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Venture capital undermines human rights

TechCrunch

The future of technology is determined by a handful of venture capitalists. The world’s 10 leading venture capital firms have, together, invested over $150 billion in technology startups. As of 2019, 81% of all venture capital funds worldwide are clustered in just a handful of countries, primarily in the U.S.,

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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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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. We also see AI being used in the biologics space, although the technology is used there far earlier. We are many more above this.

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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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‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups

TechCrunch

But Playfair transitioned into more of a pre-seed firm with its second fund announced in 2019 , a focus that it’s maintaining for its new £57 million ($70 million) third fund, which it’s announcing today. ” A large chunk of early-stage deals fall apart in the due diligence phase. .

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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.

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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

NordVPN and the other security and identity management products that Nord sells — they include the NordPass password manager, NordLocker for cloud sync and storage, NordLayer for network access for businesses and developer tools to build custom VPNs — have collectively grown to 15 million users over the years. firm Versprite. .”