As the SPAC frenzy continues, questions arise about how much the market can absorb

Another week and the biggest story in a sea of big stories continues to center on SPACs, these special purpose acquisition companies that raise capital through IPOs expressly to acquire a privately held company and take it public. But some industry watchers as starting to wonder: Is the party just

Emerging as an Eastern powerhouse, Earlybird Digital East Fund launches new $242M fund

Earlybird Digital East Fund — a fund associated with Germany's Earlybird VC, but operating separately — has launched a €200 million ($242 million) successor fund. The fund's focus will remain the same as before: a seed and Series-A fund focusing on what's known as “Emerging

SeedFi closes on $65M to help financially struggling Americans get ahead

Millions of Americans live paycheck to paycheck, and struggle to get out of a debt cycle. One startup is developing financial products targeted toward this segment of the population, with the goal of helping them build credit, save money, access funds and plan for the future. That s

Investors are missing out on Black founders

I'm a Black man in America — that's hard. Black founders, and uniquely Black founders in tech, are facing insurmountable odds. As the recipients of less than 1% of venture capital raise, institutionalized systems are visibly at play. Within almost 10 years of my entrepreneurial journe

New European early-stage VC Revent launches with an impact focus, and sights set on a $60M first close

Revent — a new European early-stage (pre-seed to series A) venture capital fund with an “impact” focus — is coming out of the gate today, and is poised to reach its target of a €50 million ($60 million) fund, with the first close of that already completed. Focusing on environmenta

With Ironspring Ventures, Texas gets a $61 million new fund focused on ‘industrial’ technologies

From the chemical refineries that line the Gulf Coast to the oilfields of West Texas, heavy industry has always been a big part of the economy in the Lone Star State. Now, as venture capital moves in to the state as part of an exodus from California, a new fund is combining Texas’ industrial

From dorm rooms to board rooms: How universities are promoting entrepreneurship

Earlier this year, 15 top U.S. universities joined forces to launch a one-stop shop where corporations and startups can discover and license patents. Working in concert, Brown, Caltech, Columbia, Cornell, Harvard, the University of Illinois, Michigan, Northwestern, Penn, Princeton, SUNY Binghamton,

Tony Florence, the head of NEA’s tech practice, on building breakthrough brands

Tony Florence isn’t as well known to the public as other top investors like Bill Gurley or Marc Andreessen, but he’s someone who founders with SaaS and especially marketplace e-commerce companies know — or should. He’s responsible for the global tech investing activities for

European VC funds are building community around ESG initiatives

In general, ESG stands for “environment-social-governance” and comprises a set of principles that touches on issues from diversity and board structures to labor relations, supply chain, data ethics, environmental impact and legal requirements. Unlike impact investing, which is squarely

Goldman Sachs and Sesame Workshop pour money into this edtech firm’s newest fund

Shauntel Garvey and Jennifer Carolan liked edtech before the sector was cool, so the duo co-founded Reach Capital in 2015 with a $53 million debut fund. The San Francisco-based venture firm has since put checks into education startups including Newsela, Sketchy, ClassDojo and Outschool, landing six

Big data VC OpenOcean hits $111.5M for third fund, appoints Ekaterina Almasque to GP

OpenOcean, a European VC which has tended to specialise in big data-oriented startups and deep tech, has reach the €92 million ($111.5 million) mark for its third main venture fund, and is aiming for a final close of €130 million by mid-way this year. LPs in the new fund include the European In

PSA: Most aggregate VC trend data is garbage

“Seed rounds are up!” “Seed rounds are higher valued than ever!” “There were 10% less VCs investing in seed rounds last year!” !!!!!!!!! We've all seen these stories, and we're fine connoisseurs of them here at technewss, for sure. Trend data about VC investing are always entic

Seed firm Eniac Ventures raises $125M for its fifth fund

Eniac Ventures, a seed firm with a focus on New York startups, is announcing its fifth fund totaling $125 million. Eniac’s four general partners — Hadley Harris, Nihal Mehta, Vic Singh and Tim Young — have been making investments together for more than a decade, and they’ve known e

Finch Capital launches third fund to invest in European fintech at Series A and B

Finch Capital, the early-stage fintech VC with a presence in London and Amsterdam, has raised a third fund. Targeting a final close of €150 million, the fund has already secured €85 million from LPs ready to deploy. Out of Finch Capital “Europe III,” the VC will invest in fintech startups a