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Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

Investors should bring a local strategy that makes them an asset to Latin America’s startup ecosystem. Most Latin American companies reaching unicorn status and going public now were started around 2012. Investors should look for younger markets.

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The Venture Capital Diversity Gap and Why It Matters

StartupNation

Despite the growth in awarded venture capital (VC) funds, a staggering disparity remains between the amount of total VC funds invested in entrepreneurs and the portion of those funds invested in ventures founded and/or led by women—particularly women of color. I am no stranger to this gender gap within the VC space.

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Golden Gate Ventures forecasts a record number of exits in Southeast Asia

TechCrunch

Despite the pandemic’s economic impact, Southeast Asia’s startup ecosystem has proven to be very resilient. Here are some highlights from the latest report, along with additional insight from Golden Gate Ventures partner Michael Lints, its lead author. Golden Gate Ventures expects M&A activity will pick up again.

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Just How Troubled is the Bay Area Startup Scene?

Tomasz Tunguz

There’s a prevailing narrative that the health of the Bay Area startup ecosystem faces challenges. San Francisco’s share of startup rounds by count has fallen from its perch ten years ago. In 2021, San Francisco Bay Area startups raised $126b. In 2019, US startups raised $126.4b.

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Employment Hero raises $181M AUD at $1.25B AUD valuation, acquires KeyPay

TechCrunch

The round was led by returning investors Seek Investments with participation from OneVentures, AirTree Ventures and other shareholders. Employment Hero’s co-founder and CEO Ben Thompson was a seed investor in KeyPay in 2012. Employment Hero’s co-founder and CEO Ben Thompson, was a seed investors in KeyPay in 2012.

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Coral Capital closes third fund with $128M for startups in Japan

TechCrunch

Coral Capital , a Tokyo-based venture capital firm, announced today that it has closed its third fund, Coral Capital III, raising $128 million (14 billion yen). LINE Ventures merges with YJ Capital, launches $271M fund. The Japanese startup ecosystem is striking its stride now compared to 9 years ago, Riney said.

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Gener8tor is the biggest startup accelerator you’ve never heard of…

TechCrunch

One of the ways that those pots of cash are being invested is through venture capital, which means the money flows to the coasts — New York, Boston, Silicon Valley. For the past decade, Gener8tor has been working to shift that by spinning up accelerators in local communities that have money but are underserved in terms of startup support.