Matrix Partners is raising $450 million for new India fund
Matrix Partners India is raising $450 million for its fourth India fund, doubling down on the South Asian market where scores of investors including Sequoia, Lightspeed, SoftBank, Elevation, Accel, Alpha Wave Global and Tiger Global have increased the pace of their investments in recent years.
The
Vahak wants to improve the lives of India's truck drivers
Vahak is not only an open marketplace for truckers, but it also provides drivers with services like healthcare and discounted fuel cards. The Bengaluru-based company announced today it has raised a $14 million Series A. The round was led by Nexus Partners, with participation from Foundamental, iSee
Founders of recycling startups say the pandemic changed the investment game
For years, startups addressing the recycling crisis labored in relative anonymity. But for those who have stuck with it — or survived the lean times — investors are now rewarding them with growing support, three founders told me this week at TC Sessions: Climate 2022 in Berkeley.
“It's be
Black founders are seeing a decrease in funding amid economic downturn
It's confirmed — Black entrepreneurs saw a dramatic decrease in funding this year as investors continue to pull back.
So far, new Crunchbase data shows Black startups received $324 million in VC funds in the second quarter, a steep decrease from the $1.2 billion received in Q1 this year and s
Black Gen Z VCs are here and swinging for the fences
One day early in the pandemic, Dazayah Walker came across a job she'd never heard of before: venture capitalist investor.
The pandemic ensured she had time, and intrigued by the profession, she started teaching herself the trade. She soon realized it was a way to build wealth, and as a young B
Could this ‘quiet company’ kick open the IPO window?
Earlier this month, The Exchange took a look at quieter companies that have been growing consistently before, during and after the 2021 venture capital peak. The startups and unicorns that didn’t raise at 50x or 100x ARR last year may be the companies most ready to kick open the IPO window at
We turned our investors into our best source of customer feedback
When my co-founders and I started Equi, we each committed to putting 80% of our liquid net worth into the investment platform we were building.
It made sense because we had initially built the product for ourselves. We knew what investment strategies would yield the best returns on our savings, but
Emory University student venture fund is raising a new generation of investors
Last year, a small group of Emory University graduate students at Goizueta Business School in Georgia began to examine the challenge of getting Black and other historically underrepresented founders access to capital. One way to do that, they reckoned, was to raise a generation of investors who wou
DX exits stealth mode looking to help developer teams be more productive
Despite developers being deeply involved with tech company product launches and software upgrades, most company executives have very little insight into how these teams actually do their work or how their productivity could be improved. DX thinks it has cracked the code.
Back in early 2020, DX co-f
Investors salivate over food tech companies perfecting precision fermentation
Precision fermentation may be a food tech term that doesn't put a pleasant taste in your mouth, but advances in the technology have investors increasingly ordering it from the menu and giving compliments to the chef.
This technology — brewing food inside huge fermentation chambers — is not
Cube, which wants to help finance teams plan better and faster, lands $30M after seeing 400% ARR growth
Cube, a startup that wants to help companies “plan their financial future,” has raised $30 million in a Series B funding round led by Battery Ventures.
Existing backers Mayfield Fund, Bonfire Ventures and Operator Collective participated in the financing, along with new strategic investor GTMfu
Daily Crunch: Coinbase will reduce its workforce by 18% to ‘stay healthy during this downturn’
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It's June 14, 2022, and while we're casually putting together the Daily Crunch newsletter, Bill Gates is chilling at the next table over at the TC Session
Dcode Capital raising $50M fund to build bridge between startups and federal government
The U.S. federal government needs better tech, but implementing new systems is more complex than the nuclear launch codes. The internal process to build new tech moves at a slow enough pace to ensure the government remains behind the commercial sector. While startups could serve as a lifeline of in
World Innovation Lab wants to connect the innovation gap between startups and corporates in the US and Asia with $1B
World Innovation Lab (WiL), a Palo Alto- and Tokyo- headquartered venture capital firm, said Tuesday it has raised more than $1 billion.
It’s an enormous fund for the outfit, relatively speaking. The latest funding, which will be deployed across WiL's multiple funds, including WiL Venture