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Category: Venture

AI, Artificial Intelligence, data, Enterprise, enterprise tech, Global IT News, Global Security News, Startups, Venture, venture capital

From AI agents to enterprise budgets, 20 VCs share their predictions on enterprise tech in 2025

While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI adoption by enterprises, that didn’t play out as…

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accounting, bench, Fintech, Global IT News, Global Security News, SaaS, Startups, Venture

Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website.   “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and may…

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AI, Global IT News, Global Security News, HubSpot, Index Ventures, Jasper, Salesforce, signalfire, Startups, Venture, Zoominfo

AI sales rep startups are booming. So why are VCs wary?

When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes.  But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs.…

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evergreens, Founders Fund, Global IT News, Global Security News, investors, Keith Rabois, Startups, Venture, venture capital

Venture capitalists continue to play musical chairs

From Keith Rabois to Matt Miller, a lot of VCs have switched firms or spun out of storied VC institutions this year. These employment changes are surprising because unlike in many other fields, venture capitalists don’t traditionally move around very much — especially those who reach the partner or general partner level. VC funds have…

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Bluesky, Global IT News, Global Security News, Peter Wang, Skyseed fund, Social, Startups, Venture

Meet Skyseed, a VC fund and incubator backing the Bluesky and AT Protocol ecosystem

On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to support experimental projects built on the burgeoning Bluesky/AT Protocol ecosystem. Four weeks later, Skyseed emerged with an initial commitment of $1 million. This turnaround, a speed underscored by the fact that the fund doesn’t even have a website…

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Exclusive, femtech, Global IT News, Global Security News, Swizzle Fund, Venture, Women's Finance

Swizzle Fund raises $5M for inaugural fund addressing women’s health and wealth

There is a new venture fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just a little more than $5 million for its Fund I, according to an SEC filing. There was no target raise amount.  The firm, which quietly opened in 2023, is an early-stage…

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electricity, Global IT News, Global Security News, Hydrogen, power, storage, Venture

Energy Revolution Ventures’ $18M fund lays a bet on ‘new chemistry’ startups in energy and hydrogen

What happens when a chemical engineer, who’s previously built a hydrogen-powered drone, becomes a venture capitalist? Energy Revolution Ventures, that’s what. The VC has now closed an $18 million Seed and Series A fund to invest in deeptech, such as energy storage, carbon capture, and, yes, hydrogen technologies.  Marcus Clover, Co-Founder and Partner at ERV…

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Europe, Global Security News, Robin Capital, Robin Haak, solo GP, sologp, VC, Venture

European Solo GP Robin Capital closes first fund with €15M to play with

Robin Capital — the Germany-based, Solo GP-led VC fund by former entrepreneur Robin Haak — has hit its final close of ‘Robin Fund One’ at €13 million. Combined with its additional growth-focused investment vehicle of €2m, the fund now has a total of €15 million to play with. In the realm of European Solo GPs,…

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Europe, Global Security News, Klarna, London, matt miller, Sequoia Capital, Venture, venture capital

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics…

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Asia Pacific, china, future union, Global Security News, humba ventures, Russia, Venture

Over 20 venture firms pledge to not take money from China, Russia 

Founders now have a way to ensure that their investors haven’t taken money from countries like China, Russia, Iran or Cuba.  Over 20 venture firms have signed the Clean Capital Certification, attesting that they have not and will not take money from foreign adversaries. Some of the firms that have signed include Marlinspike Partners, Humba…

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felix capital, Global IT News, Global Security News, Julien Codorniou, Venture

Felix Capital’s Julien Codorniou to join 20VC as general partner

Just a few weeks after 20VC announced its third investment vehicle, TechCrunch has learned from multiple sources that the relatively new VC firm based in London is gaining a new general partner. Julien Codorniou is leaving Felix Capital, where he has been a founding advisor since 2015 and a partner since 2021, to join 20VC…

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AI, Fundraising, Global IT News, Global Security News, Venture

‘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 company’s highly anticipated IPO. During an event in San Francisco on Tuesday night, Databricks CEO Ali Ghodsi explained why he’s waiting until at least 2025…

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Global IT News, Global Security News, Hexa, Reki, Startups, Tandem, Venture

Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas…

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Exclusive, Global IT News, Global Security News, Jay Z, Marcy Venture Partners, roc nation, Venture

Jay Z’s Marcy Venture Partners merges with investment arm of Pendulum Holdings

Jay Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holding’s investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a MarcyPen spokesperson confirmed to TechCrunch. The newly formed MarcyPen Capital Partners has $900 million in assets under management, according to Pitchbook.  MarcyPen’s spokesperson declined to comment further on…

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Global IT News, Global Security News, Venture

Arlan Hamilton announces changes at Backstage Capital, will step into advisory role

Arlan Hamilton, founder of Backstage Capital, announced Friday that her role at the firm she started in 2015 will evolve.  “After 12 years of being deeply involved in the day-to-day operations, I’ve decided to transition into a chairperson and advisory position,” she wrote in a statement released online. She was previously a managing partner at…

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Crypto, Exclusive, fbi, feuds, Founders Fund, Global IT News, Global Security News, Kalshi, Polymarket, presidential election, social media, Startups, Venture

Kalshi CEO admits enlisting influencers to dis Polymarket in a now-deleted podcast segment

Kalshi’s CEO, Tarek Mansour, confirmed on a podcast interview that his employees did ask social media influencers to promote memes about the FBI’s raid on the home of his arch rival, the CEO of Polymarket.  Both of these companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes…

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