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Tech for Business

Venture debt lenders will play a big role in fire sales and startup shutdown this year, experts say

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When accounting startup Bench abruptly failed last month, the shutdown was forced when the company’s lenders called in the startup’s loan. In late 2023,...
Tech for Business

a16z has venture scouts scattered across Europe

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Despite news that Andreessen Horowitz closed its London crypto-focused office, the VC giant has dozens of scouts across Europe looking for early-stage startups, reports...
Tech for Business

Stargate will use solar and batteries to power $100B AI venture

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The massive $100 billion Stargate joint venture will reportedly be powered, at least in part, by solar and batteries. The renewable power installations will be...
Tech for Business

Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller

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Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to...
Tech for Business

Microsoft’s head of venture has resigned

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Chris Young, Microsoft’s head of business development and its venture unit, resigned from his role on Wednesday, the company said. Young led Microsoft’s M12 venture...
Business Insights

The Stargate Project: Trump and OpenAI announce $500 billion AI venture

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Tech for Business

Trump says he will delay TikTok ban, suggests a joint venture with US ownership

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TikTok went dark for users in the US on Saturday night, but it may not be gone for long. President-elect Donald Trump posted on Truth...
Tech for Business

Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing

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Global fashion brands grapple with excess inventory. ASOS, for instance, had over £1.2 billion of unsold products in 2022.  Mostly, these brands avoid reselling...
Tech for Business

Intel spins off its corporate venture arm, Intel Capital, into a standalone fund

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Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an “anchor investor.” In...
Tech for Business

A 24-year-old who exited his first company to Coinbase raises $3M for his next venture

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At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount.  Some founders...
Tech for Business

Venture funding remains stable in France thanks to AI startups

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Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to...
Tech for Business

A 24-year-old who exited his first company to Coinbase, raises $3M for his next venture

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At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount.  Some founders...
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