After 10 years, the Female Founders Fund has returned its $5.85 million Fund I, according to Fortune. The news makes FFF one of the few diverse-focused funds to fully return a fund in a move that may boost the image of investing in women founders across Silicon Valley. Any further investments and exits to come […]
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BBG Ventures raised a new $60 million fund to support founders from “diverse backgrounds,” including gender, race, age, and class, Business Insider reported. The firm is known for backing exclusively women founders, and this new fund is a slight departure from that focus but comes as funding to diverse founders continues to dip. Crunchbase found that […]
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It’s become a common refrain in political discourse: Europe needs to take radical action to remain competitive. On the long list of potential reforms, one that’s gaining particular traction is a new, EU-wide corporate status for innovative companies. Known (somewhat obscurely) as the “28th regime,” the innovation is being billed as Europe’s answer to a […]
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The war in Ukraine has shown that warfare changes by the day. It’s also clear that the tech used to make war today is costly: While larger countries can afford legions of tanks, helicopters, and precision-strike systems, smaller nations find themselves scrambling for cheaper ways to defend themselves. Origin, a new defense tech startup out of […]
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Ruben Harris and Timur Meyster, the founders of the upskilling platform Career Karma, announced today the launch of the company OutRival, which offers a service that hosts and lets businesses build their own customer service agents to take on customer interactions. AI agent companies are hot right now, and AI is one of the only […]
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Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives […]
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