VC industry has become a better career for women over the past 7 years
All Raise released a report that said 18.6% of the top roles at leading VC firms are held by women, which is double what it was in 2018.
VC
Index Ventures’ Jahanvi Sardana shares the truth about TAM and what founders should focus on instead
Index Ventures partner Jahanvi Sardana has a reminder for all those founders worried about finding TAM for their product or service: many startups have emerged from markets that, at the time, were essentially nonexistent.
Betaworks’ third fund closes at $66M to invest in early-stage AI startups
New York City-based Betaworks has closed its $66 million Fund III, which will focus on investing in early-stage AI companies. Betaworks has been investing in AI since at least 2016 and, through its investment program Camp, has backed companies such as Huggingface and Granola. Jordan Crook, a partner at the firm (and former TechCrunch employee), […]
After raising over $3M, popular VC-backed beauty brand Ami Colé is shuttering
Diarrha N’Diaye-Mbaye, one of the first among the small number of Black women to raise more than $1 million in venture capital, hinted that one of the problems was tension between her and investors’ expectations of a consumer retail business.
Venture gets a rare Native American-led fund in Betsy Fore’s Velveteen Ventures
The firm will look to invest $500,000 to $4 million in 15-20 seed and Series A companies in the healthcare, climate, consumer, and community sectors.
Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself
Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I. Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing […]