Heartcore Capital closes $180M fund to pivot toward infrastructure, synthetic biology, climate
Back in the heady days of 2021, Heartcore Capital planned to focus on consumer technology with a $200 million fund. Fast-forward to 2024, and its latest fund will now “leaven…
Ukranian Hackers Managed to Nearly Destroy Russian Internet Provider
A regional Russian internet provider named Nodex was infiltrated and almost completely destroyed in an attack by a Ukranian hacking group. Nodex confirmed the attack in a statement on Russian…
Lead Edge is increasingly steering its 700+ investors away from VC deals
Mitchell Green worked variously in investment banking, as an analyst with Bessemer Venture Partners, and for a hedge fund backed by Tiger Management before striking out on his own in…
Fly Ventures sets its eyes on technical founders with a fresh €80M fund
Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53…
Why Marc Andreessen was ‘very scared’ after meeting with the Biden administration about AI
After famed investor Marc Andreessen met with government officials about the future of tech last May, he was “very scared” and described the meetings as “absolutely horrifying.” These meetings played…
Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund
Tacora Capital, a Texas firm that specializes in venture debt, has raised $268.7 million for its second fund, according to a new SEC filing. Tacora’s inaugural fund in 2022 raised…
The Lenovo Legion Go S Is the First Non-Valve Handheld With SteamOS
Lenovo is going for broke on its Legion Go lineup. The company’s first handheld was perfunctory, though innovative, and the all-new Legion Go S will be much more familiar to…
Google Wants to Simulate the World With AI
Apparently not content with its grip on this world, Google is in the process of staffing up its DeepMind research lab to build generative models that are capable of simulating…
A new disclosure shows, again, how badly Tiger’s ‘spray and pray’ fund performed
Tiger Global famously fueled the pandemic-era venture capital boom, investing heavily in a wide range of startups, setting up bidding wars for even the most unproven startup that led to…
Developer of Gas and tbh’s New App Turns iMessage Into Snapchat
Apple has a tendency to figure out ways to kill popular apps, but this time, someone else has done the work for them. Nikita Bier, an app maker with the…