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The largest investment fund for women’s sports is now even bigger

Fast Company Tech

As buzz around womens sports continues to grow , the largest dedicated female sports fund just got larger. Monarch Collective, the first and largest investment platform that exclusively invests in womens sports, announced Thursday that it has expanded its fund size from $150 million to $250 million.

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rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

TechCrunch

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

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Chasing hype is human nature: The tyranny of startup trends

TechCrunch

I think it’s important that we explicitly discuss something that every VC instinctively knows: The hype around a given business or category has become a form of bias for investors and founders when vetting ideas to pursue. But that’s the rule with mega-hyped markets. The hype-driven race to the bottom. What does that look like?

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Investors say web3 and hype are in for 2023, high valuations are out — maybe?

TechCrunch

The ecosystem watched as startup funding dried up , held its breath as a $32 billion venture-backed company evaporated almost overnight and witnessed one of the largest startup acquisitions of all time. I would expect international funding into Europe to slow over the coming year as GPs are put under pressure. Probably not.

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Report: Substack, the highly hyped newsletter platform, has ditched plans for a Series C

TechCrunch

and global economies. Still, if Substack’s broader fortunes should change, it would be the second, highly hyped consumer company in a16z’s portfolio to have truly captured the public’s imagination, then lost momentum. Substack has raised $86 million over three rounds of funding, according to PitchBook.

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Equity Monday: A global selloff to kick off Disrupt week

TechCrunch

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. On the news front, the global stock market is taking a whacking. Pour some extra coffee, and get hype.

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Construction tech startup Agora raises $33M in Tiger Global-led round amid 760% YoY ARR growth

TechCrunch

Agora , a startup that has built a materials management platform for contractors, has raised $33 million in a Series B round of funding led by Tiger Global Management. Tiger Global Partner John Curtius said he was drawn to Agora’s “unique” trade-specific approach. Despite the hype, construction tech will be hard to disrupt.

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