Venture

Our venture capital news features interviews and analysis on all the VCs, the VC-backed startups, and the investment trends that founders, investors, students, academics – and anyone else interested in the way that tech is transforming the world – should be tracking.

I recently adopted a kitten from a local animal shelter. The modern, well-staffed three-story facility relies almost entirely on donations to operate. It’s just one of the 1.8 million nonprofits…

Virtuous, a fundraising CRM for nonprofits, raises $100M from Susquehanna Growth Equity

Ashraf Hebela, J.P. Morgan’s Head of Startup Banking, may sit on the finance side of startups these days. But he once sat in the founder…

JP Morgan’s head of startup banking says ‘Founder Mode’ won’t get you a unicorn

The real estate market and many real estate-focused startups were hit hard when mortgage rates skyrocketed in 2022, but that didn’t stop industry veteran Clelia Warburg Peters from leaving her…

Era Ventures raises $88M first fund for transforming the ‘built’ environment

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A comprehensive list of 2024 tech layoffs

A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.

A comprehensive list of 2024 tech layoffs

Salesforce Ventures just doubled its AI fund with another $500 million, and is helping San Francisco grow its attraction as the city for AI startups.

Salesforce Ventures ups its AI fund to $1B, doubling it again

Insight Partners is reportedly on the cusp of closing on more than $10 billion in capital commitments for its 13th fund, per the FT.  The FT report notes that two…

Insight Partners is closing in on a whopping $10B+ new fund

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Cohere co-founder Nick Frosst’s indie band, Good Kid, is almost as successful as his AI company

Nick Frosst, the co-founder of $5.5 billion Canadian AI startup Cohere, has been a musician his whole life. He told TechCrunch that once he started singing, he never shut up. That’s still true today. In addition to his full-time job at Cohere, Frosst is also the front man of Good…

Cohere co-founder Nick Frosst’s indie band, Good Kid, is almost as successful as his AI company

It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was in talks to raise $6.5 billion at…

OpenAI could shake up its nonprofit structure next year

In early 2018, VC Mike Moritz wrote in the FT that “Silicon Valley would be wise to follow China’s lead,” noting the pace of work at tech companies was “furious”…

This is how bad China’s startup scene looks now

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week…

Shrinking teams, warped views, and risk aversion in this week’s startup news

Silicon Valley startup accelerator Y Combinator will expand the number of cohorts it runs each year from two to four starting in 2025, Bloomberg reported Thursday, and TechCrunch confirmed today.…

Y Combinator expanding to four cohorts a year in 2025

What could be more frightening than Friday the 13th? How about a realization that AI is in its awkward tween stage? At least, it was…

AI’s tween years, who’s taking over climate tech, and the latest for Fearless Fund

Antonio Moraes, the grandson of a late prominent Brazilian billionaire, was never interested in joining the family-owned conglomerate of construction companies and a bank. Shortly after graduating from college, he…

XP Health grabs $33M to bring employees more affordable vision care

Keith Rabois, managing director of Khosla Ventures, was having dinner with a “very successful CEO” in October 2018 when the CEO asked him a question: How many people does it…

Keith Rabois says Miami is still a great place for startups, even as a16z leaves

Tune.FM is a decentralized music streaming service where users pay for each song they stream using Tune.FM’s crypto token JAM.

Tune.FM wants to take on Spotify by using crypto to pay artists up to 100x more per stream

On today’s episode of Equity, Rebecca Bellan sat down with Alok Sama, a Morgan Stanley veteran and former president and CFO of SoftBank Group International.…

AI illusions and navigating ‘The Money Trap’ with Alok Sama

Fearless Fund has settled its case with the American Alliance for Equal Rights (AAER), agreeing to shut down its Strivers Grant program.

Fearless Fund is shutting down its contested Strivers Grant program

Sydney-based Neurode has come up with a novel way to offer some relief to people with ADHD: a wearable headband that can track and treat ADHD symptoms. And you only…

Neurode wants to treat and track ADHD symptoms through a wearable headband

Hormones play a massive role in when and how easily women can get pregnant, but research and resources in this area are lacking. Mira is…

Mira is helping fill the hormone knowledge gap for women and the medical industry

In the world of pharmaceuticals, companies aim to operate under GMP guidelines — a set of production and manufacturing measures to assure standards for medicinal products. But too often, the…

Qualifyze swallows $54M to improve pharmaceutical supply chains

A new report from Congruent Ventures and SVB highlights startups that could significantly reduce carbon emissions, mitigating climate change.

Hardware companies dominate a list of promising climate tech startups

In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally.

Here’s the full list of 35 US AI startups that have raised $100M or more in 2024

Steve Brotman started Alpha Partners in 2014 with a novel idea at the time: investing alongside early-stage VCs to help preserve their ownership in promising companies as they transition to…

Alpha Partners raises $153M third fund for pro-rata investments

Atomico has historically leaned toward earlier funding rounds while dipping into later stages where it made sense; now it’s setting itself up to focus just as much on the later…

European VC Atomico closes $1.24B across two funds for early- and growth-stage startups

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Startups are getting fined, or sometimes banned, by individual states

The problem, experts say, is that each state has its own complex fees, tax, and business registration requirements.

Startups are getting fined, or sometimes banned, by individual states

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. You won’t…

Startups have to be clever when fighting larger rivals

Venture capitalist Tim Draper’s international pitch competition, “Meet the Drapers,” is partnering up with TikTok as it heads into its seventh season. Under the new tie-up, entrepreneurs will pitch their…

VC pitch show ‘Meet the Drapers’ partners with TikTok

The Equity podcast crew is wrapping up another eventful week, with real estate, AI agents, gambling and secondary markets — which are, of course, a form of legalized gambling. Mary…

Real estate revolutions and beanie baby economies

Drip Capital has raised $113 million in a combination of $23 million in equity and $90 million in debt to provide credit to more small businesses in India and the…

Drip Capital, a fintech that provides working capital to SMBs, picks up $113M

Until six years ago, many e-commerce and SaaS businesses could have avoided paying sales tax to states where they had customers, but no physical presence. But as online shopping grew,…

Zamp targets growing demand for sales tax solutions