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Venture capital undermines human rights

TechCrunch

The venture capitalists who run these firms decide which startups today will develop the new platforms and technologies that will shape our lives tomorrow. As of 2019, 81% of all venture capital funds worldwide are clustered in just a handful of countries, primarily in the U.S., We all live in a world shaped by venture capital.

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How African startups raised investments in 2020

TechCrunch

To understand how much growth has occurred, African startups raised a meagre $400 million in 2015 compared to the $2 billion that came into the continent in 2019, according to Africa-focused fund Partech Africa. Did African startups raise $496M, $1B or $2B in 2019? billion in 2019. billion and $1.8 billion and $1.8

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AllSpice thinks hardware developers lack their own ‘GitHub,’ so it is building one

TechCrunch

AllSpice , a collaborative hub designed for hardware development, came out of private beta on a mission to build a DevOps ecosystem inspired by GitHub. Founders Valentina Ratner (formerly Toll Villagra) and Kyle Dumont met at Harvard while both were getting a joint engineering master’s and MBA in 2019. Image Credits: AllSpice.

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Flippa raises $11M to match online asset and business buyers, sellers

TechCrunch

The company also offers due diligence and acquisition financing from Thrasio-owned Yardline Capital and a new service called Flippa Legal. in 2019, driven largely by the global pandemic as sales shifted online while brick-and-mortar stores closed. Our strategy is verification at the source, i.e. data,” Hutchison said.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

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Qapita, a developer of equity management software for startups, raises $5M led by MassMutual Ventures

TechCrunch

Its software platform helps private companies digitize and manage cap tables, perform due diligence and issue equity to employees. Qapita was founded in 2019 by Ravi Ravulaparthi, Lakshman Gupta and Vamsee Mohan, and has since grown its team to 30 people.

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TechCrunch+ roundup: Crypto tax prep, no-code survey, 4 VCs discuss how to pitch them

TechCrunch

But startup-land is different: before a founding team can breathe life into their great idea, someone must first show investors exactly how that idea solves an existing problem and generates enough revenue that it’s worth the risk and paperwork. 6 technologists discuss how no-code tools are changing software development.