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The global assistive technology market was valued at more than $22 billion in 2023 and is projected to grow substantially by 2030. Despite the potential market size, many founders building tech to help people with disabilities struggle to secure the kind of early funding needed to get their companies off the ground in the first…
Sonali De Rycker, a general partner at Accel and one of Europe’s most influential venture capitalists, is bullish about the continent’s prospects in AI. But she’s wary of regulatory overreach that could hamstring its momentum. At a TechCrunch StrictlyVC evening earlier this week in London, De Rycker reflected on Europe’s place in the global AI…
Elon Musk isn’t the only tech billionaire with power over the federal agencies that regulate his businesses. Since Donald Trump took office, more than three dozen employees, allies, and investors of Musk, Peter Thiel, Marc Andreessen, and Palmer Luckey have taken roles at federal agencies, helping direct billions in contracts to their companies. Companies owned,…
Redpoint Ventures, a San Francisco-based firm that is about a quarter century old, has raised a $650 million 10th early-stage fund, according to a regulatory filing. Redpoint’s new fund matches the size of its prior fund, which was raised just under three years ago. In a market where many venture firms are decreasing their capital…
Paladin Capital Group’s Nazo Moosa sat down with Mike Butcher at StrictlyVC London to discuss scaling innovative companies at the intersection of cybersecurity, AI, and resilience. She discussed how she’s driving purposeful investments that shape a secure and sustainable digital future If you liked the article, do not forget to share it with your friends….
Work-Bench, whose portfolio includes unicorns Spring Health and Socure, just raised a $160 million Fund IV to quadruple down on backing companies in New York City. The firm announced the raise in a blog post on Monday, saying the latest fund will support seed-stage founders building enterprise software. Checks will range from $2 million to…
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had reportedly filed confidential S-1 paperwork back in December. S-1 filings typically reveal all kinds of information, covering financial, legal, and other risk factors. But Chime’s S-1 documents still have a lot of blank spaces….
Buzzwords that are stretched to the point of being meaningless are as old as the tech industry itself. The top current one is “AI agent” and its variants, like “agentic.” So, unsurprisingly, no one really knows what an AI agent is. Even people with software engineering backgrounds who work for Andreessen Horowitz, one of the premier venture…
On Monday, Google announced the launch of its AI Futures Fund, a new initiative that seeks to invest in startups that are building with the latest AI tools from Google DeepMind, the company’s AI R&D lab. The fund will back startups from seed to late stage and will offer varying degrees of support, including allowing…