Venture

Cherry Ventures raises a new $500M fund for early stage and beyond, but will it be enough?

It’s sometimes said that European VC doesn’t have the firepower to compete with VCs in the U.S., which regularly raise billion-dollar+ funds these days. Perhaps further evidence of this view persists in the news that Berlin-based Cherry Ventures has closed its latest fund at $500 million, to be split between early-stage rounds and follow-on rounds

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Hitachi Ventures raises $400M fund to invest in everything from fusion to AI

Hitachi Ventures secured $400 million for a fourth fund, the firm exclusively told TechCrunch. The size of the new fund is a vote of confidence in a range of deep tech verticals. The corporate VC’s sprawling portfolio mimics that of its limited partner’s, including energy, manufacturing, biotech, and AI. “We are open to other breakthrough

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Dub, an app at the intersection of TikTok and Wall Street, has captured teens’ attention

In this week’s episode, hosts Connie and Alex sit down with Steven Wang, the 23-year-old founder of Dub, a rapidly growing copy trading platform. Wang shares how Dub is revolutionizing retail investing by allowing users to automatically mirror the portfolios of top traders, hedge fund managers, and even politicians like Nancy Pelosi. He also dives

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How Max Altschuler accidentally founded a VC firm that just raised another $54M  

Four years after accidentally launching a VC firm, GTMfund founder and general partner Max Altschuler has raised a second $54 million fund. He was aiming for $50 million.  GTMfund is one of a rising crop of “operator led” funds, meaning the limited partner investors are people who have worked, or are currently working, at successful

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Guo’s Conviction Partners adds Mike Vernal as GP, raises $230M fund

When in mid-2022 Sarah Guo left Greylock to launch her own AI-focused fund, Conviction Partners, she indicated that she was tagging the word “Partners” to the firm’s name because she would eventually bring on other GPs. Now, more than two years later, Guo is being joined by Mike Vernal, who was a partner at Sequoia

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As Boom breaks the sound barrier, founder Blake Scholl says supersonic travel is around the corner

In this episode of the StrictlyVC Download, Connie and Alex are joined by Blake Scholl, CEO of Boom Supersonic, to discuss the company’s ambitious mission to revolutionize commercial aviation. From developing the Overture, a supersonic airliner, to embracing sustainable aviation fuels, Blake shares how Boom plans to make faster, greener air travel a reality. He

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