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In 2023, Tayla Cannon moved from Australia to the U.S. for a job in a city she’d never seen before. “No family, no friends, just a fresh start,” she told TechCrunch. A sufferer of chronic back pain, she first started working in physiotherapy, thinking it was helping make a difference in the lives of others. Yet the traditional physiotherapy model never quite lit a spark in her. She moved…
Early-stage founders just can’t get away from TAM — the concept of having a total addressable market for their startup to disrupt and conquer. But Index Ventures partner Jahanvi Sardana has a reminder for all those founders worried about finding TAM for their product or service: Many startups have emerged from markets that, at the…
Diarrha N’Diaye-Mbaye, one of the first among the small number of Black women to raise more than $1 million in venture capital, announced on Thursday the closure of her award-winning beauty startup Ami Colé. Ami Colé creates makeup for those with darker skin colors, as those consumers often struggle to find makeup that matches their…
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s…
All Thibault Launay and his wife Simi wanted nearly five years ago was to build a dream home in Portugal, where they both now live. But what they encountered instead was a broken system. “Fourteen months of delays, 20% budget overruns, and endless stress managing over 10 subcontractors,” Thibault recalled. They bought the land in…
Supporting super-early stage entrepreneurs in Europe seems to be suddenly in vogue. Back in March, “Project Europe” was launched to great fanfare by podcaster and VC Harry Stebbings with a small $10 million fund to back founders aged only 25 and under, riffing on the ‘Peter Thiel Fellowship’ model of old. Now a new fund…
The tech market doesn’t need to be soaring up and to the right to foster healthy M&A activity. Deals can get done even in down markets. But can M&A thrive in an uncertain market? That’s a harder question. The venture market soured in 2022 as fundraising and exits largely dried up. Since then, venture investors…
It would appear the environment and society remain relevant, whatever you might hear in some other quarters. At least, that’s one conclusion to be drawn from the news that European specialist VC Revent has closed a €100 million ($109 million) Fund II to invest in “planetary and societal health” startups. Launched out of Berlin in…
The number of “operator VCs” — former founders turned VCs — in Europe in recent years. This is common in the U.S., where the majority of VCs are former founders. The reverse is true in Europe, where most come from banking or finance. Recent examples in Europe include Wise founder Taavet Hinrikus, Glovo founder Oscar…
It’s often said that the UK and Europe lack the huge level of growth funding for later-stage startups that the US has for its own, and this is correct. According to the European Investment Fund, there are at least seven times more large-size VC funds in the US than in Europe. So the appearance of a…