Toyota Ventures' Jim Adler says climate tech startups need to secure future buyers
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
Era Ventures raises $88M first fund for transforming the ‘built’ environment
The real estate market and many real estate-focused startups were hit hard when mortgage rates skyrocketed in 2022, but that didn't stop industry veteran Clelia Warburg Peters from leaving her role as a venture partner at Bain Capital Ventures to launch her own proptech venture firm.
Peters, u
Salesforce Ventures ups its AI fund to $1B, doubling it again
As part of Salesforce's massive tech conference, Dreamforce, taking place this week in San Francisco, its VC arm, Salesforce Ventures just announced a new $500 million fund dedicated to AI companies. This is significant for several reasons. First, in June 2023, Salesforce Ventures doubled its A
Keith Rabois says Miami is still a great place for startups, even as a16z leaves
Keith Rabois, managing director of Khosla Ventures, was having dinner with a “very successful CEO” in October 2018 when the CEO asked him a question: How many people does it take to create a whole new Silicon Valley? Is it 10,000? 100,000?
Rabois didn't know, but he decided to accept the c
Fearless Fund is shutting down its contested Strivers Grant program
Venture capital firm Fearless Fund and the American Alliance for Equal Rights (AAER) have entered into a settlement agreement that will see the firm shutting down its Strivers Grant program.
The program, initially sponsored by Mastercard, aimed to provide $20,000 to small businesses owned by Black
Neurode wants to treat and track ADHD symptoms through a wearable headband
Attention deficit hyperactivity disorder (ADHD) affects more than 366 million adults globally, according to a 2020 study, but beyond medicating with stimulants like Adderall and Ritalin, there are few alternatives for people who suffer from the disorder. Therapy, education, and lifestyle changes ar
Qualifyze swallows $54M to improve pharmaceutical supply chains
In the world of pharmaceuticals, companies aim to operate under GMP guidelines — a set of production and manufacturing measures to assure standards for medicinal products. But too often, the reality is anything but that.
“Officially, GMP stands for 'Good Manufacturing Practices,'
European VC Atomico closes $1.24B across two funds for early- and growth-stage startups
As European startups continue to look for signs of sustained market confidence beyond the hype around AI companies, Atomico — one of the region’s more iconic, largest venture capital firms — has raised more money to make investments that might indicate how the market is really mov
Slauson & Co. raises $100M Fund II proving appetite for inclusion persists
VC firm Slauson & Co. has closed a $100 million Fund II, a big step up from its initial $75 million fund.
“We invest in everybody,” Ajay Relan, partner at Slauson & Co., told technewss, adding that the firm wants to make sure all perspectives are included in its products and ser
a16z's Joshua Lu says AI is already radically changing video games and Discord is the future
Andreessen Horowitz's partner Joshua Lu knows that, in the video game industry, you can never get too comfortable. When he was head of product at Zynga, he experienced the height of mobile games, working on hits like Words with Friends; then as a vice president at Blizzard Entertainment, he hel
Palantir's CTO, and 13th employee, has become a secret weapon for Valley defense tech startups
On August 5, Palantir's CTO Shyam Sankar stood in front of about 20 nervous new employees at the company's Washington, D.C., office and gave a speech you'd expect at a new hire meeting: company mission, Palantir's history, etc. But there was one part that would've seemed unfatho
NEA quietly reenters the secondaries market
New Enterprise Associates (NEA) is getting back into the secondaries game.
The Silicon Valley-based VC raised more than $468 million for NEA Secondary Opportunity Fund, according to an SEC filing. The fundraise closed on July 3, according to a source familiar with the matter, but hasn’
Science-heavy Swiss VC firm Redalpine raises fresh $200M fund for early-stage investments
Many VC funds, especially recent vintages, have failed to return money to their investors. Swiss VC firm Redalpine is one exception, and this largely explains why its newly announced $200 million seventh early-stage fund was oversubscribed, according to the firm.
Redalpine Capital VII, or RAC VII,
Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals
Limited partners selling their investment stakes in venture capital funds to other LPs on the secondary market is nothing new. But traditionally these transactions happen offline through an opaque network of brokers that could charge costly fees and prove prohibitive for certain LPs to participate.