Sequoia India and Southeast Asia raises $2.85 billion funds

Sequoia India and Southeast Asia has launched two new funds, a $2 billion early-stage, venture and growth fund for India and an $850 million dedicated fund for Southeast Asia, as the storied venture firm doubles down on the region at a scale unrivaled by most of its peers and at a time when money i

The case for down rounds

Media outfits reported earlier this week that the crypto lending platform BlockFi is looking to raise roughly $100 million in fresh funding in a round that would value the company at about $1 billion. Very notably, when BlockFi last raised money from investors — $350 million in March of last

VCs flock to TikTok to reach the next generation of founders and investors

In January, Redpoint Ventures gave Rashad Assir one task: Make TikToks about venture capital. At the time, Assir ran his own TikTok account, creating satire about corporate life and tech trends, amassing more than 56,000 followers and 2.4 million likes in the process. Meanwhile, Redpoint Ventures h

Gander closes $4.2M seed round to ‘humanize’ online shopping

E-commerce platform Gander announced today the closing of a $4.2 million seed round co-led by Harlem Capital and Crossbeam Venture Partners. The seed adds Gander founder Kimiloluwa Fafowora, 26, to the growing list of Black women who have raised $1 million or more in VC funding — a feat no more t

Proposed bipartisan US crypto bill could be 'sigh of relief' for the industry

"http://localhost:81/images/resimler/speakable-summary">All around the world, regulators are trying to address the trillion-dollar elephant in the room: the digital assets market. Because crypto is a nascent industry that currently exists largely outside of legal frameworks, it's still in murky

Five to Nine raises $4.25M seed round to help improve the efficiency of DEI initiatives

Five to Nine, which makes event management software, has closed a $4.25 million seed round led by Black Ops Ventures. Launched in 2018, the company’s software lets enterprises plan programs for their employee resource groups (ERGs), which enable employees who share characteristics or experie

Branch snags $147M at a $1.05B valuation, showing that thorny insurtech market not impervious to growth

Branch, a startup offering bundled home and auto insurance, has raised $147 million in Series C funding at a postmoney valuation of $1.05 billion. Weatherford Capital, a family-owned private investment firm, led the round, which also included participation from existing and new backers such as Acre

Proper raises $4.3M seed round to help other fintechs wrangle data

What’s one of the hottest areas within fintech today? Funnily enough, it’s fintech for fintechs (say that a few times fast). Fintech startups have absolutely proliferated in the past few years, but it’s still a highly fragmented space — which is where “fintech for fint

As investors focus more on profitability, product-led startups may be sitting pretty

Should SaaS companies contact as many of their users as they can in hopes of converting them from free to paid? Best-in-class companies don’t, a new survey-based report found. According to OpenView’s third annual product benchmarks report, which the VC firm presented in a blog post, 

Lots of sellers, fewer buyers, in markets for startup shares

There’s a lot of confusion in the private market right now. On the one hand, venture firms are still announcing new funds on a daily basis. They’re hosting catered sushi brunches. On the other, layoffs abound, and titans of industry sound worried. JPMorgan’s Jamie Dimon sees an ec

How the myth of the ‘girlboss’ harms emerging women in tech

On Lafayette Street in SoHo, young, fashionable women lined up around the block to enter a minimalist, millennial oasis, the most perfect Instagram feed brought to life. Staff members glided around the store in pastel pink suits, each embodying the kind of girl that Glossier made us all want to be:

Rock the Kasbosch? Bosch has a new $295M VC fund

Bosch’s venture arm just announced its fifth fund, saying it’s on the lookout for startups with the “potential to improve quality of life and conserve natural resources.” The new $295 million (€250 million) investment vehicle ups the stakes from Bosch VC‘s prior fun

Boldstart Ventures has two new funds to plug into teams with an idea and little else

Boldstart Ventures, a seed- and early-stage venture firm that markets itself as a “day one partner for developer-first, crypto-infrastructure and SaaS founders,” has closed on two new funds roughly 14 months after announcing its last two funds. The firm — which began in New York w

Hannah Grey launches its $52M inaugural fund

Focusing on “Customer-centric founders redefining everyday experiences,” venture firm Hannah Grey told me it just closed its oversubscribed $51.6 million fund. The company’s thesis focuses on “studying macro-societal forcing functions and evolving human behavior to identify