Illumen Capital is doubling down on its support for fund managers and founders from underrepresented communities. The firm is an impact fund of funds that has previously supported ways to address racial bias in investing. Yesterday, the firm, founded by Daryn Dodson, announced the raise of a $32.75 million “Catalyst Fund “to once again support […]
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Crusoe Energy, a startup building data centers reportedly to be leased to Oracle, Microsoft, and OpenAI, is in the process of raising $818 million, according to an SEC filing. The filing indicates that Crusoe has secured $686 million of the $818 million total that it hopes to raise. Seventy investors have contributed to the tranche […]
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Intudo, the Indonesia-only venture capital firm, said it has raised $125 million across two investment funds — $75 million for Intudo Ventures IV, and $50 million for another fund that will invest in downstream natural resources and renewable energy. Intudo said Fund IV will invest in Indonesian startups that take advantage of the country’s location, […]
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The recent U.S. election might appear bad for climate tech, but the energy transition has enough financial momentum that experts aren’t expecting investment trends to change anytime soon.
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U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds,” which spans seed and growth equity funding, […]
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Bose gave up on Sleepbuds after two generations. It was a sad, premature end for a promising product. The headphone maker came closer to creating a truly great pair of sleep headphones than anyone else. Ultimately, however, it seems the company was no longer interested in pursuing the product, which proved a major setback for […]
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The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. The fund was conceived in partnership with Kapor Capital and Kapor Center, along with nine other venture fund managers. Last year, Crunchbase found that Black founders raised less than 1% of […]
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Fintech lending startup SoLo Funds is facing a new class action lawsuit according to a copy seen by TechCrunch.
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