Venture

After nearly a decade, industrials-focused VC Eclipse expanded out of Silicon Valley. The firm opened its second office in New York’s Soho neighborhood, with plans to invest more on the East Coast. Eclipse backs startups in sectors including manufacturing, supply chain, healthcare, and infra

Harry Stebbings (pictured above), the U.K. podcaster who broke into the world of tech with his 20-minute interviews of venture capitalists and founders, parlayed that fame into becoming a VC himself. Now, Stebbings has closed his third investment vehicle, and it’s his biggest yet: 20VC, the f

Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told technewss. The layoffs included one product leader and three engineers, Flint said. A

ElevenLabs, a startup that makes AI tools for audio applications, is being approached by existing and new investors about a new round, which could value the company as highly as $3 billion, technewss has learned.  The two-year-old company specializes in making AI tools to generate synthetic voic

Initialized Capital is restructuring its team to “meet the moment” in the venture market, according to a blog post from the firm’s managing partner Brett Gibson. The San Francisco-based venture capital firm, originally founded by Alexis Ohanian, Garry Tan, and Harjeet Taggar, ann

On Tuesday evening local time, Motier Ventures, an early stage tech investment firm based in Paris, unveiled a startup hub called La Maison. This relatively new investor in the French tech ecosystem is the family office of the Houzé family — the owners of upmarket fashion retailer the Galeries L

Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of a handful of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informe

The HVAC industry is going through a transformation. The old guard of tradespeople are on the cusp of retiring while private equity firms are consolidating the industry. Airship is building a software solution for HVAC’s next chapter. Airship is building a point-of-sale software for HVAC con

While online discourse would make it seem that venture has retreated to the Bay Area, with San Francisco being the most important place to build a startup, Index Ventures is looking to bulk up its New York-based investing team. The firm is currently looking to hire another New York-based investor

A billion dollars of venture capital will be invested into European defense technology in 2024, a first for the continent, and a five-fold increase since 2018. The investment comes as a result of both increasing geopolitical unrest and the brutal invasion of Ukraine by Russia.  The data, cont

Peak XV Partners, the largest India and Southeast Asia-focused venture fund, has realized about $1.2 billion in exits since its separation from Sequoia last year, two sources familiar with the matter told technewss.  The investor has sold stakes in nearly a dozen portfolio companies that went pu

Y Combinator CEO Garry Tan wants to bring the famed accelerator’s Demo Day presentations back as in-person events by the end of the year. During Tan’s opening remarks during Wednesday’s YC summer cohort Demo Day, he said this week’s Demo Day presentations will, “knock

Deena Shakir, an investor at Lux Capital, struggled to explain to her three young kids what exactly her job was. She first tried buying a Chia Pet, where kids plant chia seeds on a figurine “to show them how seeds can grow into something amazing.”  Shakir, who's invested in health tech co

Jim Adler, founder and general partner at Toyota Ventures, is concerned that climate technology gains could fall into the “valley of death” if companies fail to drum up enough demand to survive.  And he's not wrong to be worried.  Climate tech investments in the