Founded by Australia’s national science agency, Main Sequence launches $250M AUD deep tech fund

"attachment_2143548" aria-describedby="" style="width: 4020px">Main Sequence's team (top row from left to right) Virginia Crawter, Bill Bartee, Mike Nicholls, Phil Morle; (bottom row from left to right) Stella Xu, Mike Zimmerman and Jen Baxter. Image Credits: Main Sequence Main Sequence, the ven

Hawke Ventures raises $5.6M to back digital marketing startups

Hawke Ventures, the investment arm of marketing consultancy Hawke Media, is announcing that it has closed its first $5.6 million venture fund. Managing Partner Drew Leahy acknowledged that the firm’s focus on marketing technology isn’t exactly in high demand among other VCs right now.

At Basis Set Ventures, merging venture capital and software development yields a $165 million new fund

When Xuezhao Lan first formed Basis Set Ventures, the goal was to leverage technology to give venture capital investing super powers. From the earliest days, when Lan hired former technewss reporter John Mannes, and then built out the team with the data scientist Rachel Wong, former Upfront Ventur

Forget the piggy bank, Till Financial’s kids’ spend management app gets Gates’ backing

Today's children and teens want more power and control over their spending. And while there are a number of financial services and apps out there aimed at helping this demographic save and invest money (Greenlight being among the most popular and well-known), one startup is coming at the space

Hustle Fund backs Fintor, which wants to make it easier to invest in real estate

Farshad Yousefi and Masoud Jalali used to drive through Palo Alto neighborhoods and marvel at the outrageous home prices. But the drives sparked an idea. They were not in a financial position to purchase a home in those neighborhoods (to be clear, not many people are) either for investment or to li

Cusp Capital launches with a $361M fund for early-stage startups in Germany and Europe

In the past 10 years, an investment team led by Christian Winter, Jan Sessenhausen, Helmut Klawitter and Wilken Engelbracht worked principally with German family offices, investing in startups such as Klarna, Zalando and Delivery Hero that went on to be worth around €80 billion in total. Today th

These three investors think founders need some TLC (Collective funds)

Venture capital is a networks business — from networks of founders to the web of investors and angels and gossamer threads of potential customers, talent and service providers. The density of those networks determines success: Find just the right person to fit a role or a slot on a cap table, and

Business continuity planning is a necessity for your fund and portfolio

Just shy of a year ago, I sent an email to our global fund manager partners and to our direct portfolio CEOs titled “Only the decisive survive.” At that time, not many outside of China were concerned about COVID-19. However, I was obsessed. Hearing stories from fund manager friends with

Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is placing its bets now

Coinbase, the newly public cryptocurrency exchange, has had it share of ups and downs. Still, the nearly nine-year-old, San Francisco-based outfit got a lot right ahead of its highly successful direct listing this week, including, seemingly, inviting in former federal prosecutor Katie Haun to join

Extra Crunch roundup: UiPath’s IPO filing, predicting revenue, how to pivot properly, much more

This is not a boast, but a warning: I could write a how-to article on almost any topic. Give me enough time to do some research, and I can put together a reliable step-by-step for building a custom gaming PC, installing a hot water heater or interpreting public health data. But since I’ve nev

Billion-dollar B2B: Cloud-first enterprise tech behemoths have massive potential

More than half a decade ago, my Battery Ventures partner Neeraj Agrawal penned a widely read post offering advice for enterprise-software companies hoping to reach $100 million in annual recurring revenue. His playbook, dubbed “T2D3” — for “triple, triple, double, double, double,” referri

A quick peek inside Fontinalis, one of Detroit’s best-known young venture firms

Fontinalis, the 12-year-old, Detroit-based early stage venture firm, is known for being among the very first investing outfits to focus squarely on mobility as an overarching theme. It wasn’t a surprising mandate, given that the outfit’s cofounders include Bill Ford, the great grandson

Pale Blue Dot aims to be Europe’s premier early-stage climate investor and has $100 million to prove it

When Hampus Jakobsson, Heidi Lindvall and Joel Larsson, all well-known players in the European venture ecosystem, began talking about their new firm Pale Blue Dot, they began by looking at the problems with venture capital. For the three entrepreneurs and investors, whose resumes included co-foundi

Austin’s newest unicorn: The Zebra raises $150M after doubling revenue in 2020

The Zebra, an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. Both the round size and valuation are a substantial bump from the $38.5 million Series C that Austin-based The Zebra raised in February