Venture

Iconic New York venture capital firm Lerer Hippeau announced $230 million in additional funding across two new funds: LH Seed VIII, which focuses on pre-seed and seed-stage companies, and LH Select IV, which invests in companies from Series A to C. The new funds come about two years following unann

Last week, we got a glimpse of how SoftBank is pulling away from some of its more exuberant investing of the past years, when news broke that it had sold its entire stake in edtech startup Kahoot, at a loss. This week, we’re getting a look at what SoftBank is doing to diversify how it deploys

Web Summit, one of the world’s largest events centered around technology startups, is to launch a brand-new venture capital vehicle consisting of two new funds, technewss understands. The move follows an acrimonious fallout between Web Summit’s co-founders, who first started the now-de

The ways in which we live and get around have evolved over the past few decades. For example, sales of e-bikes are outpacing sales of electric cars in the U.S., according to recent research. And pre-fabricated and manufactured homes are gaining in popularity as housing shortages persist globally.

Fintech Portabl announced the closing of a $2.5 million seed round today led by Harlem Capital Partners. Portabl, founded by Nate Soffio and Alex Yenkalov, also launches its beta today for institutional use. It provides identity management and protection for financial services, banking and consumer

The economic turbulence of the last two years has forced startups to look for new survival strategies. Today, startups generally fall into two camps: a minority that can afford to continue doing business as usual because they have a strong market position and a powerful financial base and the major

The world is headed for a food shortage by 2050 as its population increases, so anything to make it easier for farmers to grow food will go a long way. That's what InnerPlant founder and CEO Shely Aronov is trying to do with her startup that uses plant physiology to gather loads of data to make

The Indian capital market regulator has moved Digit's IPO application to “abeyance,” it said in what is a disappointing development for the online insurer's plan to go public. The Securities and Exchange Board of India (SEBI), the Indian market regulator, updated the status of Fairfax-b

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the prev

It can be hard for emerging venture managers to get on institutional investors’ radars. Many LPs already have long-term relationships in the asset class, and these investors frequently have lean teams with a long list of investment criteria. But as venture fundraising continues to slow, now m

One could probably argue that Floodgate, the Bay Area-based seed-stage venture firm, punches above its weight. The roughly 15-year-old firm has just around $500 million in assets under management — including a $150 million fund that it quietly closed in January — and it makes just a han

SoftBank’s retreat from its past investing exuberance continues apace. This morning, Kahoot, the Norwegian startup that provides a popular platform for people to build and use education-focused games, announced that General Atlantic is buying out SoftBank’s entire 15% stake in the compa

Shervin Pishevar, an investor who left Silicon Valley for Miami after being accused of sexual misconduct by multiple women in 2017, has resurfaced in a role that will seem familiar to anyone who has tracked his career. According to a new report, Pishevar is now “vice chairman” of Yeezy,

Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. The Germany-based startup plans to use the funding to build new hubs in Africa and Europe, grow its team, and