Chingona Ventures, a three-year-old, Chicago-based venture outfit that invests in pre-seed startups, primarily in the Midwest and primarily founded by overlooked individuals who are focused on massive markets, has closed a new fund with $52 million in capital commitments. Limited partners in the new fund include PayPal Ventures, Norwest Venture Partners, Melinda Gates’s Pivotal Ventures,…
Chingona Ventures, a three-year-old, Chicago-based venture outfit that invests in pre-seed startups, primarily in the Midwest and primarily founded by overlooked individuals who are focused on massive markets, has closed a new fund with $52 million in capital commitments. Limited partners in the new fund include PayPal Ventures, Norwest Venture Partners, Melinda Gates’s Pivotal Ventures,…
The market for startup investment has changed. From the hottest year in startup venture capital history to a period of pessimism, how did we get to where we are today? The following digest of TechCrunch coverage looks to answer that question. We start with a historical run of stories beginning last December, threading through the…
We know all you climate-crisis warriors out there are busy trying to save the planet. But take five minutes right now to save $200 on a pass to TC Sessions: Climate 2022 (featuring the Extreme Tech Challenge 2022 Global Finals). Pro Tip: You have just 24 hours left to save $200 on the price of…
Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between China and the US heighten. Nio said on Friday that it is seeking a secondary listing of its Class A ordinary shares “by way of…
Lyft is bringing back shared rides to San Francisco, San Jose, Denver, Las Vegas and Atlanta this May, the company announced on Thursday, noting that the popular reduced fare service will be expanding to other markets in phases throughout the year. The company originally abandoned its carpooling service in March 2020 when the pandemic made…
Before you open the doors for due diligence: Is your financial house in order? Bill Petty is a partner at Tercera. He is responsible for sourcing, executing and monitoring investments in third-wave services businesses. Are you a founder looking to raise capital? If so, before you open the door to potential investors, your financial house…
Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor As Dropbox heads into earnings, it desperately needs a win Here’s how far startup valuations fell in Q1 2022 The leading story in technology-land this morning is the multi-billion dollar exit of Deliverr, a…
French startup Alan has raised a new €183 million funding round ($193 million at today’s exchange rate). The company sells its own health insurance products and has expanded to other medical products and services. In other words, Alan wants to build a healthcare super app and a one-stop shop for all your questions and needs…
Hikvision shares fell by 10% after a Financial Times report that the Biden administration is planning to impose more sanctions on the surveillance camera company, accusing it of enabling human right abuses. The Financial Times reports that the sanctions would have “far-reaching consequences because companies and governments that deal with Hikvision… would risk violating U.S.…
