Syndicate One is a debut investment firm out of Belgium that has raised a €6.5 million fund to back Belgian founders and startups. While the amount is small, the significance is that it is the first Belgian fund to have the support of all four of the federal regions of the country. This, in a […]
New Syndicate One fund joins Belgium’s small-but-punchy tech ecosystem Read More »
The OpenAI Startup Fund, the early-stage AI investor affiliated with OpenAI, recently disclosed in a financial filing that it has raised over $44 million for its fifth Special Purpose Vehicle (SPV) — its biggest so far. Launched in 2021, the Fund has an unusual structure. It uses OpenAI’s name, but says OpenAI is not an
OpenAI Startup Fund raises $44M in its largest SPV yet Read More »
Former NBA Lakers star Metta Sandiford-Artest (formerly known as Metta World Peace), has teamed up with Stephen Stokols, the former CEO of Boost Mobile, to launch Tru Skye Ventures, a firm looking to invest in sports and health tech, according to Sportico. The firm wants to raise $100 million and cut its first formal check
Former LA Lakers star launches VC firm Read More »
Back in the heady days of 2021, Heartcore Capital planned to focus on consumer technology with a $200 million fund. Fast-forward to 2024, and its latest fund will now ‘leaven the bread’ of that thesis, with a fresh $180 million (€170M) to go broader and more generalist than that earlier thesis. Some 17-years into the
The nonprofit organization 1863 Ventures, which focused on providing capital and mentorship to early-staged underrepresented founders, will close and become a for-profit entity called New Majority Ventures, according to its founder Melissa Bradley. The new organization will rely on a fiscal sponsor and is said to be in talks with The Tide Foundation for this
Non-profit 1863 Ventures has closed, reborn into for-profit New Majority Ventures Read More »
Charles Hudson, managing partner of Precursor Ventures, told an audience at AfroTech the basics of knowing when to invest: A company should have product-market fit and some form of traction. But the next thing he said garnered some surprised looks from the audience: Founders should test investors with a small issue to see how they
Precursor’s Charles Hudson believes founders should test their investors Read More »
Back in February, when TechCrunch spoke to Raphael Akinsipe, he described his company SocialCrowd as a “Fitbit but for work.” As CEO and co-founder, he explained that the product allows companies to set goals for employees and then reward them when those expectations are met. “For example, we had a restaurant incentivize their staff by
SocialCrowd raises $2.5M seed round as interest in future of work software remains Read More »
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
DEI backlash: Stay up-to-date on the latest legal and corporate challenges Read More »
AI big shot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upward of $120 million for its second effort. A filing with the SEC shows that the AI Fund’s second fund, AI Venture Fund II, has so far amassed $69.75
Andrew Ng plans to raise $120M for next AI Fund Read More »
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
DEI backlash: Stay up-to-date on the latest legal and corporate challenges Read More »
