Venture

Cornerstone VC, one of the leading funds in the U.K. with a diversity-led investment thesis, announced today the hiring of its latest partner: Ella Wales Bonner. She will be the fund’s first female partner and will also focus time on building Cornerstone’s mentoring practice to support

U.K.-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, through its Enterprise Capital Funds program, to back startups using artificial intelligence to rein

There's been quite a bit of movement lately among venture capitalists moving to new firms or going out on their own, while others are getting into VC. NEA partner Pete Sonsini and Kleiner Perkins' Wen Hsieh were reportedly leaving their respective firms to start their own firms. David Cahn

London-based VC Stride has appointed Lina Zakarauskaite, formerly a principal at the firm, as its newest partner. The move follows the departure of partner Cleo Sham a month ago to pursue new ventures. Zakarauskaite joined Stride in October 2021. Prior to that she was head of Growth at travel firm

Back in 2020 when the pandemic forced people to work from home, entrepreneurs saw an opportunity to build tools to fuel this new transition to remote work. From virtual offices to making it easy to run payroll for a distributed team, founders leaned in hard. But now, three years later, some compani

One of China’s most highly anticipated artificial intelligence startups is undergoing a significant change of direction. Guangnian Zhi Wai, or Light Years Beyond, which was founded merely four months ago by Wang Huiwen, a co-founder of Meituan, with the ambition of becoming the “OpenAI

If you read enough startup coverage, you’ve noticed that no matter the part of the economy that an upstart tech company is attacking, there’s a pretty darn good chance that it is doing so through software. Software that the startup hosts and charges a recurring fee for customers to acce

A new company is emerging out of stealth today with $35 million in funding and a plan to acquire and consolidate startups within the Salesforce ecosystem. Unaric, as the company is called, has secured $25 million in debt and $10 million in equity from various VCs, angels and growth lenders, as it l

Gleamer, a five-year-old French startup that has developed AI software to help radiologists diagnose and detect bone trauma lesions in scans, among other conditions, has raised €27 million ($29.5 million) in a Series B round of funding. Founded in 2017, Gleamer’s core flagship BoneView soft

Cart.com, an Austin-based company providing end-to-end e-commerce services, entered unicorn territory following a $60 million Series C round of funding to push its valuation to $1.2 billion. The company was founded in November 2020 by CEO Omair Tariq, who was previously an executive at Home Depot a

Arkam Ventures is courting its second fund, aiming for $180 million, nearly doubling the size of its maiden fund, as the Indian venture capital firm gears up to double down on the expanding “middle India” opportunity. The firm’s partners said in an interview that they are hopeful

Last week, we talked with Kindred Ventures, a small, nine-year-old, San Francisco-based early-stage venture firm that, despite investing in a lot of nascent startups — more than 100 to date — takes a generalist approach, investing in AI, climate tech, consumer internet companies, crypto

Talent is the cornerstone of any successful tech ecosystem. In the last two decades, we've seen a wealth of strong founders and operators emerge across Europe and Israel, building innovative products and category-defining, unicorn companies that are competing on the global stage. This in turn h

Today, Kaitlyn Glancy, who has spent more than eight years with the logistics company Flexport — the last four of them as the outfit’s vice president of North America — is announcing that she has joined the world of VC as the newest partner at the venture firm Eclipse. On its face