Venture

One of Elon Musk’s longtime VCs is suing his former employer after allegedly being fired

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Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing his former employer, the massive trillion-dollar AUM Brookfield Asset Management, reports The New York Times.  Much of Raffaelli’s complaint concerns how Brookfield covered pandemic-related real estate losses and alleges the company fired him […]

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Sequoia leads $1.5B tender offer for sales automation startup Clay

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It took seven years of hard work for Kareem Amin, co-founder and CEO of sales automation startup Clay, to see the company’s product finally take off in 2022. Since then, the startup has experienced explosive growth, reached a valuation exceeding a billion dollars, and expanded its employee count from low double digits to over 200.

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VC firm Insight Partners confirms personal data stolen during January hack

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Venture capital firm Insight Partners said it will alert an unspecified number of people that their personal information was stolen during a cyberattack in January. The VC firm confirmed in an updated statement this week it was planning to notify affected people on a rolling basis beginning “in the next few days.” The company said

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Bosch Ventures is turning its attention to North America with new $270M fund

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The venture arm of Bosch has a new $270 million fund that will continue its tradition of investing in deep-tech startups. This time, however, Bosch Ventures plans to put more of its money into North American startups. Launched in 2007, Bosch Ventures is now on its sixth fund. And while the corporate VC is technically

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Kapor Capital’s managing partner Ulili Onovakpuri is leaving the firm

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Kapor Capital’s managing partner Ulili Onovakpuri said yesterday that she is leaving the firm.  Onovakpuri started as a principal at Kapor Capital more than a decade ago, and rose through the ranks to become managing partner, and eventually (with Brian Dixon) took over the reins from the firm’s co-founders Mitch Kapor and Freada Kapor Klein. 

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Amid Greek tech boom, a prominent seed-stage firm locks down €75 million

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Marathon Venture Partners, a venture firm in Athens that prides itself on being “day one partners to Greek tech partners,” just closed its newest fund with €75 million in capital commitments, according to partner Panos Papadopoulos. The vehicle brings the firm’s total assets under management to €175 million — a meaningful amount for an eight-year-old,

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Amid Greek tech boom, a prominent seed-stage firm locks down €75M

Venture /

Marathon Venture Capital, a venture firm in Athens that prides itself on being “day one partners to Greek tech partners,” just closed its newest fund with €75 million in capital commitments, according to partner Panos Papadopoulos. The vehicle brings the firm’s total assets under management to €175 million — a meaningful amount for an 8-year-old,

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Why Eric Slesinger, a former CIA officer, is now funding European defense tech

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This week on StrictlyVC Download, Strictly VC’s Alex Gove speaks with Eric Slesinger from 201 Ventures, a firm focused on seed-stage defense tech startups in Europe. They discuss Slesinger’s journey from CIA to investor and how he recognized the untapped potential in European defense tech while others were dismissive. They also chat about how he’s

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Anduril is working on the difficult AI-related task of real-time edge computing

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Anduril announced its ninth acquisition on Monday with the purchase of Dublin’s Klas, makers of ruggedized edge computing equipment for the military and first-responders. Anduril wouldn’t reveal financial details of the deal, and the purchase is subject to regulatory approval, but the company did say that Klas employs 150 people.  Relatedly, on Monday, Anduril also

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