Venture

Former Sequoia partner Matt Miller raises $355M for new fund — with Sequoia’s backing

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Former Sequoia partner Matt Miller has already locked in $355 million for his new VC firm, Evantic, which is also backed by Sequoia, TechCrunch learned. Last December, Miller announced his departure from Sequoia after twelve years to “start [his] own fund focused on the great founders of Europe.”  Despite the European focus, TechCrunch’s understanding is […]

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Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

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Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I.  Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing

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Medium’s CEO explains what it took to stop losing $2.6M monthly

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Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In the post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other

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4 days until TC All Stage in Boston and the lowest ticket prices vanish

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Time’s running out. In just four days, TechCrunch All Stage 2025 touches down at Boston’s SoWa Power Station on July 15 — and your chance to lock in savings of up to $475 disappears. This one-day summit isn’t built for spectators. It’s designed for the doers — the founders, builders, and backers who are shaping

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European VC breaks taboo by investing in pure defense tech from Ukraine’s war zones

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Defense tech has gone from a no-go zone for VCs to a hot investment sector. However, dual use — meaning that the technology must also have civilian applications — is still a requirement for most of them, including the NATO Innovation Fund.  Estonian VC firm Darkstar breaks from this trend by sometimes investing in purely

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Drive Capital’s Columbus gamble is paying off

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This week on StrictlyVC Download, TechCrunch EIC Connie Loizos is joined by Drive Capital co-founder Chris Olsen. Chris explains how Drive’s contrarian approach to fund size, ownership stakes, and geographic focus is generating returns where others firms are right now struggling. They also discuss the firm’s current composition, three years after Olsen and his co-founder

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7 days until TC All Stage kicks off and up to $475 in ticket savings vanish

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We’re in the final countdown — TechCrunch All Stage kicks off in less than 7 days, and your chance to save up to $475 disappears when it does. This is the ultimate founder summit, built for every stage of your startup journey. Whether you’re a founder, co-founder, or investor, this is where scaling strategies are

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Drive Capital’s second act –  how the Columbus venture firm found success after a split

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The venture capital world has always had a hot-and-cold relationship with the Midwest. Investors rush in during boom times, then retreat to the coasts when markets turn sour. For Columbus, Ohio-based Drive Capital, this cycle of attention and disinterest played out against the backdrop of its own internal upheaval several years ago — a co-founder

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