Venture

Apart from sparking widespread protests and renewing conversation around inequalities in the United States, George Floyd's murder in the spring of 2020 also spurred a slew of promises from Corporate America that they'd do something to address the inequities in the system. But how much has a

There’s a common narrative that repeats itself in the tech industry. A burgeoning startup emerges with a groundbreaking concept, successfully attracts incredible VC funding, and skyrockets to unicorn status. The company then fails to deliver sustainable profit and falls from glory in a few sh

As valuations come down, now more than ever, founders “need to prove their company is built to last with long-term profitability and scalability in mind,” writes Russ Heddleston, CEO of DocSend at Dropbox. Full technewss+ articles are only available to members. Use discount code TCPLUSROUNDUP

A failed acquisition often spells doom for the target company. But despite its $20 billion takeover by Adobe not going through, there are reasons to think that Figma will be just fine. That the online design company will get a $1 billion termination fee from Adobe will help soften the blow. But it

There is no question that 2023 was a tough year for the venture and tech ecosystem. Carta revealed a dramatic decline in funding rounds and total investment, showing the total number of rounds in Q1 2023 dropping 64% and the total dollars invested dropping 86% from the peak in Q4 2021. Forum Ventur

The past couple of years have proved to be a turbulent time for the crypto industry. As if a spate of big crypto institutions failing or going under wasn't enough, the industry saw many tourist investors running for the gates as the wider macroeconomic climate worsened. But a recent spike of in

Founding a company during economic uncertainty and excelling takes more than just a hungry founder with a good idea. It requires a solid foundation to withstand the market. Companies founded today must focus on becoming profitable while growing, which is only sometimes a priority for companies rece

Israeli investment platform OurCrowd today announced that it now has $13 mlion in capital commitments for its $50 mlion Israel Resience Fund, a fund the organization launched shortly after the Israel-Hamas war began to support startups that were impacted by the war or were developing solutions to I

Al Mada Holding Group is one of Africa's largest private investment funds. The Casablanca-headquartered private holding operates in different fields, such as banking, telecommunications, renewable energy and the food industry.  Over the years, Al Mada's approach has centered on acquiring m

Startup valuations — especially at the later stages — have come down drastically over the last year and a half of the ongoing market correction. Companies that once boasted sky-high valuations like Klarna and Getir have seen their valuations slashed in their latest funding rounds. Outside of K

Even though the economy is signaling a bit of a bounce-back, 2024 might not be much better than 2023 when it comes to startups sharing a piece of the budget pie. Full technewss+ articles are only available to members. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription

SoftBank is selling its Open Opportunity Fund to its chairman and managing partner, Paul Judge, and Marcelo Claure, who is being appointed the fund's vice chairman and general partner. Judge and Claure will fully own the firm's $100 million Open Opportunity Fund 1, the $150 million Fund 2,

Emerging fund managers have had a tough time these past few years, and there is no telling when it will get better. Still, some were able to brace the market's winter. One of those was Gale Wilkinson, a managing partner at the early-stage fund Vitalize. Her firm just closed a $23.4 million Fund

Welcome to the technewss Exchange, a weekly startups-and-markets newsletter. It's inspired by the daily technewss+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Journalists and readers love scoops. But sometimes it’s important to state the obvious.