According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. In the latest confirmation of this upward trend, Madrid-based VC fund Seaya has closed Seaya Andromeda, an “Article 9” €300 million climate tech fund based out of Madrid. Article 9 refers to the EU’s Sustainable […]
Forestay, an emerging VC based out of Geneva, Switzerland, has been busy. This week it closed its second fund, Forestay Capital II, at a hard cap of $220 million. The VC wasn’t well known in Europe until it started to lead rounds in enterprise startups a couple of years ago, notably scanning software startup Scandit
Forestay, Europe’s newest $220M growth-stage VC fund, will focus on AI Read More »
Sidney Scott decided to take himself out of the venture capital rat race and is now jokingly auctioning off his vests — starting at $500,000. The Driving Forces solo general partner announced on LinkedIn this week that he was shutting down his $5 million fintech and deep tech VC fund that he started in 2020,
Deep tech VC Sidney Scott explains why he’s closing his firm as this area booms Read More »
What’s the common thread between Tesla, building startups, General Motors, venture capital and Lyft? Jon McNeill, co-founder and partner of DVx Ventures, joins TechCrunch editor Kirsten Korosec on Equity to discuss how Elon Musk’s pay package has influenced founders, when it makes sense to go light on cash and heavy on equity, and his firm’s
Jon McNeill on VC 2.0 and creating startups in house Read More »
Samyr Laine and his wife, Ayanna Alexander-Laine, started Freedom Trail Capital in 2023 and are working their way toward a $50 million fund. Both are former Olympians who competed for Haiti and Trinidad and Tobago, respectively, in the triple jump. Now they put their grit and determination to work for founders wanting to launch and
We live in a very different world since the Russian invasion of Ukraine in 2022 and Hamas’s Oct. 7 attack on Israel. With global military expenditure reaching $2.4 trillion last year, startups are hoping to get a share of the pie, and formerly reluctant investors are keen to help them do so. The U.S. budget
Defense tech and ‘resilience’ get global funding sources: Here are some top funders Read More »
Matrix is rebranding its India and China affiliates, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners India will rebrand to Z47 and Matrix Partners China will rename itself MPC. Matrix began operating the India affiliated fund in 2006 and the China
Matrix rebrands India, China units for ‘organizational independence’ Read More »
Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large funds. On Friday, Kleiner Perkins announced that it closed on more than $2 billion in fresh capital across two funds, a slight increase from the 52-year-old firm’s
VCs Jonathan Triest and Brett deMarrais see their ability to read people and create longstanding relationships with founders as the primary reason their Detroit-based venture firm, Ludlow Ventures, is celebrating its 15th year in business. It sounds silly, attributing their longevity to what’s sometimes called “Midwestern nice.” But is it crazy? Maybe not. Before Ludlow,
Get ready to unlock the secrets of successful fundraising in the upcoming year at Disrupt 2024. Our featured session, “How to Raise in 2025 if You’ve Taken a Flat, Down, or Extension Round,” is designed to equip startups with the knowledge and strategies needed to navigate the evolving investment landscape. This session will challenge outdated
Elevate your 2025 fundraising strategy at Disrupt 2024 Read More »
