Venture

It’s a tough market for venture capital, but Square Peg Capital is plowing ahead with its focus on Australia (where it is based), Southeast Asia and Israel. The firm announced today that it has closed its fifth fund totaling $550 million. This brings its total raised across all funds to about

Bilt Rewards, which works with some of the country's largest multifamily owners and operators to create loyalty programs and a co-branded credit card for property renters, entered unicorn status after securing $150 million in a growth round led by Left Lane Capital. We previously covered Bilt a

The third quarter was far from favorable for Chinese startups looking to raise money. Data shows that for upstart tech companies in the country, Q3 2022 was the worst time to raise venture capital since Q1 2020, with far less capital invested than either the rest of 2020 and 2021, or for most of 20

Valuations have been top of mind for the entire venture industry this year as many VCs try to navigate their overvalued portfolios and founders scramble to conserve cash and grow into their lofty valuations. So one might have predicted that valuations would fall off a cliff this year. But that hasn

The amount of capital raised by Black entrepreneurs continues to decrease. The latest Crunchbase numbers show that Black founders raised $187 million in Q3, a staggering decline from the nearly $1.1 billion they received in Q3 2021 and a sizable drop from the $594 million the cohort raised in Q2.

Indian conglomerate Reliance will spin off and list its financial services, a move that it said will allow the oil-to-telecom giant to enter and expand into financial services such as consumer and merchant lending business and also build fintech for “all Indians.” Reliance Industries, r

Propeller, a new climate-tech investor with a focus on the ocean, tells technewss that it has hooked $100 million for its first seed fund. Co-founded by former HubSpot CEO Brian Halligan, the venture firm said in a statement that it backs and incubates startups in areas like ocean carbon removal,

Serena Williams was our guest at technewss Disrupt 2022, and joined TC Deputy Editor-in-Chief Jordan Crook to talk about Serena Ventures, the investment firm she founded with Alison Rapaport Stillman. She talked to us at length about her approach to startup investing, including how much her inves

Kevin Hart appeared onstage at technewss Disrupt 2022 this year, talking to TC’s Natasha Mascarenhas about how he got into investing to begin with, and the misconceptions he had to overcome to do so. Also, he talks about Hartbeat Ventures, which got its first check for its first fund from J

Lionel Messi (pictured, right), the Argentine professional soccer/football player who is widely regarded as one of the greatest players of all time, is to make a push into technology investing via a new vehicle that will be shepherded by two Silicon Valley veterans. Play Time is the name given to a

In a move that broke the hearts of many a tennis fan around the world, Serena Williams recently announced that she would stop playing professional tennis. But today onstage in front of a packed auditorium at technewss Disrupt, she reminded us that while she brings that competitive mindset to runni

Over the next 24 months, we believe that we will witness a profound migration of senior cloud talent from public and late-stage private SaaS companies to healthy early- to mid-stage companies that offer a more rewarding professional growth opportunity and higher financial return potential. Here is

Andreessen Horowitz (a16z) general partner Chris Dixon shed some light on the firm’s recent investments in controversial WeWork founder Adam Neumann onstage at technewss Disrupt 2022. Neumann raised $350 million from the venture firm back in August in a deal that reportedly valued his new re

Venture capital funds focusing on niche sectors are “in,” and Will Ventures is here for it. This low-flying, Boston-based venture outfit just tripled the size of its second fund to $150 million thanks to its approach of investing in sports technologies with the help of its community of athlete