Venture fund founder sues PayPal, alleging racial discrimination

PayPal is being sued by the founder of venture firm Andav Capital, Nisha Desai, who claims she was excluded from the payment giant’s diversity and equity program because she is…

Humba Ventures raises $40M fund to invest in deep tech, defense tech 

Humba Ventures said today it has raised $40 million to invest in deep tech and defense tech startups. It is a sister-firm to Susa Ventures, the seed-stage firm that has…

A comprehensive list of 2024 and 2025 tech layoffs

The tech layoff wave continued through 2024. Following significant workforce reductions in 2022 and 2023, 2024 saw more than 150,000 job cuts across 542 companies, according to independent layoffs tracker…

GV, the VC team backed by Google, has a broad remit, but it can’t do one thing

David Krane is in an enviable position. As the CEO of GV, the venture firm that is funded entirely by Google to the tune of $1 billion a year, his…

VCs on how to ‘survive and thrive’ after a down round

Founders hope that their startups continually raise larger funding rounds at escalating valuations. But unexpected challenges, such as a global health crisis or a sudden surge in interest rates, can…

Itching to write a book? AI publisher Spines wants to make a deal

Generative AI has upended how we write things, or even if we write at all. Now a startup wants to be the main character in the next chapter of that…

Reveal Technology raises $11M to scale ‘decision dominance’ tools for DOD

Military operators need to rapidly make decisions in high-stakes environments, but they’re often stuck with technology that’s unable to deliver accurate information about their surroundings. Military leaders have made clear…

‘It’s dumb to IPO this year’: Databricks CEO explains why he’s waiting to go public

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the…

OpenAI investor Josh Kushner praises Musk, despite Musk’s OpenAI lawsuit

Elon Musk may be suing OpenAI, accusing the ChatGPT maker of abandoning the company’s original mission as a nonprofit organization, but Josh Kushner, founder of Thrive Capital and one of…

Time4 is a new Daphni-backed fund dedicated to French entrepreneurs with diverse backgrounds

France’s startup ecosystem has grown significantly over the last decade, thanks to public support and private investment. However, capital isn’t evenly distributed. Most venture-backed startups are Paris-based, with founders who…