Kleiner prints gold with Desktop Metal, netting a roughly 10x return

Desktop Metal is one of the most interesting startups to come out of Boston in some time, with a technology designed to “print metal.” That's a potentially huge expansion for the 3D printing market, where flexible polymers are the norm, a material that limits the kinds of products that thes

DCM is poised to make roughly $1 billion off its $26 million bet on Bill.com

David Chao, the cofounder of the cross-border venture firm DCM, speaks English, Japanese, and Mandarin. But he also knows how to talk to founders. It’s worth a lot. Consider that DCM could see more than $1 billion from the $26.4 million it invested across 14 years in the cloud-based business-

Santander spins out its $400M fintech venture capital arm, now called Mouro Capital

Santander, the Spanish multinational banking giant, is announcing that its fintech venture arm is to be spun out and will be managed more autonomously going forward. Previously known as Santander InnoVentures and established in 2014, the VC is being re-branded to Mouro Capital. It will continue to

VC Josh Kopelman isn’t so sure about SPACs, but he thinks so-called rolling funds could prove powerful

Yesterday, we had a chance to catch up with Josh Kopelman, cofounder of the now 16-year-old early-stage venture firm First Round to talk about a wide variety of issues. As part of that conversation — which we’ll run in its entirety in podcast form later this week — we naturally as

Dawn Capital closes another $400M fund to focus on B2B software

Dawn Capital, the London-based VC that focuses on B2B software, has closed its fourth and largest fund: $400 million that it plans to use to continue investing in early-stage startups. Oversubscribed and closed (all remotely) within six months of launching in the midst of a global health pandemic,

DNX Ventures launches $315 million fund for US and Japanese B2B startups

DNX Ventures, an investment firm that focuses on early-stage B2B startups in Japan and the United States, announced today that it has closed a new $315 million fund. This is DNX's third flagship fund; along with supplementary annexed funds, this brings its total managed so far to $567 million.

Why established venture firms should court emerging managers

Typically, institutional investors favor managers who've spun out of an established firm over those who've broken into venture from outside. Spin-outs are seen as a lower-risk, safer bet. On the surface, that looks like a tried-and-true tack garnering much attention, appeal and capital. How

3one4 Capital launches $100M fund to back early-stage startups in India

3one4 Capital, a venture capital firm in India, today announced a $100 million fund as the young investment firm looks to back more early-stage startups in the world's second largest internet market. The new fund, third for the five-year-old Bangalore-headquartered investment firm, has already

Owl Ventures’ new pair of funds gives edtech a $585 million boost

Edtech just keeps on booming. Today, Owl Ventures, a San Francisco-based education technology fund whose portfolio includes Byju's, Labster, MasterClass and Quizlet, announced that it has closed a pair of investment vehicles totaling $585 million. Owl Ventures IV is a $415 milli

A must-see conversation on the state of VC, this year at Disrupt

On a surface level, the world of venture capital doesn’t look to change much year to year. But in truth, the industry is very much in flux, with many firms grappling with a lack of diversity, dealing with succession questions and confronting a growing pipeline of aging portfolio companies 

Steno raises $3.5 million led by First Round to become an extension of law offices

The global legal services industry was worth $849 billion in 2017 and is expected to become a trillion-dollar industry by the end of next year. Little wonder that Steno, an LA-based startup, wants a piece. Like most legal services outfits, what it offers are ways for law practices to run more smoot

Laura Deming, Frederik Groce, Amish Jani, Jessica Verrilli and Vanessa Larco are coming to Disrupt

At technewss Disrupt, our Startup Battlefield competition this year looks to be fiercer than ever, judging by the applicants. That’s actually saying something, considering the game-changing brands to emerge from our stage over the years, including Cloudflare, Dropbox, Vurb, Mint, GetAround,

Synthetic biology startups are giving investors an appetite

There’s a growing wave of commercial activity from companies that are creating products using new biological engineering technologies. Perhaps the most public (and tastiest) example of the promise biomanufacturing holds is Impossible Foods. The meat replacement company whose ground plants (an

Stride.VC loses partner Pia d'Iribarne

Stride.VC, the London early-stage VC firm founded by Fred Destin and podcaster Harry Stebbings, is losing Paris-based partner Pia d'Iribarne, technewss has learned. According to a regulatory filing, d'Iribarne’s partnership officially ended today, a little more than a year and a half