's Venture Fund, M12. Neon plans to use this funding for research and development of its products.
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Microsoft subsidiary M12, a venture fund, has helped Palm NFT Studio raise $27 million in Series B funding. M12 said NFTs will help to unlock Web3 which will have several advantages over Web2.
M12 has announced its local presence in India with the opening of an office in Bengaluru. The Bengaluru office joins an M12 network that includes San Francisco, Seattle, London, and Tel Aviv.
Microsoft's corporate venture fund M12 has opened its European office. In line with that move, it also made an investment in SuperAwesome, a UK-based provider of online child safety platform.
M12, Microsoft's venture capital arm, will be extending its investments to India. The first startup that will be invested in under this expansion is Innovaccer, a healthcare data platform company.
M12, Microsoft's venture fund, in collaboration with EQT Ventures and SVB Financial Group has announced the Female Founders Competition for women leaders, with a total of $4 million in winnings.
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