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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.
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. First off, hello to all the new Startups Weekly subscribers who joined us after last week’s newsletter. To get this in your inbox, subscribe here. It’s complicated, and I may be entirely wrong.
De Correspondent is a Dutch-language, online journalism platform that offers background, analysis, investigative reporting, and the kinds of stories that tend to escape the radar of mainstream media because they do not conform to what is normally understood to be ‘news.’ From ‘news’ to ‘new’. Here’s our story.
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?
The funding will give Cryptoys’ parent company OnChain Studios some capital to build out their vision, which includes a number of NFT-adjacent opportunities including games where users have the chance to earn NFTs through gameplay. The startup announced a $7.5 million seed round — also led by a16z Crypto — in October.
Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. But that’s ok, we dove deep into the hype and looked at what skeptics are worried about for the new application. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m.
Investors don’t expect the US startup funding market to slow down. Image Credits: Nigel Sussman (opens in a new window). Vanessa Larco, partner, New Enterprise Associates. Investors don’t expect the US startup funding market to slow down. Despite the hype, construction tech will be hard to disrupt. Walter Thompson.
Alex , Natasha and Mary Ann got together with Grace once again this week for our weekly roundup show, and as often happens, news broke as we were gearing up to record. ForSight is building eye-surgery robots , just raised a stack itself, and we are hype about it. So we had to touch on the huge Amazon-One Medical deal to get started.
Buzzy “social audio” app Clubhouse has raised a Series C funding round, reportedly valuing the company at $4 billion. Clubhouse said the new round of financing was led by Andrew Chen of Andreessen Horowitz, with participation from DST Global, Tiger Global and Elad Gil.
Our co-host Natasha was off, so Mary Ann and Alex teamed up with Grace to hammer our way through the news of the week live, with friends on Hopin, Twitter Spaces, and other locations on deck to hang out and ask questions. The simply bonkers pace at which Jeeves, a fintech startup, has accreted value in successive funding rounds.
In very good Show News , Chris is back! Today though, we had a delectable dish of dynamic doings, namely news items of the following persuasion: Bitcoin broke the $50,000 barrier , something that we wanted to talk about. Off of $1 million in ARR, Circle has brought on $4 million in funding at a valuation north of $40 million.
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. It’s not surprising: Hyped-up technologies often get outsized interest. To get this in your inbox, subscribe here. I’ll start with a recap on the AI conversations all over stage.
Gone are the days when the New York startup ecosystem, perennially in Silicon Valley’s shadow, was more hype than substance. (In In recent news, Work-Bench recently raised a new $100 million fund.). Enterprise venture funding saw similar gains. billion from 847 deals. billion was raised.
It established a $50 million fund for Bose AR developers, and initially worked with 11 software partners including Yelp and TripAdvisor. This news comes after a tough year for Bose: it announced that it’d close all its 119 physical retail stores in North America, Europe, Australia, and Japan, which led to hundreds of people being laid off.
We have your full news digest below, but stay hype about TechCrunch Sessions: Mobility , because it’s looking increasingly lit. Sorenson Ventures raises $150M fund : The Utah-based firm has made it to a second fund, raising a new vehicle that is 50% larger than its last. PST, subscribe here. Oh boy was that a week.
Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., The news shot the company to unicorn status and incited talks of a potential initial public offering, Bloomberg reported. Quanergy has had a bumpy road to the NYSE.
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.
But as is the case with any transformative new tech, hype is sure to accompany growing adoption, and generative AI has garnered so much attention and money that many VCs already feel the budding sector will be the next bubble. Don Butler, managing director at Thomvest Ventures, feels the bubble is already here. “We
Still, Jacquelyn ’s well-timed Valentine’s reporting based on a Binance poll is good news for those among you who like to keep things immutable. Buyout firm Bain Capital just closed its second growth Tech Opportunities fund with $2.4 million worth of funding so far. Want a free Disrupt pass? billion , up from the $1.3
That’s good news for nonprofits that don’t have a lot of visual content. The majority of the funds being raised on Instagram are coming from the “Donate” button on profiles, but that requires asking followers to visit your nonprofit’s profile to donate. Post Eye-catching Photos.
The company behind Axie Infinity, a popular crypto play-to-earn game, raised $150 million in funding this week to help reimburse users who lost funds worth about $625 million in a hack last week. It was a bad look not only for Sky Mavis, but also for investors like a16z that had hyped Axie as the future of crypto.
News was right back up to a dull roar this week, so we did our best to trim and hone and just bring you the most important things. We’re hype, you’re hype, and we had some jokes. And in other mega-unicorn news, it appears that Microsoft is tempted to plonk down $10 billion for Discord. Why, you ask?
