Energize Ventures raises $330M to fund energy, mobility and climate resiliency technology

""> Energize Ventures, an early and growth-stage venture fund, has announced the closing of its second fund with total capital commitments of $330 million. Fund II will be used to help scale and commercialize software across renewable energy, mobility, cybersecurity, battery storage, critical infras

VC Peter Relan helped launched Discord; now he’s ‘brewing’ two new incubators

Peter Relan is not exactly a household name, but he has seen a lot over the course of his career and enjoyed a fair amount of success. A Stanford grad who logged time at Hewlett-Packard and Oracle before becoming the CTO of the ill-fated, bubble-era company Webvan, Relan has, in more recent years,

Which form of venture debt should your startup go for?

Given the surplus of liquidity in the markets, entrepreneurs have access to more funding options than ever before. Venture banks, venture debt funds and venture capitalists are each jockeying to prove how their money is greener. Nonetheless, each has constraints that dictate their behavior. While a

Heartcore Capital bets on Europe with a $200M fund for consumer tech startups

Heartcore Capital, one of the few VCs to focus on consumer technology, has raised a $200 million early-stage fund for those kinds of startups across Europe. Heartcore IV, the firm's flagship investment vehicle, will be supported by Heartcore Progression Beta, a $50 million “opportunity fu

The enormous challenges and abundant opportunities in climate tech

The decarbonization of the planet will be the next major disruption of the 21st century, according to SOSV managing general partner Sean O’Sullivan and Carmichael Roberts of Breakthrough Energy Ventures. A disruption of such magnitude will bring about changes that will touch every industry an

The Station: Tesla rolls out its FSD beta button, delivery deals heat up, micromobility evolves

Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Aria and Rebecca have a lot to share this week, so I’ll keep my intro short. I want to direct your attention to my latest podcast episode over

Latin America finds a champion in SoftBank Group International CEO Marcelo Claure

SoftBank is gaga for startups in Latin America. Since first announcing it was planting a stake in the ground in the region in early 2019, the Japanese conglomerate has plugged more than $5 billion into the region, and it expects that number to top $8 billion by year’s end. Its capital contrib

VC Mark Suster: ‘The bet we’re making now is on founder skills,’ instead of customers or products

We recently caught up with longtime VC Mark Suster of L.A.-based Upfront Ventures, which last raised both an early-stage fund and a growth stage fund several years ago and, according to regulatory filings, is in the market right now, though Suster couldn’t discuss either owing to SEC regulati

SoftBank’s Marcelo Claure is coming to Disrupt next week

SoftBank has been on a tear in Latin America. The Japanese investment conglomerate just announced it has launched its second Latin America-focused fund with a $3 billion capital commitment from the company that may grow as the fund explores “options to raise additional capital,” accordi

What we can learn from edtech startups’ expansion efforts in Europe

It’s a story common to all sectors today: Investors only want to see “uppy-righty” charts in a pitch. However, edtech growth in the past 18 months has ramped up to such an extent that companies need to be presenting 3x+ growth in annual revenue to even get noticed by their favored

Longtime VC, and happy Miami transplant, David Blumberg has a new $225 million fund

Blumberg Capital, founded in 1991 by investor David Blumberg, has just closed its fifth early-stage venture fund with $225 million, a vehicle that Blumberg says was oversubscribed — he planned to raise $200 million — and that has already been used to invest in 16 startups around the wor

Extra Crunch roundup: Adtech investing, Intuit buys Mailchimp, ideal customer profiles

Major gains in online advertising have boosted valuations for adtech startups since the pandemic began, but one insider says investors are missing the party. “Adtech is having a moment,” writes industry veteran Casey Saran. “And while much of the oxygen has been soaked

Inside Reach Capital’s edtech-powered returns

Reach Capital, a San Francisco-based venture firm co-founded by Jennifer Carolan and Shauntel Garvey, focused exclusively on edtech for years before the sector ballooned with unicorns. The rare, female-led partnership closed its third fund in February, a $165 million vehicle and its largest to date

SpotOn raises $300M at a $3.15B valuation and acquires Appetize

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast-forward to almost exactly one year later and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million