There aren’t many growth funds in Europe, but one of them now has fresh capital to invest in enterprise companies: German investment management firm DTCP held the final […]
What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture
StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries […]
The ‘valley of death’ for climate lies between early-stage funding and scaling up
Jonathan Strimling faced a dilemma. His company had spent nine years working on chemical processes that could turn old cardboard boxes into high-quality building insulation. The good news […]
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised […]
Greenly lands $52M to help smaller companies track CO2 emissions
Plenty of major corporations have announced net-zero emissions targets. And while that alone won’t be enough to move the needle on climate change — for that, we’ll need […]
LACERA decreases venture capital allocation range, cites market conditions
Analysts say this is likely more of a one-off than a sign that LP interest in venture is waning. Rebecca Szkutak 7 hours The Los Angeles County Employees […]
New report confirms Europe’s tech investment doldrums, but there are signs of life
Europe is suffering from a big hangover after the tech investment party of the 2020-2021 period. That said, compared to pre-pandemic levels, VC investment in European startups is […]
Mews, the hotel SaaS startup, books $110M at a $1.2B valuation
Tourism continues to bounce back in the wake of Covid-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time since 2020. That’s having […]
Fintech giant Stripe’s valuation spikes to $65B in employee stock-sale deal
Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion […]
Inside Brex’s efforts to burn less cash
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at Brex’s latest round of layoffs, the state of fintech investing in 2023 and […]