With a portfolio including Acorns, Sweetgreen and Ro Health, Torch Capital raises $60M for its first fund – TechCrunch

Jonathan Keidan, the founder of Torch Capital, had already built a portfolio that included Acorns, Compass, Digital Ocean and Sweetgreen, before he raised single dollar for his inaugural venture capital fund, which just closed with $60 million. Keidan, a consummate networker who began his professional career as a manager working with acts like The Nappy…

Forerunner just led a $3.5 million round for Homeroom, a software platform for after-school enrichment programs – TechCrunch

San Francisco-based Forerunner Ventures is best known for its long string of bets on successful and fast-growing consumer companies. Now, its newest partner, Brian O’Malley, who has a knack for finding startups that straddle both the consumer and enterprise worlds, has written his first check on behalf of the firm, and it’s largely in that…

San Francisco takes the final steps toward becoming the first U.S. city to ban vaping product sales – TechCrunch

San Francisco’s Board of Supervisors unanimously approved an ordinance today that prohibits the sale of e-cigarettes within the city. If signed into law, the new legislation would amend the city’s health code, making it illegal for stores to sell vaping products or for online retailers to ship them to San Francisco addresses, which means it…