Venture

If the crypto investment craze of 2021 could be defined with one investor name, that would be Andreessen Horowitz — or a16z for short. The well-known VC firm has raised over $7.6 billion for its crypto funds. And yet, crypto isn't doing so well this year. As technewss's Jacquelyn Meline

It’s technewss Disrupt time, folks! If you’re attending, come over and say hi! If you’re not, don’t worry, because we’ll soon have a bunch of really good write-ups of some of the panels happening this week. And just in case you’re wondering what’s happenin

European Union (EU) lawmakers this month announced plans to reduce waste and increase recycling across the bloc, with proposals to collect and process 45% of 16 identified “strategic” raw materials by 2030. These include metals such as copper, which is used in everything from computers

Bob van Dijk, the chief executive of Dutch e-commerce investor Prosus and its controlling shareholder Naspers, has resigned from the top role, including the boards, with immediate effect. Ervin Tu, Prosus’ group chief investment officer, has been elevated as interim chief executive for the co

After a couple years of dabbling in angel investments, crypto advisory firm Reverie is now bringing a bigger checkbook to bear. The firm is launching a flagship $20 million fund to invest in pre-seed and seed-stage crypto companies, its co-founder Larry Sukernik exclusively told technewss. The fun

Europe has far too few VCs created by former founders, or “operators” as the industry often likes to call them. Yes, Atomico has Niklas Zennström. Firstminute Capital has Brent Hoberman. More recently Plural was created by Taavet Hinrikus (ex-Wise), Sten Tamkivi (ex-Teleport) and Ian Hogarth (

Sapphire Partners, the LP arm of enterprise software-focused VC Sapphire Ventures, announced this morning that moving forward, it will be managing five funds with $1.4 billion in assets that are focused on emerging managers on behalf of the giant California State Teachers' Retirement System (Ca

Lyten, a startup that aims to crank out lightweight, lithium-sulfur batteries for electric vehicles, announced a $200 million round on Tuesday. The big Series B raise was led by Prime Movers Labs, a venture firm from OpenGov co-founder Dakin Sloss. A handful of brands — Stellantis, FedEx and Hone

Michael Kim of Cendana Capital is often a first call for emerging seed-stage fund managers. Cendana has invested in many VC teams that have gone on to enjoy great success — like Forerunner Ventures, K9 Ventures, and IA Ventures. Thanks to its own backers, Cendana keeps replenishing its supply of

California is set to pass the country's first legislation that aims to increase diversity in venture capital. SB 54 passed the state Senate with a vote of 32-8; next, it will go to Governor Gavin Newsom's desk. The bill requires venture capital firms operating in California to report the di

With venture capital totals depressed around the world and the IPO market just starting to poke its head out from hiding, who is buying startups these days? The answer is fewer people than before. But while aggregate M&A deal volume in startup land is a bit of a bummer according to a new repor

Founders of Rario, the cricket NFT startup in which India’s Dream11 led a $120 million funding round last year, are leaving the two-year-old firm, people familiar with the matter said. Ankit Wadhwa, who serves as Rario CEO, and Sunny Bhanot, Rario CTO, are being pushed out as investors at the

Startup accelerator Y Combinator has long had a good reputation for picking companies that go on to be home runs for investors. And to get those investments, VCs have watched the accelerator’s biennial Demo Days to get a peek at the startups that could go on to become the next Instacart or Ai

Snack company SkinnyDipped, known for its lightly dipped nuts, closed on $12 million in Series A funding in August to move into new retailers and new categories. Mother-and-daughter Val and Breezy Griffith founded the company, which had humble beginnings as part of the 2016 AccelFoods cohort, with