venture

A fresh $100M rolls into DIG Ventures as it bids to woo early-stage European startups

Venture /

The number of “operator VCs” — former founders turned VCs — in Europe in recent years. This is common in the U.S., where the majority of VCs are former founders. The reverse is true in Europe, where most come from banking or finance. Recent examples in Europe include Wise founder Taavet Hinrikus, Glovo founder Oscar […]

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VC investment in European startups passed $52B in 2024, continuing long-term growth trend

Venture /

Venture capital investment in European startups passed $52 billion last year, reflecting the market’s long-term growth trajectory and gradual stabilization after the out-sized peaks of 2021-2022 (driven largely by the COVID-19 pandemic), and the comparative slump of 2023, according to a new report. Although 2024 has seen political and regulatory turmoil, Europe’s talent pool of

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Vento rolls out new €75M fund for Italian founders, no matter where they live

Venture /

Over the last 15 years or so, as European venture capital shifted into a higher gear, one way to help a nation’s ecosystem flourish was to invest in founders from that country, regardless of where they were based. This would help re-patriate the entrepreneurial mindset back home. In Europe, the approach was pioneered in part

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Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

Venture /

Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited partner list that includes JPMorgan, Goldman Sachs, MassMutual, Melinda French Gates’ Pivotal Ventures, Reid Hoffman, Mellody Hobson, and Sheryl Sandberg.  Brown-Philpot told Bloomberg that the fund actually closed in January.  The firm launched

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Brand new women’s focused Swizzle Ventures skyrockets past its fundraising target

Fundraising /

Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch.  Back in December, TechCrunch previously reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will

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Geek Ventures, a fund that specializes in backing immigrant founders, is raising a second fund

Fundraising /

Geek Ventures is raising a Fund II, according to a recent SEC filing.  The firm, founded in 2021 by Ihar Mahaniok, focuses on investing in early-stage immigrant founders. Mahaniok immigrated to the U.S. from Belarus and spoke to TechCrunch a few years ago about how hard the venture ecosystem can be for immigrants.  “Talent is

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