Harry Stebbings turns up the volume on 20VC with new $140M fund

Harry Stebbings, the well-known podcaster behind “20 minute VC,” announced today that he raised a duo of funds for 20VC, the venture capital fund he launched off of his show's success. The pair of funds — one for early stage and one for growth stage — total $140 million

HBCUvc’s new million-dollar fund wants to give overlooked investors a track record

HBCUvc, a nonprofit organization that wants to diversify the world of venture by rooting itself in historically Black colleges and universities, nearly shut down last year. Founder Hadiyah Mujhid met with her team, an entirely Black and Latinx staff, and warned them that they only had two months le

How to identify unicorn founders when they’re still early-stage

As an early-stage VC, you spend time with hundreds of fantastic startups, trying to identify potential winners by thinking about market size, business model and competition. Nevertheless, deep down you know that in the long run, it all comes down to the team and the founder(s). When we look at the

SOSV, the global venture firm, just closed a $100 million fund to back its maturing startups

Sean O'Sullivan, the founder of the global venture outfit SOSV, has slowly but steadily built up a sizable operation over the years. SOSV started off as a family office, investing the capital of O'Sullivan after he co-founded two companies, including MapInfo, an outfit that went public in 1

The air taxi market prepares to take flight

Twelve years ago, Joby Aviation consisted of a team of seven engineers working out of founder JoeBen Bevirt’s ranch in the Santa Cruz mountains. Today, the startup has swelled to 800 people and a $6.6 billion valuation, ranking itself as the highest-valued electric vertical take-off and landi

Michael Brown, the new chair of the powerful lobbying group NVCA, shares his agenda

Michael Brown, a longtime general partner with Battery Ventures, was just elected to the role of chairman of the National Venture Capital Association three years after joining its board of directors. Earlier this week, we caught up with Brown to ask about his new, year-long role with the 48-year-ol

Fuel Ventures launches its new $63.6M early-stage VC fund, aiming for 60 startups inside 12 months

You may have heard of payments startup Paddle, which has raised $93.3 million. Or perhaps Heroes, which raised $65 million to become the “Thrasio of Europe.” But you might not have heard so much about a backer of these startups: Fuel Ventures. At least not yet. That’s about to change,

Balderton launches $680M 'early growth' fund to lure startups looking for a different kind of capital

Investors placing capital in earlier and earlier tech deals has been a historical trend for the last few years, but this strategy was generally reserved for the traditional, “high-growth” VC arena. VCs needed to snag earlier ad earlier deals, otherwise they would be diluted at a later s

Extra Crunch roundup: Security data lakes, China vs. Starlink, ExtraHop’s $900M exit

News broke this morning that Bain Capital Private Equity and Crosspoint Capital Partners are purchasing Seattle-based network security startup ExtraHop. Part of the Network Detection and Response (NDR) market, ExtraHop’s security solutions are for companies that manage assets in the cloud and

Trucks VC launches two new funds for early and late-stage transportation startups

Trucks Venture Capital, a fund that focuses on early-stage entrepreneurs in transportation, is launching two new funds that it says will help build the future of transportation. Its new core fund, Trucks Venture Fund 2 (TVF2), was raised over the last year and recently closed on $52,525,252. The fu

Version One launches $70M Fund IV and $30M Opportunities Fund II

Early-stage investor Version One, which consists of partners Boris Wertz and Angela Tran, has raised its fourth fund, as well as a second opportunity fund specifically dedicated to making follow-on investments. Fund IV pools $70 million from LPs to invest, and Opportunities Fund II is $30 million,

Tiger Global leads $30M investment into Briq, a fintech for the construction industry

Briq, which has developed a fintech platform used by the construction industry, has raised $30 million in a Series B funding round led by Tiger Global Management. The financing is among the largest Series B fundraises by a construction software startup, according to the company, and brings Briq'

Lux Capital has raised $1.5 billion more to invest in — and create — new startups

The fundraising continues apace in the go-go world of venture capital. Today, it’s Lux Capital — known for its frontier investing — that has closed a $675 million early-stage venture fund and an $800 million growth-stage fund from its existing LPs, including many of the foundation

Middle East and Africa will reap benefits from Nuwa Capital’s newest fund

Nuwa Capital, a venture capital firm based in Dubai and Riyadh, announced the first close of its $100 million NVFI fund in February. The close was three-quarters of the target and was done in less than a year following the firm’s launch in February 2020. According to the firm, the second clos