Venture

The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC funding for startups, particularly those outside the U.S. According to VC firm Atomico, companies in

Over the eight years I’ve spent in VC, I’ve witnessed the consistently challenging vocabulary the industry creates. Venture capital is an industry full of big words, from technical acronyms to lofty descriptions. This often means we need to make more sense to founders, and that’s

On a weekday afternoon at Red Rock Coffee, the café known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. With China reopening its borders this spring following three years of COVID-19 restrictions, managers of U.S. funds in the countr

Berkshire Hathaway exited Paytm-parent firm One97 Communications Friday at a loss of about 40% on the high-profile investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation

"1700683479.462719" tabindex="0" role="listitem" aria-setsize="-1" data-qa="virtual-list-item" data-item-key="1700683479.462719"> This is part of a survey of investors focused on Australia and New Zealand. The following responses are from the New Zealand investors. You can find the Austral

Audio entertainment startup Pocket FM has topped $160 million in annualized revenue runrate and is inching closer to raising over $80 million in a new funding round, three sources familiar with the matter told technewss. Lightspeed, an existing investor in Pocket FM, is in late stages of talks to

Tiger Global Management is going through a major management change. Per a message that founder Chase Coleman sent this afternoon to investors of the 22-year-old venture- and hedge-fund outfit and obtained by technewss, Coleman is taking over both the outfit’s public company investing and pri

Pre-seed and seed companies have a new bucket of capital to go after today. Twelve Below, a New York-based venture capital firm, closed on $108 million in capital commitments. Taylor Greene and Byron Ling started Twelve Below in 2021 after previous careers at Collaborative Fund and Lerer Hippeau fo

The shift from a zero interest rate policy environment, ZIRP in the common tongue, is providing a notable boost to a number of fintech companies. Fintech entities that once made the vast majority of their revenues from trading-related fees are seeing interest-driven incomes skyrocket this year. As

At some point, every scaling business faces the decision: Do we stick to our core activity or venture into uncharted territory? It’s a choice between enhancing existing products and branching out to create something entirely new. For tech giants willing to expand into uncharted territory, the

This year will be remembered for a lot of things. Among them could be the growing number of stars in the startup world who were later convicted for defrauding investors.  Roughly six months after Theranos founder Elizabeth Holmes headed to jail for four counts of wire fraud, and just two weeks aft

In 2016, Niklas Adalberth, co-founder of Klarna, exited the buy now, pay later giant to establish the Norrsken Foundation, a nonprofit organization grounded in the principles of effective altruism. While at Klarna, Adalberth immersed himself in the intricacies of credit ratings, offerings, and paym

On Tuesday, Female Founders Fund (FFF) filed with the SEC to start raising $75 million for its fourth fund, technewss+ exclusively reports. That amount is the biggest yet from FFF: Fund I was $6 million, and Fund II was $25 million. In 2021, it closed an oversubscribed $57 million

Breaking into the U.S. market is a huge milestone for any ambitious upstart whether they're an artist or an entrepreneur. After working in the music industry and starting Universal's venture arm before doubling down on tech by starting my own fund, I've seen what it takes to break Ameri