Tag: venture

Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited partner...

Brand-new women’s focused Swizzle Ventures skyrockets past its fundraising target

Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch.  Back...

a16z stands by decision to hire Daniel Penny

Andreessen Horowitz is defending its decision to hire Daniel Penny, according to an investor memo seen by The New York Times.  The venture capital...

Climate tech matured in 2024 as investors favored bigger rounds, later stages

Climate tech may have had a down year in 2024, but new data also shows a maturing sector with larger deal sizes. Venture investment...

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

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

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

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