venture capital
Lerer Hippeau closes $230M across two new funds; Ben Lerer is back
Managing partners Ben Lerer and Eric Hippeau discuss the new funds, VC dry power and the current funding environment.
Sources say Web Summit Ventures will be a new $40M follow-on fund
Web Summit, one of the world’s largest events centered around technology startups, is to launch a brand-new venture capital vehicle consisting of two new funds, TechCrunch understands. The move follows…
TC editors weigh in: Tech, trends and controversy in the cryptoverse
There’s never a dull moment in the cryptoverse. Blockchain, DeFi and web3 technologies continue to evolve rapidly in a world of wild extremes. How extreme? Consider these two examples. The…
‘Just break even’ may be the worst possible advice for startups in turbulent times
A significant number of companies are following popular advice to try and break even, but the sad truth is that this is probably the worst possible advice for most startups…
NEAR protocol spin-off Open Web Collective launches venture arm to invest in early-stage web3
Open Web Collective, a blockchain and web3 accelerator, has launched a new division called OWC Ventures to invest in early-stage crypto startups, the team exclusively told TechCrunch. The division is…
Two years before Youcef Oudjidane co-founded Sudanese fintech Bloom after failing to find startups tackling currency depreciation in Africa to invest in, he was the managing partner and head of…
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Stop spending so much time on your product when pitching to investors
It’s natural for founders to live and breathe for their customers and product, but the dirty little secret of fundraising is that your investors are extraordinarily unlikely to care about your product
Varo’s bank charter milestone, more corporate cards and BNPL under a microscope
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our…
VC Ann Miura-Ko is looking to help more students answer the question: Is this idea big enough?
One could probably argue that Floodgate, the Bay Area-based seed-stage venture firm, punches above its weight. The roughly 15-year-old firm has just around $500 million in assets under management —…
Daily Crunch: All I can see is you — iOS 16 users enjoy new photo background removal feature
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Grocery delivery startups with low margins might drop IPO dreams for M&A reality
Getting a bunch of bananas and avocados from your favorite 15-minute grocery delivery company at 3 a.m. might be the greatest thing since sliced bread, but some of these companies…
Daily Crunch: Adobe snaps up Figma in proposed $20B deal that has some scratching their heads
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Allocations just got valued at $150M to help private equity funds lure smaller investors
Interest in alternative investments such as private equity, real estate and crypto continues to surge, and Miami-based fintech startup Allocations is riding the wave. Less than three years after its…
Daily Crunch: Twilio CEO: Laying off 11% of company’s workforce is ‘wise and necessary’
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Construction tech startup Kojo rebrands, expands and lands $39M in Series C funding
Kojo, a startup that aims to help construction companies in the U.S. manage their materials supply chains “seamlessly,” has raised $39 million in a Series C round of funding led…
The alternative asset class needs new infrastructure — who will build it?
Just as traditional alternatives are becoming a consistent part of the modern portfolio, a new era of alternative assets is emerging, fueling a broader and more fragmented landscape for investing.
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What has KOBO360 been up to in the last 2 years?
Before fintechs became the standouts of the African tech ecosystem, it was startups in the online logistics and transport space in Africa linking on-demand apps to move people and goods around the continent that was all the rave. For the online logistics space, it’s not difficult to see why investors were quite curious about the…
AC Ventures reaches first close of a $250M fund for Southeast Asian startups
AC Ventures (ACV), a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V).…
Daily Crunch: Xeneta raises $80M to build out its real-time analytics platform for shipping and air freight
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Why this consumer investor is switching VC firms after making partner last year
Maria Salamanca, one of the few Latina investors at a partner level within the often homogenous world of venture capital, is shaking things up. The investor tells TechCrunch that she is leaving Unshackled Ventures, a pre-seed venture firm that bets on immigrant founders, after seven years to become a partner at Ulu Ventures, a seed-stage…
The unpaid element kicked off commentary on the ethics of unpaid work more generally, an issue that felt all the more glaring in an investment group able to raise millions…
Goldsky raises $20M to bring real-time, on-chain data to crypto companies
Despite well-known volatility in the crypto market, crypto startups building infrastructure to support the industry’s long-term growth have seemed to fare better than their peers. This is especially true for…
Zesty lands $75M for tech that adjusts cloud usage to save money
Spending on the cloud shows no signs of slowing down. In the first quarter of 2021, corporate cloud services infrastructure investment increased to $41.8 billion, representing 35% year-on-year growth, according…
The transaction is complete. The keys have passed to the new owner. This is what you, your team and investors were aiming for, and your bank accounts have become a…
VC funds still rolling as Northzone announces largest fund, while Salkantay is largest Peru fund
Northzone and Salkantay Ventures join other venture capital firms in raising their largest funds to date.
Daily Crunch: New Starbucks Odyssey loyalty program ‘happens to be built on blockchain and web3’
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New data from Carta indicates that valuations for very early-stage startups are holding up better than we might have expected in the current slowdown.
Rather than the main focus being on the next funding round, founders have the opportunity to reprioritize and rebuild. Funds can do that, too.
Pan-African ‘gender equal investor’ Janngo Capital hits first close of €60M fund
After stints at Jumia as its former managing director at its Nigerian office and founding CEO of its Ivorian office, Fatoumata Bâ, a veteran of the African tech space, announced…
It’s strange that the companies that have made so much money off remote work seem to be the most allergic to its possibilities.
