As YC retreats from Africa, alumni launch accelerators to fill the gap

The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and began to accept startups from the region into its…

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 investor.” In a press release on Tuesday,…

Blue Bear Capital lands $160M to back AI founders in climate, energy, and industry

It’s a truism in the climate tech world that hardware is paramount. After all, you can’t curb carbon pollution without fixing cement, steel, hydrogen, and more. But as with anything…

Khloé Kardashian and Kris Jenner are raising money for a new consumer startup

Khloé Kardashian and Kris Jenner are looking to raise $10 million for a new business called Khloud, according to an SEC filing.  Per the filing, which was listed on Tuesday,…

Marlon Nichols talks relationship building in the African markets

Marlon Nichols took the stage at AfroTech last week to discuss the importance of building relationships when it comes to entering into a new market. “One of the first things…

South Park Commons is raising $40M for an India-specific fund

South Park Commons, a Silicon Valley collective of engineers, founders, and researchers, is raising an India-specific fund over six months after entering the South Asian market in June, according to…

Las Vegas sheriff tells a16z partners what’s next on his wish list: AI for bodycams

Las Vegas police have received funding for tech like drones, license plate readers, and more from Andreessen Horowitz partner Ben Horowitz. Next on its wish list? Artificial intelligence to go…

Stephen Curry’s Penny Jar Capital files to raise a Fund II

Penny Jar Capital, the early-stage firm founded by Bryant Barr and Richard Scudellari and where basketball star Stephen Curry serves as a special adviser, has filed to raise a Fund…

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…

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…