fund

Jobs for the Future’s new $50M fund looks to invest in underrepresented founders

Two years ago, Jobs for the Future (JFF), a nonprofit dedicated to helping low-wage workers attain upward mobility, established a venture arm, JFFVentures, to back innovative employment tech. In a mov

Asymmetric Financial has a plan to unlock Bitcoin’s trillion-dollar potential with dedicated DeFi fund

As the digital asset industry picks up steam again, some crypto funds are looking to home in on specific sectors. Crypto fund Asymmetric Financial is creating its Bitcoin DeFi Venture Fund I to focus

Former DCG, Blockchain Capital investors launch $20M early-stage fund at crypto advisory firm Reverie

After a couple years of dabbling in angel investments, crypto advisory firm Reverie is now bringing a bigger checkbook to bear. The firm is launching a flagship $20 million fund to invest in pre-seed

Vessel Capital emerges from stealth with $55M fund focused on web3 infrastructure and apps

Vessel Capital, a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm exclusively told TechCrunch. Founded by

Some VCs are turning away from crypto, but CoinFund is diving deeper with latest $158M fund

A fund like this could help revive growth in the ecosystem, but it will take many like this in order to create another wave of capital like we saw in 2021.

Sapphire Ventures plans to invest over $1B in enterprise AI startups

VC firm Sapphire Ventures says that it plans to invest more than $1 billion in AI-related enterprise startups, demonstrating the strong appetite among investors for cutting-edge AI tech. Reuters repor

UK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund

U.K.-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, t

Seedstars, Fondation Botnar partner to back African startups focused on youth wellbeing

Seedstars Capital and Swiss philanthropic foundation Fondation Botnar have launched Seedstars Youth Wellbeing Ventures, a $20 million investment vehicle targeting early-stage startups in Africa that a

Dispersion Capital launches $40M fund focused on decentralized infrastructure

This deep into the crypto winter big venture fund debuts are few and far between, a far cry compared to previous years. But the freeze is not stopping some venture capitalists from launching new funds

DFC invests $25M in Novastar’s Africa People + Planet Fund

The U.S International Development Finance Corporation (DFC) has made equity investment to the tune of $25 million in a new fund by Pan-African venture capital firm Novastar Ventures, to back founders

Oxfam Novib and Goodwell target East African startups with €20M Pepea fund

Impact investor Goodwell Investments and Oxfam Novib, a Dutch foundation and Oxfam International affiliate, have set up Pepea, a €20 million ($21.7 million) fund, to provide financing to early-stage

Seed Club Ventures emerges from stealth with $25M fund focused on DAOs

Seed Club, a DAO-focused accelerator program, has launched its venture arm out of stealth mode with a $25 million fund, the team shared exclusively with TechCrunch. “Seed Club is a DAO for builders

MENA VC Flat6Labs’ new fund to back startups in East, West Africa

Flat6Labs is amongst the most active VCs in Africa, having invested in more than 100 startups to date across the Middle East and North Africa (MENA) region. And now, after 11 years, the Egypt-based se

Deal Box’s venture arm to invest $125M in startups using web3 technology

Deal Box, a capital markets advisory and token offering packaging platform, has launched its venture arm with plans to invest $125 million in startups using web3 technology, the company shared Wednesd

Venom Foundation and Iceberg Capital launch $1B venture fund to invest in web3

Venom Foundation, a layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market, and investment manager Iceberg Capital have partnered to launch a $1 billion venture fund, the two firms a

Razor’s Edge Ventures closes $340M fund as it looks to invest in defense startups

In a sign that national security tech is a safe bet even during troubled economic times, defense- and security-focused VC firm Razor’s Edge Ventures today announced the closing of its third star

Polygon founder raises $50M for emerging markets-focused web3 venture fund

Ethereum layer-two scaling platform Polygon raised $450 million earlier this year in its first major financing round. Now, the protocol’s co-founder Sandeep Nailwal is launching another project,

Playstudios launches blockchain gaming division and $10M web3-focused fund

Playstudios, a publicly traded mobile gaming platform and developer, is venturing into the web3 world with a new blockchain division and investment fund. The gaming entity, which owns popular mobile a

So. Many. New. Venture. Funds.

Further proving that venture investors have more dry powder than ever before, this week started with a flurry of venture capital fund close announcements across sectors and stages. It tells that LPs a

Protagonist launches $100M fund to make early-stage crypto companies the main character

Protagonist, a fairly new crypto fund and incubation lab, has launched its first $100 million fund to focus on early-stage crypto companies. The firm began in the beginning of 2022 and originally was
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