Venture

Is Silicon Valley still the best place for startups? Insight Partners’ Ryan Hinkle doesn’t think so

“Silicon Valley is not a necessary and sufficient condition for success—it’s just one option,” says Ryan Hinkle, challenging the long-held belief that the Bay Area is the ultimate startup hub.  Hinkle is a Managing Director at Insight Partners, the giant New York-based venture capital firm that invests in tech worldwide. It has $90 billion in

Is Silicon Valley still the best place for startups? Insight Partners’ Ryan Hinkle doesn’t think so Read More »

African VC LoftyInc Capital launches third fund for seed and Series A, reaches $43M first close

One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a slight dip last year, according to a report by VC firm Partech. LoftyInc Capital, which

African VC LoftyInc Capital launches third fund for seed and Series A, reaches $43M first close Read More »

Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund

Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million

Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund Read More »

Funding to women-founded startups declined 12% in 2024, but that wasn’t far behind the broader market

Venture investment in startups run by women has always lagged the overall market, and with companies across sectors cutting back on their diversity, equity and inclusion efforts, things seem grimmer than ever for female founders. But the data tells a different tale for 2024 — at least according to this one report by European venture

Funding to women-founded startups declined 12% in 2024, but that wasn’t far behind the broader market Read More »

General Catalyst loses three top investors as the firm expands beyond venture, contemplates IPO

Three key investors have left General Catalyst amidst a series of recent changes at the firm, which now describes itself as an “investment and transformation company,” TechCrunch has learned. The departed managing directors include Deep Nishar and Kyle Doherty, who co-led General Catalyst’s late-stage strategy known as Endurance, and Adam Valkin, one of the three

General Catalyst loses three top investors as the firm expands beyond venture, contemplates IPO Read More »

General Catalyst is reportedly weighing a potential IPO

General Catalyst, the powerhouse venture firm, is considering an IPO, Axios reported Friday morning, citing “multiple sources.” TechCrunch has reached out to the firm’s managing partner, Hemant Taneja, for comment. In the meantime, those following General Catalyst’s trajectory won’t be surprised by the prospect. Founded 25 years ago as a small Cambridge, Mass.-based venture firm,

General Catalyst is reportedly weighing a potential IPO Read More »