61 posts tagged ‘Venture’
Accel could raise billions for India, but it’s sticking to $650 million
TechCrunch,
Accel has maintained its India fund size at $650 million for its eighth vehicle, even as other venture firms in the region are racing to raise increasingly larger pools of capital. The firm had ample opportunity to raise “multi-billion dollars,” said Shekhar Kirani, partner at Accel, in an interview with TechCrunch. But unlike peers who […] © 2024 TechCrunch. All rights reserved. For personal use only.
From forced landings to stuffed animal heads, headhunter Peterson Conway is defense tech’s wildest power broker
Conway has recruited for some of the buzziest defense and hard tech firms in Silicon Valley over the last decade, like Palantir and Mach Industries. © 2024 TechCrunch. All rights reserved. For personal use only.
What will this year bring in VC? We asked a few investors
A new year brings with it hope for a better tomorrow — kind of, at least. In the world of venture capital, nothing is quite predictable. The number of firms in the U.S. has taken a sharp dip as risk-averse institutional investors splash money on only the biggest names in Silicon Valley, as reported by […] © 2024 TechCrunch. All rights reserved. For personal use only.
Generative AI funding reached new heights in 2024
If there was any doubt, the generative AI bubble did not burst in 2024. Investments in generative AI, which encompasses a range of AI-powered apps, tools, and services to generate text, images, videos, speech, music, and more, reached new heights last year. According to data from financial tracker PitchBook compiled for TechCrunch, generative AI companies […] © 2024 TechCrunch. All rights reserved. For personal use only.
Venture fund founder sues PayPal alleging racial discrimination
PayPal is being sued by the founder of venture firm Andav Capital, who claims she was excluded from the payment giant’s diversity and equity program because she is Asian, according to a suit filed this week. In 2020, PayPal made a $530 million commitment to support more Black and minority-led businesses in the wake of […] © 2024 TechCrunch. All rights reserved. For personal use only.
Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund
Tacora Capital has raised its second fund, after Peter Thiel backed its first fund with $250 million. © 2024 TechCrunch. All rights reserved. For personal use only.
Accel closes $650 million for new India fund
Accel has raised $650 million for its eighth India fund as the U.S. venture firm expands its investment strategy in the South Asian market. The new fund follows the firm’s seventh India fund secured in March 2022. Accel — which has backed companies including e-commerce group Flipkart, food delivery platform Swiggy, and software group Freshworks […] © 2024 TechCrunch. All rights reserved. For personal use only.
Sequoia marks up its 2020 fund by 25%
Sequoia says no exits, no problem. The Silicon Valley titan of venture marked up the value of its 2020 Sequoia Capital U.S. Venture XVII fund by 24.6% in June, at the end of a 12-month period, according to PitchBook, which ran analysis on data from the Regents of the University of California’s endowment. Sequoia’s markup […] © 2024 TechCrunch. All rights reserved. For personal use only.