Taking the long view on crypto

“It's the single best time to invest in [crypto] companies,” according to 10T Holdings and 1RoundTable Partners' CEO, Dan Tapiero. Crypto reporter Jacquelyn Melinek has the inside scoop on why his firm is taking the long view to ride out the volatility of the web3 landscape as it raises

Kost Capital raising inaugural fund to invest in European food tech startups

Kost Capital, a new Danish venture capital fund, is out to bring better food to more people. Kost means “diet” in the Scandinavian language, but it will most likely be difficult to stick to one while working there. That’s because Kost Capital shares space with Kost Studio, a food developm

Chunk Foods secures funding, Latin America deal for plant-based whole cuts

Chunk Foods, a company making plant-based whole cuts of alternative protein, closed on another $7.5 million in seed extension funding amid a new strategic partnership with one of Latin America's largest meat and dairy producers. The partnership with meat and dairy producer Sigma Alimentos bring

Innovation Endeavors closes $630M for Fund V to invest at intersection of science, tech

Innovation Endeavors joins other venture capital firms like Thomvest Ventures and Myriad Venture Partners in announcing a new fund. This is the firm's fifth fund and a whopping $630 million in capital commitments — the firm's largest fund to date. Eric Schmidt, the former Google CEO, star

Join StrictlyVC in Los Angeles the night of February 29

Our StrictlyVC event is coming to Los Angeles! Our ultimate insider salon — think classic cocktail party with killer content — takes place on February 29. You'll hear incredible interviews with, and get insider insights from top movers and shakers from Silicon Valley and beyond. Discover em

How African startups raised funding in 2023

After defying the global funding slowdown of 2022, VC investments in African startups dropped considerably last year, mirroring the situation in other regions where capital taps were significantly turned off. The drop, however, was not unexpected as months preceding the year, deals had become infre

AC Ventures closes its new $210M Indonesia-focused fund

In the middle of a long funding winter, AC Ventures' latest news will give Southeast Asian startups hope. The Jakarta, Indonesia–based venture firm announced today it has raised $210 million, finishing the final close on its fifth fund, called ACV Fund V. Limited partners include the World

The unicorns among us

Ten years ago, Cowboy Ventures founder Aileen Lee coined the term “unicorn” to describe startups that reached $1 billion valuation. At the time, there were only 39 startups on the list, but cut to today, where more than 500 companies now live on the list. Full technewss+ articles are only ava

Private equity could be the last resort for startups struggling to exit

After watching Lucy pull the football from Charlie Brown's foot at the last possible moment time and time again, we have learned our lesson and are therefore hesitant to believe that 2024 will be the year of the IPO market’s return. It may or may not happen, but we're not betting on i

General Catalyst eyes VC deal in India push

General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused VC as part of efforts to expand its presence in the fast-growing South Asian startup market, three sources familiar with the matter told technewss. The deal would allow General Catalyst to tap

Consumer tech is bound for a comeback among unicorns, but maybe not just yet

Ten years after Cowboy Ventures' founder Aileen Lee gave unicorns their nickname, she and her team are back with fresh analysis on private companies worth more than $1 billion. So much has changed in unicorn land since 2013 that it deserves the kind of thorough recap that you can read here. But

Funding to Black founders was down in 2023 for the third year in a row

Black founders in the U.S. raised 0.48% of all venture dollars allocated last year. That's around $661 million out of $136 billion, according to the latest Crunchbase data. That number is the lowest it's been in recent history. The past two years saw Black founders raising at least 1%. Last

Thomvest Ventures closes $250M fund to invest across fintech, cybersecurity, AI

Thomvest Ventures is popping into 2024 with a new $250 million fund and the promotion of Umesh Padval and Nima Wedlake to the role of managing directors. The Bay Area venture capital firm was started about 25 years ago by Peter Thomson, whose family is the majority owners of Thomson Reuters.

How to mobilize generalist VCs for a moonshot idea

Moonshot startups, those daring ideas that promise to reshape our world, are inherently about venturing into uncharted territory, giving us new superpowers and creating new markets. They’re high stakes, high reward, and, more often than not, deeply technical. As someone who navigates these wa