Venture

""> ""> Trevor Martin's Mammoth Biosciences aims to use CRISPR technology to democratize disease detection. Join this technewss Live event to hear from Trevor Martin and Mayfield investor Ursheet Parikh on how Mammoth Biosciences positioned itself to achieve the lofty goal. Spoiler: Tr

It's been a little over a year since accelerator 500 Startups rebranded to 500 Global in an attempt to reposition itself as a venture firm. It also launched a $140 million fund to invest in later-stage companies for a total of $2.8 billion in assets under management, according to its website. T

Alex Wiltschko has what he thinks is a big idea. He wants to build a company that digitizes scent. It’s a natural step for Wiltschko, who has a PhD in neurobiology from Harvard, where he studied how the brain processes odor. He didn’t wind up in this specific group accidentally, he sugg

Hustle Fund, an early-stage-focused venture firm built by former 500 Startups partners Elizabeth Yin and Eric Bahn, is growing into its name. The firm has steadily grown its assets under management since first launching five years ago. Its first fund closed at $11.5 million, its second fund closed

Some of the most prominent women in venture capital descended upon Paris this week for the first Women in VC Summit, European edition. The event, organized by investors Sophie Winwood and Ruth Foxe Blader, brought together top minds to discuss creating a more inclusive and equitable venture landsca

Cloudflare, the security, performance and reliability company that went public three years ago, said this morning that it will help connect startups that use its serverless computing platform to dozens of venture firms that have collectively offered to invest up to $1.25 billion in the companies ou

Given the political climate and Peter Thiel's political views, it initially seemed ironic that Thiel Capital chose now as the ideal time to back 28, a self-described “femtech” company that offers fitness and wellness recommendations based on the phases of one's menstrual cycle. Then, yo

Steve Case, the co-founder of America Online, the investment firm Revolution and its offshoot seed-stage arm Rise of the Rest, has a new book out called “Rise of the Rest: How Entrepreneurs in Surprising Places Are Building the New American Dream.” In it, Case argues that COVID was a &#

Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million in seed funding at a valuation of $100 million, two sources familiar with the matter told technewss. Tribe Capital, Republic Capital and Kraken invested in the seed round, a source said, r

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. Hey, folks! Chromecasts have been a hacker and nerd favorite for a moment or two, and we're pretty psyched to see the price (with a remote!) dropping to $30.

It can be hard to tell how venture capital firms are doing. Sometimes it’s easier after a big exit, like Figma’s last week, which gave us a window into the sizable returns some of its early backers, including Index Ventures and Greylock, could capitalize on. But VC firms are usually an

""> ""> Dr. Michelle Longmire, physician/scientist turned startup founder, founded Medable with the goal of transforming patient connectivity in the healthcare system. Along the way in raising $479 million, Sapphire Ventures invested in several rounds, providing Longmire with new relationsh

SoftBank, the largest investor in Oyo, has cut the Indian hotel chain’s valuation to $2.7 billion at a time when the startup is months away from going public, a source familiar with the matter said. An Oyo spokesperson said the startup has improved its finances in recent months, and it believ

Nearly three years ago, a special purpose acquisition vehicle (SPAC) spearheaded by investor Chamath Palihapitiya took the space tourism company Virgin Galactic public. It was the first human spaceflight company to trade on the NYSE — or any exchange, for that matter — and it was so successful