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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Our last fund we raised was in 2012 and we began investing it in April of 2012.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. Sopoong was launched in 2008 by Jaewoong Lee , who co-founded South Korea’s largest internet portal operator Daum Communication, which merged with Kakao in 2014.

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What Future for Accelerators?

Both Sides of the Table

There were a lot of requests for us to turn our mentorship program into a physical accelerator with a fund, office space and full-time staff. We formed a partnership with some of our favorite early stage investors and friends including Jim Andelman at Rincon Ventures and Peter Lee at Baroda. But by 2014 much had started to change.

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Mentor Collective shakes off its boots to scale student support services

TechCrunch

Mentorship is a crucial ingredient to a student’s success. For Mentor Collective , a Boston-based startup founded in 2014, answers to the challenges and opportunities within scaled mentorship have taken time to figure out. Boyar initially started the company thinking that it would be a nonprofit. The more important milestone?

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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

Established in September 2023, the DFAB works to increase access to institutional capital for women- and minority-owned startups, providing knowledge, guidance, and insights on ways to best increase capital, access, and investments in New Jersey’s diverse entrepreneurs. million in income replacement grants, as well as mentorship and training.

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Is American Entrepreneurship In Crisis?

Entrepreneurs' Organization

These business and mentorship networks have made great strides helping entrepreneurs in local communities across the U.S. The most impactful solution, among many, will be enacting public policies at the federal level that encourage diversity in the startup landscape and minimize regulations while incentivizing investment in startups.

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Andela begins global expansion in 37 countries months after going remote across Africa

TechCrunch

When Andela launched in 2014, it built hubs in Nigeria, Kenya, Rwanda and Uganda to source, vet and train engineers to be part of remote teams for international companies. It also helped developers improve their skills via training and mentorship. It also tested satellite models in Egypt and Ghana as substitutes to physical hubs.