Like Clubhouse, Dispo was one of this year’s most hyped up new social apps, requiring an invite from an existing member to join. Though Axios reported the app’s $20 million Series A fundingnews in February, Dispo put out a press release this morning confirming the financing event.
The latter being particularly important in a week when most Tesla news has focused on a federal investigation into a tendency of the company’s Autopilot software to crash into parked emergency vehicles. I’m not saying that he shouldn’t be doing research like this, but it’s the usual overblown hype.”
AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be the most front of mind right now. is announcing $40 million in funding in anticipation of when that shifts.
For companies in the NFT space, the news is likely unwelcome. It seemed doubtful that the period of hype that gave us endless Bored Ape derivatives would last forever. Trading continues, but at what appears to be a far slower pace.
“The weirdly misleading nature of this thing totally explains why it’s on YouTube, nor hosted by Netflix or Hulu or Amazon, or shown in theaters, or released in partnership with a credible news organization,” climate journalist Emily Atkin wrote in her newsletter Heated on April 27th. Stokes called the film “a gift to Big Oil.”
" or what we call "hype" - how does a small nonprofit avoid getting seduced by the hype? Having a bad case of work avoidance yesterday - specifically building powerpoint slides and figuring out what to say, I got into an email conversation about Web2.0 and volcom sector adoption. is right for you and your org?
In other news: Happy Monday, folks! Rita reports that Cosmose, which recently closed on an undisclosed round of funding to value it at $500 million, is now working with Near’s crypto solution. To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.
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. It’s going to be a busy one, so strap in and get hyped because it is earnings week. I also tweet.
Whether the recent declines, or the fact that cryptos were very recently worth north of $1 trillion in aggregate is bigger news will be determined by your perspective on the asset class. Coinbase files to go public confidentially and we’re hyped. Coinbase, an American cryptocurrency exchange, filed to go public in late 2020.
For many, ChatGPT and the generative AI hype train signals the arrival of artificial intelligence into the mainstream. million) in pre-seed funding Qdrant raised last year. And earlier this month Chroma secured $18 million in seed funding to grow its “AI-native” open source vector database.
With the call to action out of the way, let’s get on to the news! Sarah reports that the startup, like others in this space, gained ground in the wake of Elon Musk’s acquisition of Twitter as many began to look for a new place to read and discuss the news or share their own thoughts with their followers.
This is our Friday episode, a run-down of key news headlines, startup funding rounds and whatever else is popping in the worlds of startups and tech. Despite the fact that it is a holiday week here in the United States, tech news was, well, as nuts as it usually is. Louis all at once, we were hype.
to chat through the week’s news. Mara snagging $6 million for a business that had us all hype , and the Public-Otis tie-up from earlier in the week was also on the docket. And we closed on a grip of news from Africa, where startups are raising more money , more quickly , and taking part in more accelerators than ever before.
Here’s the great news — TechCrunch Early Stage, taking place April 20 in Boston, Massachusetts, is designed to help both early and future founders accelerate the learning curve. Top early-stage VCs: They’ll share best practices when it comes to issues like securing funding and improving your pitch deck.
Going out on a limb : Branch may have had some struggles getting early funding, but even amid a cooling off of insurtech stocks, the company is finding its money tree is growing tall. Branch collected $147 million in Series C funding. million Series A funding round. Despite this, we also have some good feature news.
In happier and better news, TechCrunch Early Stage is coming up in just a few months and not only am I hype about it, I’ll hopefully be there IRL. What’s ahead for Europe : On the heels of news that European startups had an outsized 2021 when it came to fundraising, TechCrunch explored what’s ahead for the continent.
Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. Weekly News. Last week, a few affected and non-affected employees took to LinkedIn to reveal the news.
Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. Stay tuned, and please feel free to share with anyone looking for a new opportunity!
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. Discipline is the new scale.” (OK, We jumped on the TC+ stage to talk about competition and, of course, what happens when the beginning of your company is defined by hype and celebrities. .
Sesamm , a French startup that helps financial firms and corporates adhere to their ESG goals by using natural language processing (NLP) to generate insights from digital content, has raised €35 million ($37 million) in a round of funding to expand internationally. Supply chain Sesamm founders Pierre Rinaldi, Sylvain Forté and Florian Aubry.
Our incredible team of writers has a trove of awesome news and analysis available for you today. Less of our babbling, more of the news. Weaving web3 threads : As Ingrid notes, there is “a lot of hype around web3,” but building platforms within the space is still relatively new. More research may be required.
Before we get into this week’s show, make sure to check out all the news here about how Equity is expanding, and becoming even more of a thing in 2021! We are beyond hyped about it. Coming on the back of such a wild news week, we had to cut and cut from the notes doc to get the show to size.
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