OurCrowd teams up with Airwallex to let its investors back startups in their local currency
Over the course of the last few years, venture investment platform OurCrowd has become Israel’s most active venture investor, with over 400 portfolio companies across 42 funds. The platform allows accredited investors to invest in the startups in the OurCrowd portfolio, but until now, they ha
Cohart's art marketplace makes buying and selling accessible for any kind of art lover
Cohart, a social marketplace to discover, buy, sell and engage with art, raised over $4 million in funding.
Kendall Warson and Shyevin S'ng started the company in February 2021 after meeting at an immersive art event and bonding over a discussion about creating the future of new art.
Tuesday Capital, a Silicon Valley firm that moved to Austin during the pandemic, captures $31M for its newest seed-stage fund
Austin seems to agree with Tuesday Capital.
When the 12-year-old seed-stage outfit — originally called CrunchFund — was co-founded by longtime VC Patrick Gallagher and technewss founder Michael Arrington, it was interwoven with the Silicon Valley scene. In has since widened its net
Reed Jobs, son of Steve Jobs, takes the wraps off a $200 million venture fund that will back new cancer treatments
Reed Jobs, the 31-year-old son of Apple co-founder Steve Jobs and philanthropist Laurene Powell Jobs, has spent his career behind the scenes. But he’s “stepping into the spotlight,” with a new venture capital firm to invest in new cancer treatments, DealBook reported earlier this
Fidelity deepens valuation cut for SaaS startup Gupshup
Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the latest brutal markdown across private markets.
The U.S. asset manager valued its holding in Gupshup at $8.08 million at the end of June,
Is Black news VC backable?
Lately I've been thinking about media publishing startups (think Semafor and Puck) and their fundraising rounds.
Semafor recently raised a $44 million seed round, and Puck raised a $7 million Series A in 2021. The Messenger, among the newest in the industry, recently raised $50 million. Publish
This week in food tech: New fund shows food investments are still simmering
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 this week's stories and some notable news we weren't able to cover.
Supply Change Capital
The venture capital fund madness we've seen all year has made its
Andy McLoughlin of Uncork Capital on the firm’s new funds, succession, and why next year could be a bloodbath (sorry, startups)
A few weeks ago, Uncork Capital shared the news that it recently closed on $400 million in capital commitments across two new funds: $200 million for a seed-stage vehicle and another $200 million for an opportunity-style fund that mostly aims to support startups that are already part of its portfol
Coalition Operators, Cowboy Ventures and Finix set an equitable cap table at TC Disrupt 2023
Building a diverse and inclusive startup is the right thing to do, both ethically and economically. If you're a founder who cares about equity, it begins with choosing co-founders and employees who don't all look or think like you. But that's just the starting point. It also means diver
Exclusive: Goodwater Capital snags $1B across two new funds, despite cooling interest in consumer tech
Goodwater, one of comparatively few firms to focus exclusively on consumer tech investments, has closed on $1 billion in capital commitments across its fifth early-stage fund and its third opportunity-style fund, technewss is first to report. The bulk of the capital — 60% — will be inv
Fund of funds could be the perfect vehicle for backing diverse, emerging fund managers
The fund-of-funds model has a new role to play in the venture ecosystem as the amount of capital allotted to such funds has declined over the years. And as its role changes, I couldn't help but wonder if this new version is helping diverse and emerging fund managers.
Forget, for a moment, the p
Prosus slams Byju’s after quitting board, says India’s top startup ‘regularly disregarded advice’
Prosus, one of the largest investors in Byju’s, expressed its disappointment in the edtech giant’s reporting and governance practices on Tuesday, a month after all the key investors quit the startup’s board. Prosus said in a scathing a statement on Tuesday that Byju’s report
Supply Change Capital is latest women-led VC to raise substantial debut fund
Supply Change Capital closed on $40 million in capital commitments for its first fund, targeting investments in the global food industry valued at $10 trillion.
The female and Latina-owned firm is spearheaded by co-founders and managing partners Noramay Cadena and Shayna Harris, who met 14 years ag
Early-stage SaaS startups grow the same with or without VC dollars
The role of venture capital is to help startups achieve growth and scale beyond what they could on their own. But does that always pan out? New research shows that for some early-stage companies, it doesn’t really make a difference.
A new report from startup lender Capchase found that SaaS st