venture – Product Management Confabulation

July 3, 2024

Deep tech VC Sidney Scott explains why he’s closing his firm as this area booms

With increasing competition for what is, essentially, still a small number of hard tech and deep tech deals, Sidney Scott realized it would be a challenge for smaller funds like his.

July 2, 2024

Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups

The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise. But Industry Ventures’ latest fundraise should offer a dash of good news for emerging managers. On Tuesday, the 24-year-old firm announced […]

July 2, 2024

Husband-and-wife former Olympians target $50M for new fund to invest in influencer-led consumer brands

Samyr Laine and Ayanna Alexander-Laine now put their grit and determination to work for founders wanting to launch and scale consumer brands.

July 2, 2024

Sensorita uses digital twins to help waste management companies streamline construction waste

The amount of waste produced by the construction industry adds up to more than a third of the overall waste produced each year in the European Union. And it’s no better in the U.S. Stateside, the construction industry produces more than double the waste that households do each year. Sensorita wants to help the construction […]

July 1, 2024

Senators urge Synapse’s owners, partners, and VC backers to restore customers’ access to their money

A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the senators implicated both the partners and investors of the company as being responsible for missing customer funds. In a letter shared publicly on Monday, U.S. […]

June 30, 2024

Identity.vc is bringing capital and community to Europe’s LGBTQ+ venture ecosystem

Identity.vc writes checks that range from €250,000 to €1.5 million into companies from the pre-seed to Series A stages.

June 30, 2024

Defense tech and ‘resilience’ get global funding sources: Here are some top funders

We live in a very different world since the Russian invasion of Ukraine in 2022 and Hamas’s Oct. 7 attack on Israel. With global military expenditure reaching $2.4 trillion last year, startups are hoping to get a share of the pie, and formerly reluctant investors are keen to help them do so. The U.S. budget […]

June 29, 2024

Matrix rebrands India, China units for ‘organizational independence’

Matrix is rebranding its India and China entities, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners India will rebrand to Z47 and Matrix Partners China will rename itself MPC. The unexpected rebranding takes effect July 1. Notably, Matrix’s announcement referred to […]

June 28, 2024

Kleiner Perkins announces $2 billion in fresh capital, showing that established firms can still raise large sums

Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large funds. On Friday, Kleiner Perkins announced that it closed on more than $2 billion in fresh capital across two funds, a slight increase from the 52-year-old firm’s […]

June 28, 2024

All VCs say they are founder friendly; Detroit’s Ludlow Ventures takes that to another level

VCs Jonathan Triest and Brett deMarrais see their ability to read people and create longstanding relationships with founders as the primary reason their Detroit-based venture firm, Ludlow Ventures, is celebrating its 15th year in business. It sounds silly, attributing their longevity to what’s sometimes called “Midwestern nice.” But is it crazy? Maybe not. Before Ludlow, […]