Venture

Lead Edge is increasingly steering its 700+ investors away from VC deals

Mitchell Green worked variously in investment banking, as an analyst with Bessemer Venture Partners, and for a hedge fund backed by Tiger Management before striking out on his own in 2011. Going it alone was seemingly the right move. Green now manages money for more than 700 individuals who have committed $5 billion to his […]

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As YC retreats from Africa, alumni launch accelerators to fill the gap

The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and began to accept startups from the region into its cohorts. The move was huge: in this nascent market, startups especially rely on programs like these to find their feet and connect with investors, and

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Fly Ventures sets its eyes on technical founders with a fresh €80M fund

Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53 million fund in 2020. Aiming at technical founders, the firm claims Fund III was oversubscribed and raised in a single closing. Meanwhile, the small increase

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Time4 is a new Daphni-backed fund dedicated to French entrepreneurs with diverse backgrounds

France’s startup ecosystem has grown significantly over the last decade, thanks to public support and private investment. However, capital isn’t evenly distributed. Most venture-backed startups are Paris-based, with founders who come from the same handful of universities and schools. This is what VC firm Daphni is hoping to change with Time4, a fund with a

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Scale Ventures Partners on the real risks of AI to workers, and the opportunity in vertical investments

Scale Ventures Partners’ Jeremy Kaufmann and Alex Niehenke joined us for a StrictlyVC discussion in San Francisco, and they had a more candid take on the impact of AI on the workforce than many within the tech community. Instead of obscuring the impacts to avoid the risk “people in the Midwest say nasty things about

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GV CEO David Krane on what it takes to manage 800 investments in five years at StrictlyVC SF

GV, Google’s venture capital spinoff that started in 2009, has invested billions of dollars in companies from Uber and Nothing to scent digitizing startup Osmo. Their CEO David Krane joined our December StrictlyVC event in San Francisco to discuss his approach to identifying potential investments, what it’s like to work so closely with Google while

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Non-profit 1863 Ventures has closed, reborn into for-profit New Majority Ventures

The nonprofit organization 1863 Ventures, which focused on providing capital and mentorship to early-staged underrepresented founders, will close and become a for-profit entity called New Majority Ventures, according to its founder Melissa Bradley. The new organization will rely on a fiscal sponsor and is said to be in talks with The Tide Foundation for this

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Khloé Kardashian and Kris Jenner are raising money for a new consumer startup

Khloé Kardashian and Kris Jenner are looking to raise $10 million for a new business called Khloud, according to an SEC filing.  Per the filing, which was listed on Tuesday, the company started raising last month and has already raised $4.49 million. Trademark filings show that earlier this year, trademarks affiliated with Khloud were filed

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