Venture

Many venture industry observers have wondered whether Andreessen Horowitz, a firm that manages $45 billion, has its sights on eventually becoming a publicly traded company. Co-founder Marc Andreessen said he isn’t “chomping at the bit to take the firm public,” on this week’

The war in Ukraine served as a wakeup call for Europe, and defense tech went from a sector that most European VCs didn’t touch to one of the top investment areas within deep tech. This shift is captured in Dealroom’s latest report on Defence, Resilience, and Security (DSR) in Europe, r

Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter Thiel-founded outfit is raising $3 billion, a source told technewss and Axios also reported. The fund, which is intended primarily for additional i

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, but they’re remaining picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion last year, 62% mo

Two senior partners are leaving Peak XV, one of the world’s largest venture capital firms, four sources familiar with the matter told technewss.  Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said the sources,

As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAI’s assets and is “prepared to consider matching or e

France's public investment bank announced that it plans to invest as much as €10 billion (around $10.3 billion at current exchange rates) in the artificial intelligence ecosystem in France. This announcement comes a few days before heads of state and global tech leaders gather for the Artific

Silicon Valley is madly building AI agents to augment human labor. If such agents work as intended, a whole swath of jobs could become extinct — or close to it. AI agents are poised to displace customer service reps, sales associates, executive assistants, IT admins, junior developers, and journa

On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest.  The tax break allows private equity and venture fund managers to treat their earnings from investments at a lower capital gains rate, rather than as ordinary income.  The remo

Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first closing, the Emblem team managed to secure €80 million in total (around $85 million at current exchange rates). This is no small feat in the current fundin

Hitachi Ventures secured $400 million for a fourth fund, the firm exclusively told technewss. The size of the new fund is a vote of confidence in a range of deep tech verticals. The corporate VC's sprawling portfolio mimics that of its limited partner's, including energy, manufacturing, b

Four years after accidentally launching a VC firm, GTMfund founder and general partner Max Altschuler has raised a second $54 million fund. He was aiming for $50 million.  GTMfund is one of a rising crop of “operator led” funds, meaning the limited partner investors are people who have wo

Investor, former GitHub CEO, and all-around Tech Guy™ Nat Friedman has posted a strangely enticing offer on X. His post reads, “Need volunteers to come to my office in Palo Alto today to construct a 5000 piece Lego set. Will provide pizza. Have to sign NDA. Please DM.”

To make smart bets on the current wave of startups, Matt Hartman thinks venture capitalists will need a deeper understanding of the tech those startups are building. Hartman (pictured above) spent nine years as a partner at Betaworks before starting a new firm, Factorial Capital, where he’s