Venture

Siddhi Capital grabs $135M for Fund II to invest in consumer packaged goods startups

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When Siddhi Capital’s Melissa Facchina started working in her family’s juice manufacturing businesses at a young age, she got hooked on how to be an efficient operator. As she grew up, she saw how the food system was changing: More people starting to demand transparency in the supply chain and caring about better quality ingredients […]

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DEI backlash: Stay up-to-date on the latest legal and corporate challenges

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The Great Rollback is here. The phrase refers to Big Tech starting to slash some of the diversity, equity and inclusion (DEI) programs that were implemented shortly after the murder of George Floyd. Most recently, Zoom announced that it laid off its DEI team. Google and Meta have started to defund their DEI programs, and

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Stay up-to-date on the amount of venture dollars going to underrepresented founders

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Venture capital funding has never been robust for women or Black and brown founders. Alongside Crunchbase, we’ve been tracking funding levels to pinpoint moments of progress and regression for marginalized entrepreneurs. For example, Black founders saw record amounts of funding in the bull year that was 2021, but that amount dipped substantially as the market

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Alphabet is clearly looking to buy, so who’s selling, and why did Wiz say no?

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Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with some significant fundraises, a potentially massive acquisition falling apart and looking at what happens when a fintech company suddenly stops serving certain customers. To kick things off, Mary Ann Azevedo walked everyone through Clio’s huge

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Here’s why David Sacks, Paul Graham and other big Silicon Valley names had a brawl on X over VC behavior

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A decade-old drama involving VC David Sacks and Rippling founder Parker Conrad over their previous company Zenefits has blown up this week into a finger-pointing fight on X with many among the Silicon Valley elite taking sides. But, as entertaining as it may be for observers, some have weighed in to say that such fights

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Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems

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Venture capital has become a more global industry as the tech sector slowly decentralizes. In 2022, more than 50% of VC deployed globally was invested in startups outside the U.S., according to data available from the National Science Foundation (NSF) — a stark contrast to 20 years ago, when nearly 80% of the world’s venture

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Colin Kaepernick lost control of his story. Now, he wants to help creators own theirs

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Thousands of stories have been written about former NFL quarterback and civil rights activist Colin Kaepernick. If anyone knows a thing or two about losing control of your own narrative, it’s him. Now, Kaepernick is launching an AI storytelling platform, Lumi, to help creators tell and own their stories. If you said “Huh?” when reading

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CrowdStrike’s fallout, Harris’s stance on tech and Yandex’s rise from the ashes

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On today’s episode of Equity, Rebecca Bellan did a deep dive into the CrowdStrike outage that affected around 8.5 million Windows devices around the world, causing disruptions in air travel, banking, hospitals, media outlets, federal agencies and businesses of all kinds. The outage began when CrowdStrike, a cloud security giant, sent out a defective software

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