Venture

Michael Moritz, the journalist-turned-VC who has long been one of the most prominent and respected investors at Sequoia Capital, has left the firm after 38 years to “deepen his advisory relationship” with Sequoia Heritage, the wealth management unit he spun up in 2010 with colleague Dou

Forerunner Ventures first made its name in the venture world by betting on once-nascent startups like Jet, Bonobos and Glossier when it was far easier to build a digitally native brand. Yet, as commerce evolves, so does the firm. As part of its ongoing evolution, Forerunner brought aboard veteran V

What do public market investors want to see when investing in IPOs? We put together a group of 50 of the highest-profile software IPOs (excluding outliers like Zoom during COVID) dating back to 2012. We also studied — but did not include — direct-to-consumer, internet, and fast-casual. We are h

Sheela Foam, the maker of the mattress brand Sleepwell, will be acquiring a 35% stake in furniture startup Furlenco, the publicly listed firm said Monday as it pushes for a bigger share of India’s mattress market. Sheela Foam has proposed to pay $36.5 million for the 35% stake in the Bengalur

Israel-based early-stage VC firm TLV Partners today announced its fifth fund, unsurprisingly called Fund V. TLV Partners raised its last fund, the $220 million Fund IV, in October 2021. Including this new fund, the group now has $1.07 billion in assets under management. The plan is to make about 25

Naseem Sayani launched Emmeline Ventures in January 2022 with two missions: to help back more women founders and to hire more women and people of color as decision-making fund managers. She is part of an increasing number of women and people of color whose mission is to change the dire state of fun

Swiggy has entered into a definitive agreement to acquire LYNK, a retail logistics startup with a network of over 100,000 stores, the latest in a series of purchases by the Indian food delivery giant in the last two years. The Bengaluru-headquartered startup, which counts Prosus, Accel and Invesco

New U.S. inflation data is augmenting tech stocks listed on American exchanges, helping shares of cloud companies reach prices they haven’t been close to for nearly a year. The Exchange explores startups, markets and money. Read it every morning on technewss+ or get The Exc

InvGate, a SaaS platform offering information technology service management and IT asset management products, raised $35 million in a growth round to help it continue expanding globally. The company was founded in 2009, and this is its first institutional funding round. The new investment comes aft

Knowing that a doctor on your hospital staff is who they say they are would seem like a no-brainer, but poor access to real-time credentialing data is causing a headache for healthcare organizations. Verifiable is automating the healthcare credentialing and compliance process, which aims to verify

It was a short week and that was reflected in the amount of news we covered in fintech land last week. But there was still plenty to talk about, including Clair’s raise, some allegations against Deel and exclusive post-SVB growth numbers shared by banking services startup Mercury. On-demand p

Before he became one of the few Black fund managers in the EU, Fabrice do Rego had quite a long career in finance. He started off with Lehman Brothers, before moving to stints at Morgan Stanley and Credit Suisse, and eventually founding M&A advisory firm Valmeon Corporate Finance. But during al

Google’s venture capital arm Gradient Ventures has made another foray into Europe, investing as part of a $3.2 million seed round in two-year-old German startup Weflow. Weflow is the latest in a line of ecosystem startups to emerge from frustrations with using the omnipresent CRM (customer re

Climate change impacts women and communities of color disproportionately. Over 1.3 billion people in low- and middle-income countries across the globe live below the poverty line, with 70% of those being female. Increased exposure to heat, poor air quality, flooding and wildfires have been connecte