Venture

A Japanese fund focused on early-stage, Asian deep tech startups is doubling down on the opportunity, despite a wider slowdown investing in moonshots globally. Tokyo-based Beyond Next Ventures is targeting up to ¥25 billion (about $168 million) for BNV Fund 3, its third fund, and today, the ventur

UAE-based Zest Equity, a startup digitizing private market dealings, has raised $3.8 million in seed funding to build more tools for enabling fast and transparent transactions by ecosystem players while increasing their liquidity through secondary deals. The seed round was led by Middle East Ventur

Last night, California Governor Gavin Newsom signed into law Senate Bill 54, which will require venture capital firms in the state to annually report the diversity of the founders they are backing. This is the United States' first piece of legislation that aims to increase diversity within the

Founded by two tech veterans, ALIAVIA wants to close the funding gap for female founders. It invests in female-led startups, especially those that want to bridge the Australian and American markets. The venture firm announced today the close of its first fund, totaling $13.5 million AUD ($8.7 milli

Grand Ventures today announced its second fund to invest in early-stage companies. The Grand Rapids, Michigan firm tells technewss that it aims to lead seed-stage investments in startups solving problems facing the fintech, DevOps and supply chain sectors. The $50 million Fund II is managed by gen

Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority together investing $1.7 billion in the Indian firm, which is part of Mukesh Ambani’s Relia

Y Combinator continues to change shape under CEO Garry Tan, a founder-turned-investor and online influencer. While Tan and his colleagues have attracted media attention lately for quarrelsome social media posts that take on rivals and San Francisco city officials, Tan has more quietly been turning

Startups have traditionally used employee stock options to attract strong talent who could otherwise likely land a higher salary at a more-established company. But pitches that promise significant upside don’t always live up to their potential grandeur. As 2021’s lofty valuations have c

Clearco announced several recapitalization efforts Wednesday, including a $60 million Series D round and new asset-backed financing. The facility provides up to $100 million in financing capacity and will support $850 million of Clearco originations over the next two years. Toronto-based Clearco us

Greylock Partners unveiled two new endeavors Tuesday: A $1 billion early-stage fund — its 17th — and Greylock Edge, a program to support founders developing ideas into companies with early revenue and product market fit. In keeping with the venture capital firm's thesis, Greylock 17 will ta

As the summer winds down, American venture capital is enjoying a new spring. Though venture investment remains depressed compared to recent heights, green shoots are emerging quickly for those paying attention. Good deals are back. And from inside the world of venture capital, a pervasive, privatel

Paris-based VC firm HCVC just announced the final closing of its second fund, simply called “Fund II.” And the team has managed to raise $75 million (€69 million) so that it can back pre-seed and seed companies in Europe and North America. Originally focused on hardware startup investments, H

The Fearless Fund suit is heating up in Atlanta's 11th Circuit. A panel of three appellate judges on Saturday temporarily blocked Fearless Fund from awarding its $20,000 Fearless Strivers Grant to Black women entrepreneurs as the lawsuit filed against it makes its way through the courts.

Erin Harkless Moore was always interested in math. So she headed to Wall Street. “It was intoxicating in some ways and incredibly fast-paced,” she recalls. She apparently enjoyed that life, too, given that she worked there for about five years before becoming an investment advisor at Cambridge