Venture

Brazilian lender Creditas announced today that it has raised $260 million in a Series F funding that values the company at $4.8 billion. That's up from the fintech's $1.75 billion valuation at the time of its $255 million raise in December 2020. With the latest financing, São Paulo-based C

New York-based venture fund Swiftarc Ventures is launching a new fund dubbed Swiftarc Telehealth to take advantage of the boom in Telehealth-focused startups which have emerged, partly in the wake of the COVID-19 pandemic. The $75 million fund will focus on three initial areas: obesity, mental &

You have to begin somewhere. When Jayce Hafner and Sami Tellatin bonded as Stanford MBA classmates over their shared belief that helping U.S. farms run more efficiently would be good for the country and a great business, they decided to start with grants. For her part, Hafner grew up on a cattle ra

The Israeli VC scene seems to be on a bit of a New Year roll. Hot on the heels of the news that Viola Ventures, an Israeli VC, has closed its sixth fund of $250 million comes news from  Entrée Capital, another firm in the country, that has closed its fourth Israel-focused early-stage fund and i

While global tech and finance leaders have suggested that the world's first trillionaire will be someone tackling climate change and that many climate unicorns are on the way, current VC levels are dwarfed by the mind-boggling funding amounts that are needed to give humanity a fighting chance.

Foundation Capital, an early-stage venture firm with offices in Palo Alto and San Francisco, has been around for 27 years, in many iterations. It has been sprawling, it has been small, it has thrived, it has teetered. In 2022, it’s in expansion mode once again. Three years after closing its n

Berlin-based Cherry Ventures has launched its fourth fund, a €300 million ($340 million) early-stage tech fund. The Cherry IV fund will also feature a dedicated crypto and web3 strategy, building off Cherry's existing portfolio in the space. Cherry's portfolio includes uni

Viola Ventures, an Israeli VC, has closed its sixth fund of $250 million. It now has $1.25 billion in assets under management, largely early-stage tech companies. Viola says the fund was oversubscribed and reached its hard cap. With the new fund, Viola Ventures will invest in 25-30 early-stage (see

Early-stage venture firm Inflection has raised a new fund to invest into the “open economy”, as the firm says in its investment thesis. With that term, the firm means that it plans to cover all things crypto, web3 and blockchain with its new $40.7 million fund. Limited partners in the Mercury F

Market trends are the best indicators we have to judge the maturity of the quantum industry. While they don’t perfectly reflect technological progress, they showcase investors' willingness to write checks for the industry. In the next three to five years, quantum computers manufacturers a

European startups collectively raised a record $100 billion+ in funding in 2021, a sign of their swelling ranks, ambitions and stature. Now, a VC in London has closed a record round of funding to cater specifically to that opportunity. Blossom Capital, which makes investments in European startups a

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 January 14, 2022! I suppose that this has been the week of Wordle, in that everyone and their dog are tweeting their scores

Korean technology giant LG makes everything from televisions (they announced some new ones at CES), washing machines and fridges, to, well, it’ll probably take less time to list the things they don’t get involved in. It shouldn’t come as a surprise that the company has a robust in

Even to outsiders, the inner workings of startup accelerators has become familiar: pumped up on camaraderie and energy drinks, scrappy founders do product demos onstage before a room full of buzzy journalists and investors. Fast-forward two years into a pandemic and, even a stint with the return of