Kalshi’s CEO, Tarek Mansour, confirmed on a podcast interview that his employees did ask social media influencers to promote memes about the FBI’s raid on the home of his arch rival, the CEO of Polymarket. Both of these companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes […]
When Koko Xs considered pursuing a career as a VC after he graduated from college last year, he observed a handful of trends that suggested he should do something else. He noticed that it’s hard to land deals and it takes a long time to see returns, given that most VC funds typically take a
How 21-year-old Koko Xs became the new rising star solo VC Read More »
Syndicate One is a debut investment firm out of Belgium that has raised a €6.5 million fund to back Belgian founders and startups. While the amount is small, the significance is that it is the first Belgian fund to have the support of all four of the federal regions of the country. This, in a
New Syndicate One fund joins Belgium’s small-but-punchy tech ecosystem Read More »
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024. © 2024 TechCrunch. All rights reserved. For personal use only. Source
A comprehensive list of 2024 tech layoffs Read More »
Humba Ventures said today it has raised $40 million to invest in deep tech and defense tech startups. It is a sister-firm to Susa Ventures, the seed-stage firm that has backed companies like Robinhood, Human Interest and Flexport. The fund comes at a time when defense tech is seeing venture investment reach record highs: Startups in
Humba Ventures raises $40M fund to invest in deep tech, defense tech Read More »
Some VCs are looking at the Trump administration’s proposed massive tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder at Floodgate Partners. “There is a proposal right now to take the endowment tax from 1.4 percent to 35 percent and most people would say, well endowments are super rich, why do we care? Well, they
Trump’s proposed university endowment tax could hurt funding, VC warns Read More »
Military operators need to rapidly make decisions in high-stakes environments, but they’re often stuck with technology that’s unable to deliver accurate information about their surroundings. Military leaders have made clear that they’re prioritizing “decision dominance” for troops, but actually shipping new technologies and getting them in the hands of end users can be more challenging.
Reveal Technology raises $11M to scale ‘decision dominance’ tools for DOD Read More »
The OpenAI Startup Fund, the early-stage AI investor affiliated with OpenAI, recently disclosed in a financial filing that it has raised over $44 million for its fifth Special Purpose Vehicle (SPV) — its biggest so far. Launched in 2021, the Fund has an unusual structure. It uses OpenAI’s name, but says OpenAI is not an
OpenAI Startup Fund raises $44M in its largest SPV yet Read More »
Audrey Djiya and Peter Nsaka always wanted to be founders. Djiya’s parents, grandparents, and great-grandparents were all entrepreneurs, and even as she took a consulting job after college, she kept an idea journal, documenting the problems she saw and the potential ways technology could help solve them. “Growing up watching family members move goods cross-border,
YC-backed Zimi raises $2M to help international merchants easily sell in the U.S. Read More »
Many VCs, particularly newer firms, readily admit that 2024 has been a challenging year for raising fresh capital. Dimension Capital, a two-year-old venture outfit, had a different experience when raising its second fund. “Every investor from fund one came back very quickly,” said Zavian Dar (pictured center), one of the firm’s three founders and managing
