Category: Startup

Startup related news

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VC fund performance is down sharply — but it may have already hit its lowest point | TechCrunch

While not a perfect gauge, data from the San Francisco Employees’ Retirement System shows overall fund performance is depressed.’ Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent data from the San Francisco Employees’ … Continue reading VC fund performance is down sharply — but it may have already hit its lowest point | TechCrunch

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3 charts: The US has more startups than VCs can support – PitchBook

2024 may well become the year of the bootstrapped founder. The startup “mass extinction event” that doomsayers have predicted for two years is likely to ramp up in 2024. New founders facing a brutal funding environment may instead opt to bootstrap their growth. Over 55,000 VC-backed companies are operating in the US right now, according … Continue reading 3 charts: The US has more startups than VCs can support – PitchBook

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Here Are The 13 Indian Startups That Entered The Unicorn Club In 2022

Not even three months into 2022, India has already seen 13 new unicorns — Fractal, LEAD, Darwinbox, DealShare, ElasticRun, Livspace, Xpressbees, Uniphore, Hasura, CredAvenue, Amagi, Oxyzo, and Games24x7 The total count of Indian tech startups that have entered the unicorn club to date stands at 99 These unicorns have raised a total of $83 Bn … Continue reading Here Are The 13 Indian Startups That Entered The Unicorn Club In 2022

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Plotlogic scoops up $18M to put hyperspectral imaging to work in the mines | TechCrunch

Mining is one of the oldest industries out there, but it has increasingly embraced high-tech methods as demand has increased. Plotlogic uses hyperspectral imaging, a technique generally found in labs and satellites, to add a new layer of data and automation to these crucial but often dated operations. Hyperspectral imagery is basically a photo that … Continue reading Plotlogic scoops up $18M to put hyperspectral imaging to work in the mines | TechCrunch

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Has Y Combinator’s new deal changed the early-stage investing game? | TechCrunch

Has Y Combinator truly changed the early-stage startup investing game, perhaps in its own favor? Or did it merely provide more time to its portfolio companies to reach their next stage of maturity? Y Combinator’s newly announced plan to invest more capital into startups that take part in its accelerator program is more controversial than many … Continue reading Has Y Combinator’s new deal changed the early-stage investing game? | TechCrunch

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Why 2021 was a breakout year for Latin America’s VC ecosystem | PitchBook

VCs have invested $14.8 billion in Latin American companies in 2021, more than the previous six years combined. What are the biggest factors driving growth in the startup ecosystem? In 2018, Marcelo Claure, COO of SoftBank Group and a native of Bolivia, realized something peculiar. The Vision Fund, SoftBank’s nearly $100 billion vehicle, was making investments … Continue reading Why 2021 was a breakout year for Latin America’s VC ecosystem | PitchBook

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E-commerce aggregator Merama gets its horn after just 12 months in business | TechCrunch

The company touts this new round of funding as “the largest Series B round ever raised in Latin America.” When it comes to investment in e-commerce aggregators in Latin America lately, when it rains, it pours. Merama, which acquires or launches Latin American digital brands, hit a $1.2 billion valuation — just 12 months after … Continue reading E-commerce aggregator Merama gets its horn after just 12 months in business | TechCrunch

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Grammarly raises $200M at a $13B valuation to make you an even better writer using AI | TechCrunch

Grammarly, the popular auto-editing tool for writing, has raised $200 million in funding at a $13 billion valuation from new investors including Baillie Gifford and funds and accounts managed by BlackRock, among others. The company plans to use the investment to accelerate product innovation and team growth. “We believe this funding round is a great … Continue reading Grammarly raises $200M at a $13B valuation to make you an even better writer using AI | TechCrunch