Venture Archives » Page 2 of 3

Trump’s proposed university endowment tax could hurt funding, VC warns– BC

Leave a Comment / Funding, Startups, TC, Venture, venture capital / By Salsa Noreen

Some venture capitalists are viewing the Trump administration’s massive proposed tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder of Floodgate Partners. “Right now there’s a proposal to take the endowment tax from 1.4 percent to 35 percent and most people would say, well, endowments are super rich, why do we care? Well, […]

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Heartcore Capital Closes $180M Fund to Focus on Infrastructure, Synthetic Biology and Climate– BC

Leave a Comment / Biotech & Health, Heartcore Capital, synthetic, Venture / By Salsa Noreen

In the heady days of 2021, central capital of the heart It planned to focus on consumer technology with a $200 million fund. If we move forward to 2024, its latest fund will now “leaven the bread” of that thesis, with a new $180 million (€170 million) to be broader and more generalist than the

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Sequoia highlights its 2020 fund by 25%– BC

Leave a Comment / fund performance, Sequoia, VCs, Venture, venture capital, venture funds / By Salsa Noreen

Sequoia says that without exits there is no problem. The Silicon Valley venture titan increased the value of its Sequoia Capital US Venture XVII 2020 fund by 24.6% in June, at the end of a 12-month period, according to Proposal bookwho conducted an analysis of data from the University of California Regents’ endowment. Sequoia’s profit

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Wesley Chan talks about what he’s looking for while shopping for potential unicorns– BC

Leave a Comment / Fundraising, TechCrunch Disrupt 2024, unicorns, Venture / By Salsa Noreen

Investor Wesley Chan has shown a knack for making very early investments in multi-billion dollar unicorns such as Plaid, Gusto, Flexport and, most recently, Canva. Chan comes from an unconventional background: he grew up in an immigrant family and received only average grades in high school. But he got a job washing test tubes in

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Microsoft and a16z put aside their differences and join forces to speak out against AI regulation– BC

Leave a Comment / a16z, Ai, Andreessen Horowitz, editorial, Government & Policy, Microsoft, Opinion, Venture / By Salsa Noreen

Two of the most important forces in two deeply intertwined technology ecosystems – large established companies and startups – have taken a break from counting their money to They jointly allege that the government cease and desist from even considering regulations that may affect their financial interests or, as they like to call it, innovation.

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Krafton backs IMM Investment’s first fund in India– BC

Leave a Comment / Gaming, IMM Investment, Krafton, Krafton India, Venture / By Salsa Noreen

Gaming firm Krafton’s Indian unit has backed IMM Investment’s first Indian fund as an anchor limited partner as battle royale maker BGMI expands its investment bets in the South Asian market. Seoul-based IMM Investment, an early backer of Krafton and about half of South Korea’s unicorn startups, held the first closing for an Indian fund

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General Catalyst Raises $8 Billion in Fresh Funding to Back Startups Globally– BC

Leave a Comment / General Catalyst, Startups, Venture / By Salsa Noreen

American venture capital giant General catalyst has announced new funding of $8 billion as it looks to increase its investments in early-stage multi-sector startups globally, with a specific focus on the US, Europe and India. The capital constitutes around $4.5 billion for its “core venture capital funds,” which encompass seed and growth capital financing, while

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Perplexity Reportedly Looking to Raise Funds at $8 Billion Valuation– BC

Leave a Comment / Ai, Startups, Venture / By Salsa Noreen

AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at a valuation of $8 billion. according to the Wall Street Journal. If a deal is reached on those terms, Perplexity’s valuation would be more than double its $3 billion valuation when raised from SoftBank during the summer. The WSJ

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Ashton Kutcher, Effie Epstein and Guy Oseary will arrive at Disrupt 2024

Leave a Comment / Disrupt, Startups, TC, TechCrunch Disrupt 2024, Venture / By Salsa Noreen

Last year, sound companies 9-year-old Beverly Hills, California-based venture firm, led by general partners Ashton Kutcher, Guy Oseary, and Effie Epstein, announced a new $265 million artificial intelligence fund that was betting big on big modelling companies’ linguistics, including OpenAI. Anthropic and Embracing Face. The plan was to invest in just six companies, a risky

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Peak XV has raised $1.2 billion in the year since it was spun off from Sequoia– Brit Commerce

Leave a Comment / Peak XV, Peak XV Partners, Sequoia, Venture / By Salsa Noreen

Peak XV Partners, the largest India-focused venture fund, has raised around $1.2 billion in exits since its spinoff from Sequoia last year, two sources familiar with the matter told britcommerce. The investor has sold stakes in nearly a dozen portfolio companies that went public last year, including food delivery group Zomato, cosmetics retailer Mamaearth and

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