ICONIQ Growth has raised $5.21 billion across two funds associated with the seventh growth fund family, according to SEC filings. However, the firm’s actual fundraise was $5.75 billion, according to a source familiar with the firm. The late-stage investment unit is a part of ICONIQ Capital, which launched in 2011 as a private office managing […]
ICONIQ Growth raises $5.75B seventh flagship fund Read More »
This year already proved that startups are willing to go public in a less-than-ideal market — and get rewarded for it, too. But bankers, lawyers and investors said the recent IPO successes aren’t enough to foster more than a dozen tech IPOs this year. “I don’t think we will have the floodgates open like I
Despite recent successes, IPO market still won’t fully open until 2025 Read More »
The downturn in venture capital funding has impacted startups, VC firms, and accelerators alike. One company in the final category, Techstars, has been shaking up its operations for some time now, leading to a number of departures. TechCrunch got curious about what happened, so we dove deep into exactly how it all went down. We
Inside TC’s Techstars investigation and how AI is accelerating disability tech Read More »
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don’t traditionally move
From Connie Chan to Ethan Kurzweil, venture capitalists continue to play musical chairs Read More »
The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs
A comprehensive list of 2023 & 2024 tech layoffs Read More »
Midwest venture capital firms might always play catch-up to the coasts, but that’s not stopping some firms from pulling in nice-sized funds to support startups in their local ecosystems and overall region. Despite being so-called “fly-over cities” according to investors focused on the coasts, the money continues to flow into this region. For example, Michigan’s
Harvesting fish is an inherently messy business, what with being at sea, the slippery creatures wriggling around and everything else. Shinkei is working to improve it with an automated system that more humanely and reliably dispatches the fish, resulting in what could be a totally different seafood economy. On many fishing vessels, fish are left
In 2024, it’s hard to wake up without reading about yet another large funding round in an enterprise AI company. Intuition, however, a new VC firm based in Paris, is doing something radical by betting on consumer tech exclusively. Behind the scenes, Hugo Amsellem (pictured left) and Etienne Boutan (pictured right) will be the general
Last spring, founders from all over the world began their treks to Techstars’ Stockholm accelerator program. Their backdrop was solemn: A bank run was in the process of crushing Silicon Valley Bank, and the entire startup industry was on edge. The bank’s parent company, SVB Financial, was a major investor in Techstars and, like much
We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way and money the other. We also dug into the xAI
Musk’s xAI shows there’s more money on the sidelines for AI startups Read More »
