Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures

Goldman Sachs agrees to acquire  billion VC firm Industry Ventures


David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Aug. 6, 2024.

Jeenah Moon | Bloomberg | Getty Images

Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in assets under supervision, according to a release from the investment bank.

This story is developing. Please check back for updates.



Source

How packaging and logistics companies are automating their warehouses
Business

How packaging and logistics companies are automating their warehouses

DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management […]

Read More
Spirit Airlines sells more planes, calls back 500 flight attendants from furlough ahead of spring break
Business

Spirit Airlines sells more planes, calls back 500 flight attendants from furlough ahead of spring break

A Spirit Airlines plane is at George Bush Intercontinental Airport (IAH) in Houston, Texas, on Dec. 29, 2025. Reginald Mathalone | Nurphoto | Getty Images Spirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough. […]

Read More
January homes sales tank more than 8%, as Realtors say potential buyers are ‘struggling’
Business

January homes sales tank more than 8%, as Realtors say potential buyers are ‘struggling’

Prospective buyers arrive during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty Images High home prices, faltering supply and weaker consumer confidence in the economy all continue to weigh on the U.S. housing market. Sales of previously owned homes in January dropped […]

Read More