Venture

Hangovers suck. Especially so for those who felt pressured to drink the alcohol that inevitably caused the hangover to begin with. Drinking is slowly starting to fall out of fad, especially among younger generations. According to 2022 Gallup polling, 60% of adult Americans drink alcohol. This is do

Some high-profile venture capital and private equity firms are slashing the valuation of their holdings, causing billions in apparent profits to evaporate as the economic downturn undermines the sustained growth of the last 13 years. The California Pension System, the largest pension system in the

Many founders start their companies because they’re looking to build a career around finding a solution to a problem or pain point. Scientists are no different, and yet, you don’t see as many scientists becoming founders as you would engineers or operators. It's common to see biotec

The VC which backed such startups as Socure (raised $741.9 million) and Cornerstone OnDemand (now Nasdaq:CSOD) is launching a new fund to support startups in Central Europe. To date the new “ff Red & White” fund from ff Venture Capital has closed €32 million, with a final target of €60

Here comes yet more money for AI startups. Today, the Chinese search giant Baidu announced that it plans to establish a venture fund with 1 billion yuan ($145 million) to back startups focused on content generated by artificial intelligence applications. Reuters, which reported the news earlier, sa

"">Hello, friends! If you are a founder looking to raise your first external capital or your startup is a bit farther down the line, you need to know what’s going on in the world of venture capital. Don’t worry, the technewss+ crew has your back. Building off technewss&

Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that’s building technology for one segment of that market — those owning and/or managing vacation rentals — is announcing a major round of funding to grab the opportunity. Th

Few fields are changing as quickly as climate tech. In the last five years, it's undergone a radical transformation, blossoming from a niche area to a broad sector full of promising niches. With that diversification comes risk and opportunity. And choices. So, so many choices. With the world lo

a16z, a venture capital firm known for its large fund sizes and for shaking up the VC game when it piled into the industry back in 2009, is cooking up a new strategy to potentially bolster its deal flow, according to a recent report. It’s creating a fund-of-funds to invest in smaller venture

Shares of edtech company Chegg still haven’t recovered from their dive earlier this month. As you may recall, its stock fell off a cliff after the company reported its Q1 results. While Chegg beat analyst expectations for the first quarter of the year, it also raised a warning that didn’

After facilitating more than 300 office hours for immigrant entrepreneurs entering the U.K. market, what have we learned about who these founders are and the challenges they face? Introductions for a soft landing can be crucial, but the real value lies in gleaning substantive feedback from experien

It was back in the pandemic era of 2021 that we reported on the launch of Moonfire, at the time a $60 million “Fund I” seed-stage “data-driven” VC geared around the new world of remote working and remote pitching. Its new $115 million fund-raise (“Fund II”) plans to continue what it cal

Neo, a six-year-old, Bay Area–based outfit founded by renowned serial entrepreneur and investor Ali Partovi, is announcing that it has garnered $235 million in capital commitments across two new funds. According to Partovi, $180 million will be invested in seed deals and via accelerator programs

Relationships are complicated — however, thanks to some fintech companies, mingling the finances of these modern couples can be easy. Plenty, a one-year-old company that helps couples discuss, manage and invest their money together, is the latest to launch its platform, focused on millennials