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.
Andreessen Horowitz (a16z) has closed a satellite office in Miami Beach just two years into a five-year lease it signed for an 8,300-square-foot space. The reason? Disuse, reports Bloomberg. Miami…
Fast-forward to today, Slauson & Co. remains even more committed to the mission of inclusivity in its funding, and it seems limited partners have its back.
Mayfield is launching AI Garage, a $100 million initiative for ideation-stage founders interested in building “AI teammate” companies.
The American sports betting market produced $10.9 billion in revenue in 2023 for casinos, sportsbooks and iGaming, according to the American Gambling Association. One of the reasons this industry is…
Dutch clean energy investor SET Ventures lands new €200 million fund, which will go toward digital tech
New climate tech VC firms have emerged in recent years, but existing ones are also raising larger funds. Founded in 2007, Dutch firm SET Ventures is one of the latter.…
Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round
Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for…
Former Citi, Battery VC has new $378M fund to back financial services and enterprise startups
This second fund is significant because Gupta expanded it beyond a corporate fund with one main LP — Prudential Financial — into one supported by a number of financial and…
Students and recent grads: 5 days left to save on TechCrunch Disrupt 2024 tickets
Only 5 days remain to grab a $200 discount on Student Passes for TechCrunch Disrupt 2024. This special offer ends on September 6 at 11:59 p.m. PT. Don’t miss out!…
a16z’s Joshua Lu says AI is already radically changing video games and Discord is the future
After joining the firm as an investor in 2022, Lu has seen how AI and new distribution platforms are changing the industry for the better.
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Palantir’s CTO, and 13th employee, has become a secret weapon for Valley defense tech startups
Palantir CTO Shyam Sankar is determined to help Palantir become a driving force for defense tech startups.
In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose…
OpenAI is in talks to raise a new round of funding at an eye-popping $100 billion-plus valuation, sources told The Wall Street Journal this week. It turns out investors have…
Stock-trading startup Public has acquired the brokerage accounts of Carta’s secondaries business, TechCrunch has confirmed.
Some stories emerge and die in a matter of days. Others require us to stay tuned for more, and this week brought us several of these.
On today’s episode of TechCrunch’s Equity podcast, Devin Coldewey kicked off our Deals of the Week rundown with Piramidal, a startup that offers a foundational model…
New Enterprise Associates (NEA) is getting back into the secondaries game. The Silicon Valley-based VC raised more than $468 million for NEA Secondary Opportunity Fund, according to an SEC filing.…
One-click checkout tech company Bolt is still waiting to find out if shareholders will sign off on a proposed funding round with stipulations that founder Ryan Breslow would return as CEO. In…
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Fluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds
Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders — CEO James Eberhard and chief legal counsel Jenifer Snyder — according to sources familiar with the matter. The shakeup, which employees have described as a hostile takeover, was led by…
Pryzm announced its $2 million pre-seed round, led by XYZ Venture Capital and Amplify.LA.
In Latin American countries like Brazil and Chile, messaging platform WhatsApp has become one of the most popular apps to use to buy things online. It was even the e-commerce…
The SEC has updated its limits to the amount of money a “qualified venture fund” can raise to $12 million from $10 million.
Many VC funds, especially recent vintages, have failed to return money to their investors. Swiss VC firm Redalpine is one exception, and this largely explains why its newly announced $200…
Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals
Limited partners selling their investment stakes in venture capital funds to other LPs on the secondary market is nothing new. But traditionally these transactions happen offline through an opaque network…
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The biggest trends young NYC investors are bullish about — and why
As twenty-something-year-old investors enter the venture landscape, they spot new trends that could become the next multibillion-dollar tech businesses.
Ben Freeberg was an associate at venture firm Alpha Partners when he suddenly passed out in the middle of the day. He sought medical help, and after running a few…
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The fallout after Bolt’s aggressive fundraising attempt has been wild
After fintech Bolt surprised the industry with a leaked term sheet that revealed it is trying to raise at a $14 billion valuation, things got weird.
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VCs are so eager for AI startups, they’re buying into each others’ SPVs at high prices
VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities…
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The top AI deals in Europe this year
Cumulatively, there have been more than 1,700 funding rounds for AI startups in Europe so far in 2024.
A crew of tech billionaires have been trying to get the California Forever project off the ground, which would create a new, supposedly utopian city…
VC Neil Mehta, who’s quietly nabbing prized SF property, plans a “Y Combinator for restaurants”
Neil Mehta, the VC behind the acquisition of a string of properties on San Francisco’s tony Fillmore Street, made waves earlier this week for reportedly throwing long-established local restaurants to…
