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Venturecapital

All articles tagged with #venturecapital

business1 year ago

Humba Ventures Launches $40M Fund for Deep and Defense Tech Investments

Humba Ventures has raised a $40 million fund to invest in deep tech and defense tech startups, marking a shift from its sister firm Susa Ventures' focus on fintech and software. The fund launch coincides with a surge in defense tech investments, which have reached nearly $3 billion in 2024. Co-founder Leo Polovets emphasizes the need for different evaluation criteria for deep tech investments, focusing on technology viability and team capability. Humba Ventures will primarily source funds from the U.S., U.K., New Zealand, Australia, and Canada, avoiding affiliations with China and the Middle East.

via TechCrunch|
#business#deeptech#defensetech
business1 year ago

Rising Stars: New York's Top VCs Under 30

A new wave of young venture capitalists under 30 is making significant strides in New York City's investment scene. These investors hail from prominent firms like Female Founders Fund and Lerer Hippeau, as well as smaller ones like Chai Ventures, and are involved in sectors such as consumer tech, healthcare, and AI. Notable figures include Layla Alexander from Female Founders Fund, Talia Askowitz from Deerfield Management, and Lori Berenberg from Bloomberg Beta, among others. Many have been recognized in Forbes' 30 Under 30 list, highlighting their impact and potential in shaping the future of venture capitalism.

via TechCrunch|
#business#forbes30under30#newyork
technology1 year ago

Musk and Trump's DOGE Plans: Impact on Federal Budget and S&P 500

Silicon Valley venture capitalists, including Marc Andreessen, Joe Lonsdale, and Antonio Gracias, are reportedly being considered for roles in Donald Trump's transition team, particularly in the Department of Government Efficiency (DOGE) and a potential crypto advisory council. These VCs, known for their ties to Elon Musk and investments in tech and defense, are expected to help streamline federal programs and shape U.S. crypto policy. The DOGE committee aims to recommend program cuts and reduce federal employees, while facing potential legal challenges.

via TechCrunch|
#cryptopolicy#elonmusk#siliconvalley
technology1 year ago

Top VCs Eyed for New Trump Committees

Several Silicon Valley venture capitalists, including Marc Andreessen, Joe Lonsdale, and Antonio Gracias, are reportedly being considered for roles in Donald Trump's transition team and advisory panels. These panels, including the Department of Government Efficiency, aim to address technical challenges in federal data collection and recommend program cuts. Additionally, Andreessen Horowitz is in the running for a crypto advisory council to help shape U.S. crypto policy. Former Trump tech advisor Michael Kratsios is also involved in tech policy for the transition team.

via TechCrunch|
#cryptopolicy#elonmusk#siliconvalley
technology1 year ago

Bluesky's Rise: A Joyful, Billionaire-Proof Alternative to X

Bluesky, a burgeoning social network, is attracting interest for a new investment round following a rapid increase in users, now exceeding 20 million. This growth comes shortly after raising $15 million in Series A funding, initially expected to last two years. Bluesky's open architecture and user-friendly interface are seen as key factors in its momentum, appealing to both tech enthusiasts and general users. While traditional social media monetization strategies may not apply, Bluesky plans to explore revenue through usage and product features, potentially accelerated by further investment.

via Axios|
#bluesky#investment#socialmedia
technology1 year ago

Writer AI Secures $200M, Hits $1.9B Valuation for Enterprise Expansion

Generative AI startup Writer has raised $200 million in a Series C funding round, valuing the company at $1.9 billion. The funding, co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, will be used to enhance Writer's enterprise-focused AI platform. Writer, founded in 2020, has developed a full-stack generative AI platform with customizable products for various enterprise applications. The company has launched its own AI models, including Palmyra X 004, and focuses on AI agents and no-code development tools. Writer's client list includes major companies like Salesforce and Uber.

via TechCrunch|
#aimodels#enterpriseai#generativeai
business-and-finance2 years ago

"Goldman Sachs Secures $650M for Inaugural Life Sciences Venture Fund"

Goldman Sachs has established its first life sciences fund, West Street Life Sciences I, with $650 million to invest in various biotech startups, including those focused on genetic medicine, cell and immunotherapies, synthetic biology, AI, diagnostics, and life science tools. This move comes despite a challenging environment for raising first-time funds in the biotech sector, which saw a significant drop in fundraising totals for new VC funds in the previous year.

via STAT|
##biotechinvestment#business-and-finance