Venture

Y Combinator hosts a Demo Day for its latest batch of companies twice a year, and starting tomorrow until Thursday, the startup accelerator and investor will debut 218 companies from its summer 2023 cohort. The Exchange explores startups, markets and money. Read it every morning o

Founders Future is a pretty recent entrant in the French VC scene, but it has already built an interesting portfolio of tech startups over the past few years. The firm is currently in the process of raising two new funds — Founders Future II and Founders Future Expansion. Launched in 2018 by Marc

Tempus fugit, as Virgil once put it. It was a full 11 years ago that I first noted the appearance of Connect Ventures, one of the early “new kids on the block” amongst the nascent clutch of European tech VCs in that relatively early era. Back then, Connect was one of the few product-foc

The Catalyst Fund has reached the first close of its $40 million fund intended for investment in climate startups in Africa. The fund announced today an initial close of $8.6 million with the backing of FSD Africa Investments (FSDAi), Cisco Foundation, USAID Prosper Africa and tech investor Andrew

Hero MotoCorp, the world’s top two-wheeler maker, and Singapore sovereign fund GIC are investing $108 million in Ather Energy, a promising electric vehicle startup in India whose fast-growing fortune had to hit the brakes after a local policy change. Hero MotoCorp, which already owns a 33.1%

If you're adventurous with your food, or just like to keep up with the fast-moving food tech industry, here's a roundup of technewss stories and some notable news we weren't able to cover. Plant-based protein finds a plate in foodservice The Good Food Institute last week unveiled some

The startup industry has been whistling a happy tune since the British chip designer Arm filed paperwork with the SEC late last month for an IPO. The growing expectation is that the hotly anticipated offering will force open the IPO window for many other outfits. But while Arm’s beleaguered o

Scheduling medical appointments is challenging enough for humans, so Otto, formerly TeleVet, wants to make it easy to, at the very least, care for our pets. The veterinary software company offers a way for clinics to manage aspects of their operations, from schedule to after-hours triage to payment

Europe-based climate-tech VC Satgana has appointed Anil Maguru, formerly an investment director at the firm, as its newest partner. Satgana, which emerged out of stealth last year, invests in climate startups in Europe and Africa. Maguru joined the VC firm at inception three years ago, starting as

Today marks nine months since ChatGPT was released, and six weeks since we announced our AI Start seed fund. Based on our conversations with scores of inception and early-stage AI founders, and hundreds of leading CXOs (chief experience officers), I can attest that we are definitely in exuberant ti

African women-founders find it incredibly hard to raise capital from private markets, and even banks, a gap that “gender-lens” funds like Alitheia IDF exist to bridge. Alitheia IDF was co-founded by Tokunboh Ishmael and Polo Leteka in 2015 as a private equity fund to back the often marginalized

The massive gap that the American venture market has seen in technology IPOs has stretched on for effectively 1.5 years, making Instacart’s and Klaviyo’s filings of public-offering paperwork all the more important. Exit volume for startups has been weak since the end of the 2021, but it

If the 2020s are going to be the decade of AI, then the 2030s could be the decade of fusion power — that is, if the sector's startups are able to deliver. Fusion power has never had a more solid foundation. Advances in semiconductors, magnets and, yes, artificial intelligence have driven fusi

Treatments like botox are becoming more ubiquitous, spurring growth in the number of medspas, or centers that offer botox, IV hydration and laser treatments from certified providers like registered nurses. Opening a medspa, however, can be a lengthy and expensive process. Moxie wants to make it eas