20PRODUCT grabs $5M to put the best product experts in your cap table

20VC founder Harry Stebbings unveiled his third, and final, offshoot fund called 20PRODUCT that kicks off with $5 million in capital commitments. Similar to his earlier funds, 20SALES and 20GROWTH, 20PRODUCT brings together a group of experts that will invest in early-stage founders looking to star

Closinglock, now with $12M, wants to prevent the 1 in 10 real estate transactions targeted for fraud

Buying a home is a big step, as is handing over a large chunk of cash in order to do it. Depending on the title company, real estate transactions like this are done on paper with a check or through electronic wire transfer. While that is more convenient, one wrong number — or one spoof email —

Daedalus, which is building precision-manufacturing factories powered by AI, raises $21M

A fledgling startup founded by one of OpenAI’s first engineering hires is looking to “redefine manufacturing,” with AI-powered factories for creating bespoke precision parts. Daedalus, as the company is called, is based in the southwestern German city of Karlsruhe, where its solo

Varsity is a new early-stage VC fund based in Paris

It's not every day that a new VC firm comes out of stealth. This time, Varsity is announcing its first fund. Founded by a former Société Générale executive and two VC investors who worked at Serena Capital, Varsity has already raised €70 million ($75 million at today's exchange rate)

These VCs think the Vision Pro has a shot in the enterprise

The Vision Pro, Apple’s first mixed-reality headset, is undeniably impressive from a technical perspective. It reflects a carefully considered, thoughtful (albeit pricey) approach to AR/VR, while its operating system — visionOS — delivers genuine innovations in the areas of input

Why Latin American SaaS startups are different from their US peers

Hipster coffee shops in Budapest often look the same, as if they were in Portland, Oregon, or São Paulo, Brazil. That’s one of the effects of globalization: Some trends have become ubiquitous. But take a closer look, and you’ll soon realize that even things that look the same can actua

How VCs can assess and attract winners in a landscape that’s now crowded with AI startups

Felicis, the 16-year-old Bay Area-based early-stage venture firm, has a reputation for investing globally. Indeed, firm founder Aydin Senkut — who spent a handful of years at Google as a product manager in its earlier days — was born in Turkey and talks often of the hustle he sees in fo

Pitch Deck Teardown: PhageLab’s $11M Series A deck

As a species, we have a problem. Bacteria are becoming more and more resistant to antibiotics. Makes sense: Antibiotics kill off all the bacteria they can, but the remaining ones that somehow survive continue to grow and spread. Guess which gene they all have in common? That’s right, the one

Byju’s investors seek to remove edtech group’s founder

A group of large investors in Byju’s has called for an extraordinary general meeting (EGM) where they seek to change the leadership at Byju’s days after the edtech group launched a rights issue at $25 million pre-money valuation. The consortium of investors said it has called for the EG

Three San Francisco supervisors receive threats following YC President Garry Tan's tweet

Y Combinator President Garry Tan's online rant tweet may be deleted from X, however, the effects are lingering, especially for three San Francisco supervisors who have now received threats. Aaron Peskin, Myrna Melgar and Dean Preston received threatening letters to their homes this week, as fir

Ask Sophie: What are the USCIS H-1B lottery and filing fee updates?

Sophie Alcorn, attorney, author and founder of Alcorn Immigration Law in Silicon Valley, California, is an award-winning Certified Specialist Attorney in Immigration and Nationality Law by the State Bar Board of Legal Specialization. Sophie is passionate about transcending borders, expanding opport

Amid a fairly flat European market, Giant Ventures raises $250M to invest transatlantically

Giant Ventures, a U.K.-based VC that has made a habit of investing on both sides of the Atlantic, is launching two new funds, totaling $250 million. Its previous fund totaled $100 million. The firm invests across climate, health and what it calls “purpose-driven” startups and some used

SMOK VC’s second fund is another signal that Poland’s tech scene is hitting its stride

In 2007 I was running late for my speech at the Polish Stock Exchange, but the cool reception I received there suggested I should perhaps not have bothered. Speaking about the new wave of tech startups emerging from Silicon Valley and how Europe was next, I was met with a lot of puzzled blinking. T

Y Combinator President Garry Tan publishes a menacing tweet before deleting it, apologizing: ‘Die slow motherf*ckers’

Garry Tan, whose success in Silicon Valley has likely inspired many of the founders he mentors, is once again attracting attention for his posts on the social platform X. On Friday night, the Y Combinator president, investor and former entrepreneur published a post that might have prompted some to