Coinbase announces USDC Bootstrap Fund to support DeFi projects – gpgmail

[ad_1] Coinbase is announcing a new initiative called the USDC Bootstrap Fund. As the name suggests, the company wants to support developers with a fund composed of USDC tokens. DeFi, or Decentralized Finance, is a recent trend in the blockchain space. DeFi projects are traditional financial products that you’d expect from a traditional bank, such […]

Work Life Ventures raises $5M for debut enterprise SaaS seed fund – gpgmail

[ad_1] Brianne Kimmel had no trouble transitioning from angel investor to general partner. Initially setting out to garner $3 million in capital commitments, Kimmel, in just two weeks’ time, closed on $5 million for her debut venture capital fund Work Life Ventures. The enterprise SaaS-focused vehicle boasts an impressive roster of limited partners, too, including […]

New investment firm wants to change the way we fund early stage companies — from New Hampshire – gpgmail

[ad_1] The three founders of York IE have a vision about how to change the way early stage startups get funding. They have experience shattering norms, having built a successful startup, Dyn, in Manchester, New Hampshire, which is not exactly a hot-bed of startup activity. The founders want to take that same spirit and apply […]

Foundation Capital, now 24 years old, just closed its ninth fund with $350 million in capital commitments – gpgmail

[ad_1] Not all venture firms are long for this world. Though they tend to shut down exceedingly quietly, it sometimes happens when the returns just aren’t compelling or a firm grows too fast or there’s infighting or there’s not a solid succession plan. Foundation Capital, founded in 1995, had its own kind of reckoning in […]

Drivetime nabs $11M from Makers Fund, Amazon and Google to build voice-based games for drivers – gpgmail

[ad_1] Fully autonomous cars may (or may not) be just around the corner, but in the meantime, a startup that’s building in-car apps to help human drivers pass the time when behind the wheel has raised a round of funding. Drivetime — which makes voice-based trivia quizzes, games and interactive stories that people can play while […]

Reefknot Investments launches $50 million fund to invest in logistics and supply chain startups – gpgmail

[ad_1] Reefknot Investments, a joint venture between Temasek, Singapore’s sovereign fund, and global logistics company Kuehne + Nagel, announced today the launch of a $50 million fund for logistics and supply chain startups. The firm is based in Singapore, but will look for companies around the world that are raising their Series A or B […]

Accion Venture Lab launches $23M inclusive fintech startup fund – gpgmail

[ad_1] Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for […]

Presight Capital raises $80M fund to connect US startups with Europe – gpgmail

[ad_1] Presight Capital, the international venture arm of Aperion Investment Group, is announcing that it’s closed its first fund of $80 million. Aperion is the family office of German entrepreneur Christian Angermayer (pictured above), who previously co-founded pharmaceutical company Ribopharma. Angermayer told me he sees his investments as a way for him to continue building […]

Should your new VC fund use revenue-based investing? – gpgmail

[ad_1] More posts by this contributor Revenue-based investing: A new option for founders who care about control How To Run Your Company Based On Metrics You’re working on launching a new VC fund; congratulations! I’ve been a traditional equity VC for 8 years, and I’m now researching revenue-vased investing and other new approaches to VC. […]

SoftBank reportedly plans to lend employees as much as $20 billion to invest in its VC fund – gpgmail

[ad_1] SoftBank has a plant to loan up to $20 billion to its employees, including CEO Masayoshi Son, for the purposes of having that capital re-invested in SoftBank’s own Vision venture fund, according to a new report from the Wall Street Journal. That’s a highly unusual move that could be risky in terms of how […]