Venture

Ibotta confidently submitted an S-1 filing with the SEC on March 22 with the intent to list its shares on the New York Stock Exchange. The 13-year-old cash-back startup looks to make its public debut after turning profitable and recording impressive revenue growth in 2023. The company reported $320

A 3D hologram, dubbed the Ever-Changing Statue, will be on display at the Rise by Barclays workspace in New York until April 4. Sipping wine and nibbling burrata, a group of government officials, reporters and founders gathered at its unveiling, watching as the hologram flickered a display that alt

New Summit Investments is raising a new $100 million impact fund, according to documents filed with the SEC. The hefty new fund, should it be raised, will let it continue investing in managers backing startups and other companies focused on environmental and social problems. This is the firm's

U.K.-based limited partners Venrex and Samos Investments are this week backing the launch of a new VC primarily aimed at investing in startups led by Ukrainians inside and outside the war-torn country. The LPs are better known for being early institutional investors in the successful early stage

Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling on the top-end of that interval. Prices ar

Startups in Europe, faced with an ongoing economic slowdown in the region, continue to struggle on the fundraising front. Meanwhile, European VCs that are hedging their bets by growing their focus on startups that either have a global/U.S. play in mind — or are in the U.S. already — are

Silence wants to shake things up when it comes to climate tech investment. This new angel-style VC firm has already raised $35 million and plans to make dozens of small investments in climate startups to help them apply the tech startup playbook. The Silence team is led by Borja Moreno de los Rios,

Sameer Brij Verma, a high-profile investor at the venture firm Nexus, will be leaving the fund later this year, he confirmed to technewss, in a move that has sent shock waves through the Indian VC industry. Verma plans to launch his own venture firm in India, with the inaugural fund expected to ha

While some investors are loudly bemoaning that the IPO window can’t stay shut forever, other VCs themselves are actually part of the problem. A lot of standard VC deal terms give investors the ability to block an IPO or acquisition if they didn’t think the timing or price was right, Eri

Welcome to technewss Fintech (formerly The Interchange)! I'm filling in for Mary Ann, who is on a much deserved break. This week, we look at Griffin Bank getting its license ahead of some heavy hitters, and we go inside Stripe's annual letter, some funding rounds, and more! The big story A

Deep tech is on the rise in Europe, fueled in part by the match between AI and a local flavor of math excellence. But it’s also benefiting from a growing community, public support and increasing amounts of funding. Elaia‘s third deep tech seed fund, DTS3, is an example: “It is dou

Death, as the famous saying goes, is one of the inevitable certainties of life. But that doesn’t make coping with it any easier — not least because while loved ones are grieving, they must also handle a dizzying number of practical tasks, from organizing funerals through to settling fin

Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, according to an internal memo and a source familiar with the matter. The venture firm seeks to become a significant LP in the firm’s future vehicles and to explore investment in differ

U.K.-based Ada Ventures is an unusual VC. Instead of just talking about SaaS or AI, it hunts down founders addressing inclusivity and diversity. Instead of confusing LPs with this methodology, it's attracted them, thus hitting the $80 million mark for the final close of its second fund (it reac