Pillar VC closes $192M for two funds targeting SaaS, crypto, biotech, manufacturing

As its name suggests, venture firm Pillar VC is focused on building “pillar” companies in Boston and across the Northeast. The Boston-based seed-stage firm closed a raise of $192 million of capital that was split into two funds, $169 million for Pillar III and $23 million for Pillar Sel

Speedinvest launches second $70.8M fund aimed at specialist marketplaces and consumer startups

Pan-European early-stage VC Speedinvest has reached the final close for its second fund aimed at specialist marketplaces and consumer startups. Aside from institutional LPs, the €60 million / $70.8 million fund was also backed by marketplace founders and executives including those from Ankorstore

The Station: Aurora SPACs, a spin on the VanMoof X3 and a chat with Outdoorsy founders

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to

In an increasingly hot biotech market, protecting IP is key

After a record year for biotech investment in 2020 — during which the industry saw $28.5 billion invested across 1,073 deals — the market for new innovations remains strong. What’s more, these innovations are increasingly coming to market by way of early-stage startups and/or their scient

Extra Crunch roundup: Think like a VC, CockroachDB EC-1, handle your stock options

Ants and camels are famously resilient, but when it was time to select a name for a startup that offers open-source, cloud-based distributed database architecture, you can imagine why “Cockroach Labs” was the final candidate. Database technology is fundamental infrastructure, which part

Abodu raises $20M to build prefabricated backyard homes

The need for more affordable housing has never been more urgent as a shortage in the U.S. housing market persists. Startups attempting to help address the shortage in a variety of ways abound. One such startup, Abodu, has raised $20 mlion in a Series A funding round led by Norwest Venture Partners.

Mighty Buildings lands $22M to create ‘sustainable and affordable’ 3D-printed homes

Oakland-based Mighty Buildings, which is on a quest to build homes using 3D printing, robotics and automation, has raised a $22 million extension to its Series B round of funding. The additional capital builds upon a $40 million raise the company announced earlier this year, bringing its total fund

Micromobility operator Veo raises $16M to fund US expansion

Shared micromobility operator Veo has raised $16 million in new funding as the company ramps up its expansion plans in the United States. The Series A funding round, which follows permit awards in Santa Monica, San Diego and New York, will be used to expand Veo’s fleet and focus on developing

Eka Ventures closes $95M Impact VC fund for sustainable consumption, healthcare and society

It's clear there is an enormous and growing appetite amongst consumers to switch to products and services which address some of the biggest issues of our era, whether it be climate change or problems with society. As such, we've seen the rise of ethical investing apps, or ways to reduce our

Nasir Qadree just announced one of the largest debut funds for a solo VC

Nasir Qadree entered the world of venture capital six years ago, beginning with a role at Village Capital in Washington, then as an associate director of social investments at AT&T. Qadree encountered even more opportunities to join established venture firms recently. In fact, he says that afte

Beyond ‘Netflix Party’: Startups and their VCs bet we’ll browse more of the web together

Last year, during the pandemic, a free browser extension called Netflix Party gained traction because it enabled people trapped in their homes to connect with far-flung friends and family by watching the same Netflix TV shows and movies simultaneously. It also enabled them to dish about the action

The Artemis Fund focuses on women founders in underserved communities

The Artemis Fund is a Houston-based firm built by three women with the goal of encouraging more women-led startups. The company launched in 2019 and has raised a $15 million initial fund, which closed earlier this year. Diana Murakhovskaya, who launched the firm with Stephanie Campbell and Leslie G

H Venture Partners closes $10M debut fund targeting science-based brands

H Venture Partners brought together more than 75 consumer and retail industry experts to invest in its first fund, raising $10 million aimed at consumer brand startups backed by science. Founder and Managing Partner Elizabeth Edwards (pictured above) formed the Cincinnati-based venture capital firm

Pakistan’s growing tech ecosystem is finally taking off

Pakistan, the world's fifth most populous country, has been slow to adapt to the internet economy. Unlike other emerging economies such as China, India and Indonesia, which have embraced digitization and technology, Pakistan has trailed the region in the adoption of technology and startup forma