venture capital

Venture studio Diagram expands into climate tech with oversubscribed fund

Eight-year-old Diagram is expanding its startup incubator model into climate. The Montreal-based venture studio, which launches startups in house, raised $80 million CAD ($58 million) for its fourth studio fund, Diagram ClimateTech Fund. The firm said the vehicle surpassed its initial $60 million CAD ($43 million) target, hitting its hard cap, and is the studio’s

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Levy Health wants to help women identify fertility issues sooner

Caroline Mitterdorfer’s fertility journey began with an early-stage cancer diagnosis at age 27. Mitterdorfer told TechCrunch that her diagnosis made her realize how little she knew about her health and her fertility. She dove into researching the space and became a self-described fertility advocate. Through that work, Mitterdorfer noticed that it took a long time

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VC firm NFX laid off 4 employees and plans to hire more investors

Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told TechCrunch. The layoffs included one product leader and three engineers, Flint said. About a week ago, Amy Lin, chief product officer since

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Initialized Capital restructures, and lets multiple partners go

Initialized Capital is restructuring its team to “meet the moment” in the venture market, according to a blog post from the firm’s managing partner Brett Gibson. The San Francisco-based venture capital firm, originally founded by Alexis Ohanian, Garry Tan, and Harjeet Taggar, announced yesterday that it let multiple people go and specifically named Jennifer Wolf,

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Motorway’s Harry Jones on why he co-founded five startups with the same team

When Harry Jones, Tom Leathes, and Alex Buttle set out to found Motorway, a startup that connects car owners with dealers looking to buy and resell their vehicles, in 2017, it wasn’t the founding teams’ first startup rodeo. Nor was it their second. Motorway was actually the founding team’s fifth startup, Jones, Motorway’s CPO, said

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The VC buying up prized real estate in SF says not to “listen to agitators”

VC Neil Mehta, the Greenoaks Capital co-founder tied to a growing number of building purchases across several blocks of San Francisco’s once-glittering Fillmore Street commercial district, defended himself on Monday via an op-ed in The San Francisco Standard, saying the moves are solely about revitalizing a “city that has given me more than I could

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Airship wants to build better sales tools for HVAC contractors

The HVAC industry is going through a transformation. The old guard of tradespeople are on the cusp of retiring while private equity firms are consolidating the industry. Airship is building a software solution for HVAC’s next chapter. Airship is building a point-of-sale software for HVAC contractors to give them the knowledge they need, on things

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