Venture

How many VC funds can you name where the three partners all had babies whilst raising the fund, have deep connections in Asia as well as Europe and the U.S. and include actress Anne Hathaway as an LP? Not many I'd hazard. But that's the profile of Pact, a new seed VC fund launched with a £

With a stated mission to “back the underdogs that traditional VC has overlooked,” early-stage investor Early Light Ventures has secured at least $10.6 million toward its next fund, technewss has learned. Based in Baltimore, Early Light is still somewhat new to VC land with about four y

Two former Shopify employees think they have cracked the code — through no-code actually — for small e-commerce merchants to go beyond the one-size-fits-all marketplace tools and provide personalized customer experiences. Corey Holmes and Matteo Grassi started Popup in 2021 after watching merch

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. What's up, Crunchers! Haje is back from his away-ness, and we are chomping at the bit to bring you a wall of amazing stories from our dastardly team of TC wor

Drive Capital was founded by two former Sequoia Capital Partners looking to start anew in the Midwest. But investors in the Columbus, Ohio-based firm have had a bumpy ride of late, and according to our sources, they aren’t enjoying it. It’s a dramatic turn for Drive, which announced $1

Like many other venture-backed sectors in recent months, investment in food tech has largely been quiet over the past few months. Sure, there have been some bigger deals in the third quarter, for example Meati Foods grabbing $150 million for its mushroom root-based meat (still the best alternative

Back on April 8, 2021, Index Ventures, one of the very few “original gangsters” of the European VC scene, said it was kind've going “back to its roots.” It announced the launch of a new $200 million dedicated seed investing vehicle dubbed “Index Origin.” Now,

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to your…checks the top right of the screen…Wednesday. Several of our technewss colleagues headed to Miami today for the TC Sessions: Crypt

Global investment platform OurCrowd, which has now become Israel’s most active venture firm, today announced that it is expanding its operations in Abu Dhabi by launching a new office and AI tech hub — enabled by the Abu Dhabi Investment Office — in the emirate. In total, OurCrowd

Ben Ling, a prolific angel investor turned venture capitalist, has never put a lot of stock in the need for a new, decentralized internet. It’s why the firm he founded almost exactly four years ago — naming it Bling Capital (a nickname from way back) — doesn’t have the kind of bets

It’s hard to get ahead when you’re just trying to stay afloat. But startups weathering the downturn with fewer employees and a smaller budget are finding ways to survive and move forward by relying on a 15-year-old twist on software adoption called “bottoms-up” SaaS. The ide

The International Finance Corporation (IFC) has today launched a $225 million venture capital platform to back early-stage startups in Africa, Middle East, Central Asia and Pakistan. The IFC, a member of the World Bank, will make equity and “equity-like” investments in tech startups to “grow

New York-based venture platform Modus has launched Modus Africa, a venture capital fund for AI and blockchain startups across sub-Saharan Africa, technewss has learned. The fund is expected to reach its first close in the first quarter of next year. The spinoff continues Modus's string of move

A new startup from the founders of Acast today announced a $3.4 million seed round of funding to “de-wall” digital content, including e-books, audiobooks and news articles. After recently severing ties with Acast, a popular podcasting platform they founded some eight years ago, Karl Ros