There’s a new venture studio in the world that looks rather different from earlier venture studios from a structural standpoint. Unlike renowned outfits like Atomic or Science or Expa that create companies that then sell equity to VCs who expect that equity to rise in value, this new studio, SuperLayer, plans to spin up consumer…
Jonathan Greechan Contributor Jonathan Greechan is CEO and co-founder of the world’s largest pre-seed accelerator, Founder Institute. More posts by this contributor Do you fit the mold for the next generation of values-driven VCs? These best practices maximize the value of your online events Earlier this year, a report from the EU showed that 42%…
Amazon disclosed Friday that it owns a 20% stake in Rivian, the electric automaker that filed for an IPO earlier this month. As of September 30, the e-commerce giant held equity investments, including preferred stock of Rivian that represented about 20% ownership interest, according to the filing. That holding had a “carrying value” of $3.8…
Witches, bats, squeaky caldrons and the blockchain Hello, and welcome to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. And have a good time. This week Mary Ann and Natasha and Alex (along with our amazing production team Grace, Chris, and Kell) took on a host of topics from the…
German technology and parts supplier Robert Bosch GmbH will invest another 400 million euros ($467 million) to expand its chip manufacturing facilities in response to the ongoing semiconductor shortage that has wreaked havoc on the production of everything from vehicles and appliances to personal computers and power tools. The boosted expenditure, which is earmarked for…
Facebook is working on a new high-end VR headset codenamed Project Cambria. The company teased the device during its recent Connect conference on Thursday. It plans to release the headset sometime next year. Facebook CEO Mark Zuckerberg said it will be a separate “high-end” product from the company’s $299 Quest 2 headset. It will also cost…
At the company’s AR/VR-focused Connect event this morning, Mark Zuckerberg announced that despite a name change, Facebook Meta’s mission will remain the same and that its existing brands wouldn’t be changing. “To reflect who we are and what we hope to build, I am proud to announce that starting today, our company is now Meta.…
Twitter is rolling out a new feature called ‘Labs’ for Twitter Blue, its premium subscription service. Labs will give Twitter Blue subscribers early access to features that Twitter is testing as a part of that bundle, which is currently only available in Canada and Australia. Now, Labs subscribers now have the ability to upload videos…
Two months into 2021, South African fintech Stitch came out of stealth and raised $4 million in seed funding, allowing it to begin to make inroads into Nigeria some months ago. Today, Stitch formally announced the expansion into Nigeria and a seed extension of $2 million to go with it; the total seed investment now stands…
Wavemaker Impact’s founders: (from left to right) Quentin Vaquette, Doug Parker, Marie Cheong, Paul Santos, and Steve Melhuish Wavemaker Partners doesn’t just want to invest in climate tech and sustainability startups. It also wants to help build them. Today, the Singapore-based firm announced the launch of Wavemaker Impact, a venture builder that identifies potential business…
