N26 losses widen after ramping up spending on fraud controls

The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its plat...

Coatue loses two more partners, including one who led firm’s crypto investments: The Information

Investment manager Coatue, with over $73 billion in assets under management, has reportedly lost two more general partners in recent months. Luca Schmid left the firm in August and Sebastian Duesterho...

Venture firm Bessemer counts on a decentralized network for deal flow

In the world of venture capital, an investor’s network is as good as her net-worth.  Venture investor Bessemer is hoping that a decentralized network of scouts will help it spot the most innovat...

Midas List Investor John Curtius Is Leaving Tiger Global Amid Ongoing Startup Slump

John Curtius departs Tiger Global after a five year stint that saw him back more than 250 startups. Courtesy of Tiger Global John Curtius is departing investment firm Tiger Global as the prolific inve...

Arthur Cheong’s DeFiance Capital raising $100 million to invest in liquid tokens

DeFiance Capital, the crypto venture capital firm that recently distanced itself from bankrupt crypto hedge fund Three Arrows Capital (3AC), is in the process of raising a $100 million fund to invest ...

India’s startup market has tremendous potential

India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said.  During a panel discussion at the Fo...

Talos targets expansion, hires for three key positions

Digital asset trading company Talos announced it will grow the ranks of its team with three strategic hires.  As it expands globally, Talos will bring in Frank Van Zegveld as head of sales for Europe,...

Robot Ventures taps UMA founder as partner

Pre-seed venture capital investment firm Robot Ventures hired a former Goldman Sachs trader Hart Lambur as a partner, the firm announced on Twitter.  Lambur is best known for co-founding crypto projec...

Spice VC expects Q4 first close in fund targeted at $250 million: Exclusive

Spice VC’s second venture fund is expected to have its first close mid-fourth quarter as it works toward a $250 million target, the firm’s founder told The Block. The target value is five times that o...

Venture funding for NFT and gaming firms jumped 66% from July to August

Funding for NFT and gaming-related venture deals jumped 66% in August from the previous month, according to The Block Research. In August, funding totaled $842 million compared to July’s $507 mi...

August Blockchain Funding Recap

September 12, 2022, 12:45PM EDT • 10 min read Quick Take Last month slightly more than $1.8 billion was allocated across 143 venture deals Venture funding in the blockchain sector has fallen for five ...

JPMorgan (JPM) fintech deal to acquire Renovite to battle Stripe and Block

The main entrance at JPMorgan’s headquarters in New York City. Erik McGregor | LightRocket | Getty Images JPMorgan Chase has agreed to acquire a payments startup called Renovite to fend off thre...

VC firm Bloccelerate aims to raise $100 million for new fund

Bloccelerate aims to raise $100 million for its new investment fund, the venture capital firm said in a new filing with the Securities and Exchange Commission. The Seattle-based VC raised $20 million ...

The Power Of CPG Brings A Steady ROI To VC Funds

Jen Zesut co-founder at Goodles, a portfolio company of Springdale Ventures. Springdale Ventures Nearly 70% of the US’s economy is driven by consumer spending. Yet, venture capital investment is...

Venturerock Launches $75 Million Sports Tech Venture Investment Company

Bob van Oosterhout (left) and Danny Cortenraede are spearheading Venturerock’s $75 million sports … [+] tech venture investment company. Courtesy of Robert Verboon With the global sports t...

Europe’s Public Markets Offer Happy Hunting Grounds For Private Tech Investors

The expansion of private markets – and the ready availability of capital to technology companies without having to list their shares publicly – has been a key development shaping the global digital ec...

Hashed taps ex-South Korean finance official to lead research institute

Crypto venture capital firm Hashed has appointed a former South Korean vice finance minister to head the company’s new research institute.  Hashed Open Research will connect blockchain experts a...

Ready Player Me raises $56 million from a16z and others

Ready Player Me, a platform that allows people to create virtual avatars that can be used across the metaverse, has raised $56 million in a Series B funding round amid the crypto funding slump. Andree...

Twelve makes jet fuel from CO2; signs deal with Microsoft, Alaska Air

Sustainable aviation fuel, commonly called SAF, has so far been expensive to produce, but new startups are now creating clean fuels out of carbon at a much cheaper cost. Now, new tax credits for clean...

Serena Williams pushes Selena Gomez’s startup to $100 million valuation

In the same Vogue feature where Serena Williams announced her possible retirement after the U.S. Open, the tennis star said she’ll continue to prioritize investment in women-owned businesses.  Days la...

Kaszek Ventures eyes more Latam digital assets after Bitso, Nubank

Kaszek Ventures, one of Latin America’s most active venture capital firms, recently invested in an unnamed DeFi and crypto banking solutions company and is eyeing more digital asset investments. Manag...

Next Billion-Dollar Startups 2022

With markets down and tech investors skittish, it’s been a challenging year for young, venture-backed startups. These 25 represent the ones we think have the best chance of reaching a billion-dollar v...

In A Tough Year For Tech Firms And Venture Funding, Why These 25 Should Prosper

Instawork cofounder and CEO Sumir Meghani: The former Groupon exec now runs a startup that helps match hourly workers with companies that need them. ROBERT GALLAGHER FOR FORBES While we were choosing ...

With Fuel Costs High, Trucker-Focused Fintech AtoB Reaches $800 Million Valuation

AtoB cofounders (left to right) Harshita Arora, Vignan Velivela and Tushar Misra AtoB For the nation’s 3.4 million truck drivers, fuel costs are a huge deal. San Francisco-based startup AtoB aims to h...

With Data Centers Expanding, Semiconductor Startup Astera Labs Is On Track For $100 Million In Revenue This Year

Astera Labs cofounders (left to right) Sanjay Gajendra, Jitendra Mohan and Casey Morrison Astera Labs Astera Labs’ cofounders Jitendra Mohan, Sanjay Gajendra and Casey Morrison met at Texas Instrument...

WeWork’s Adam Neumann secures millions in funding for his new company Flow

Adam Neumann is back. The billionaire businessman who founded office-sharing company WeWork Inc. WE, -4.70% is back with another company called Flow, a residential real estate company attempting to ad...

The SoftBank Experiment Has Failed. Time to Go Private?

Softbank CEO Masayoshi Son on $24 billion of new losses: “I am quite embarrassed and remorseful.” Str/Jiji Press/AFP/Getty Images Text size The stock market can be a humbling place—just ask Masayoshi ...

Solana MEV infrastructure developer Jito Labs raises $10 million

Jito Labs, a crypto startup building infrastructure to mitigate the negative impact of maximum extractable value (MEV) on Solana, has raised $10 million in a Series A funding round. Sharing the news e...

Asian web3 accelerator LongHash Ventures announces $100 million fund

LongHash Ventures, one of the top venture funds for Asian web3 startups, announced a new $100 million fund on Wednesday.   LongHash Ventures Fund II was funded by Hashkey Capital, NGC Ventures, Protoc...

‘Forget the past three years’

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the marke...

Creator financier CreatorDAO raises $20 million in seed funding from a16z 

CreatorDAO, a decentralized organization that provides financial and technological support for creators, has raised $20 million in seed funding.   The crypto-friendly venture firm a16z and Initialized...