Venture

Less than seven months after closing on a $57 million Series B, fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 billion. Financial technology companies raising multiple rounds in a short period of time has become more the norm than an exceptio

Rob Leclerc has the kind of pedigree that investors tend to like: He has a master’s degree in computer science from the University of Calgary and a Ph.D. in computational biology from Yale. In fact, 10 years ago, what he really wanted to do with his degrees was to find and fund agriculture-re

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Hello and welcome to Daily Crunch for Monday, March 21, 2022! Short and to the point today: Follow our newest hire, the excellent Jacquelyn Melinek, who joined the

As a founder, you'll encounter many hills and valleys growing your company. As much as you want to present positive information to stakeholders, it’s equally important to be forthright when product and financial performance fall short of expectations. As an angel investor who funds promis

The investment game going after automotive startups is getting more competitive in China with not only established venture capital firms joining the fray but also industry veterans. Two mobility-focused funds that recently closed new rounds have the backing of the country’s leading electric c

In recent years, “femtech” has attracted increasing attention and venture funding, with dozens of startups springing into existence, from digital health apps to, more newly, regenerative medicine companies. Most of those deals tie to infertility, and it’s easy to appreciate why. A

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Hello and welcome to Daily Crunch for Wednesday, March 16, 2022! Oh boy do we have a lot coming down the pike. Our Austin City Spotlight event just dropped its spe

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Hello and welcome to Daily Crunch for Tuesday, March 15, 2022! Well, we've done it. We made it through earnings season and nearly all of Q1. Now it's just

Mercury, a well-funded, three-year-old startup that offers a host of banking services to startups, is today rolling out a new offering for its customers: venture debt. The idea is to loan out $200 million this year and up to $1 billion next year to startups that have already raised $2 million in fu

When Forerunner Ventures was founded in 2012, traditional brands still reigned supreme, and most of us shopped in physical spaces. Firm founder Kirsten Green, who was earlier an equity research analyst at Banc of America Securities, was maybe more aware than most that this picture was about to dram

Investors have long invested in other investors as a way to get exposure to ambitious, speedy smaller funds (and access to hot deals before their neighbors notice). Andreessen Horowitz has been doing it for years, most recently putting money into a fund for NFT art, and Lightspeed and Sequoia now h

Alexis Ohanian, Reddit co-founder, venture capitalist, and enthusiastic Twitter user, quietly announced a new initiative last week out of his venture firm, Seven Seven Six (776): the 776 Titans Fund. The new fund, as the firm describes it, plans to “focus on emerging managers, each with their

Welcome to my new weekly fintech-focused column. I have been publishing this every Sunday, but on March 27, this column turns into a newsletter! So, if you want to have it hit your inbox directly starting then, sign up here. Venture capital fundraising smashed records in 2021, and fintechs were the

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Friday, March 11, 2022! Oh boy was that a week. It was full and busy and, now, finally, over. We have your full news digest