Two large equity funds launched this week. What gives?

Two large equity funds came out of the gate this week. So, what gives? Earlier this year we covered how Liquidity Group, a growth-stage debt financier, raised $40 million and launched a $250 million debt fund for tech companies. Backers included Apollo (private equity, and Yahoo! owner) and MUFG (a

So what happened to Blue Apron?

News that Blue Apron is selling itself to Wonder Group — Marc Lore’s latest — for around $100 million marks the end of the former startup’s life as a public company. Blue Apron raised a $135 million Series D back in 2015 for its meal kit business before going public in mid-2017 with

KSOC says it’s tackling cloud-native security in a way that is Kubernetes-first

The take-up of Kubernetes, a tool for managing containerized workloads, is only expected to increase as demand for cloud-native architectures and containerization continues. In terms of security, this can mean a boon or a major blind spot for them, according to Kubernetes Security Operation Center

African VC firm Enza Capital launches founder partner program as it closes $58M across funds

Enza Capital, a venture capital firm that backs startups “organizing the offline online” and “digitizing key African industries,” has closed $58 million across two funds. In 2019, the company launched an early-stage fund to “find, back, and help build category-defining startups” in the

Industry Ventures has $1.7 billion more for secondary stakes and tech buyouts

Industry Ventures prides itself on trying to zig when others zag. When the outfit was first founded in San Francisco in 2000, the startup market was red hot, and its first product — a secondary fund — was a curiosity more than anything.  The idea of selling one’s shares to anothe

Mythos Ventures grabs $14M for inaugural fund to invest in AI

Mythos Ventures, an early-stage venture capital firm started by Vishal Maini, closed $14 million in capital commitments for its first fund that will invest in transformative AI companies. Metaplanet, Delphi Ventures and The Operating Group are backers alongside a group of individual investors, incl

Gringo's super app for Brazilian drivers adds insurance, financing with $30M Series C

Brazil has over 75 million drivers, and Gringo wants to be the super app support for all of their automotive and insurance needs. The app enables drivers to manage their car’s documentation and services in one place, including the payment of fines, taxes and licensing, contracting insurance a

GIC in talks to lead $40 million funding in India’s Vegrow

GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating leading a $40 million Series C funding round in Vegrow, the sources said. The talks, which have not

What’s the best way to run a startup in a world full of advice?

There exist a myriad of answers to the question,  “How do you found your first startup?” But which of those answers apply to you and your situation? Whose advice do you follow when the world’s full of people ready with suggestions? Well, there’s no easy answer to those ques

The current labor market is a gold mine of talent for startups

For any company, great talent is key for hitting goals and building scale successfully, but hiring the best people is by no means done cheaply or quickly. Startups have it doubly hard, though: In addition to finding great talent, they have to convince them to accept lower compensation — and somet

7 global investors discuss African tech post-Kauffman Fellows' first summit on the continent

In 2020, Kauffman Fellows (KF), a prominent venture education program renowned for its extensive and well-established network of VCs, made a concerted effort to enhance the diversity within its board. The program, a well-established resource for startup founders and the venture capital sector, expr

JOKR now valued at $800M after bagging about $50M in Series D funding

Online grocery delivery company JOKR is out to show that it can continue to be a leader in the industry. Despite the sector's ups and downs over the past few years, the company, which does business in Brazil as DAKI, found its niche and is thriving in what seems to be a resilient Latin American

Why Shaquille O’Neal led edtech startup Edsoma’s $2.5M seed round

Edsoma, a startup that developed an AI-powered reading, education and communication platform for children, raised $2.5 million in a seed round led by Shaquille O’Neal. The trick? Founder and CEO Kyle Wallgren didn’t ask the NBA superstar and philanthropist for money. “He didn̵

How Reed Jobs’ venture firm tackles cancer

Reed Jobs' new venture firm can change the lives of the estimated 18.1 million diagnosed cancer patients worldwide. Yosemite, Jobs' fund for cancer-fighting biotech, launched in August with $200 million in funding from investors like MIT, Memorial Sloan Kettering Cancer Center and John Doer