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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. That said, a paradigm shift of the broader venture landscape could be on the horizon. the free YC Startup School courses). Finally, the talent pool for tech startups has broadened immensely.

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AWS launches new $30M accelerator program aimed at minority founders

TechCrunch

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator , that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. But critics contend that AWS Impact Accelerator doesn’t go far enough in supporting historically marginalized entrepreneurs.

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What Future for Accelerators?

Both Sides of the Table

Accelerators have had quite a good run the past 5+ years. Not just Y Combinator and TechStars but a host of other accelerators across the country. I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. None of us was convinced the market really needed 5 accelerators.

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How to Win Consulting, Board, and Deal Roles with Private Equity and Venture Capital Funds

David Teten VC

Would you like to work with private equity and venture capital funds? There are relatively few jobs directly inside private equity and venture capital funds, and those jobs are highly competitive. Venture Capital. Asian Venture Capital Journal (free trial). Private Equity. Preqin (free demo).

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Plastic upcycling startup Novoloop raises $10M Series A extension to accelerate commercialization

TechCrunch

Novoloop , a plastic upcycling startup, said Wednesday it has raised a $10 million Series A extension round co-led by South Korean chemical firm Hanwha Solutions and Taizo Son’s Mistletoe. Other investors in the extension include Valo Ventures, SOSV, Far Eastern Group’s corporate venture arm Drive Catalyst, Alante Capital and S Cap.

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Boston offers a world of advantages for startup founders

TechCrunch

5 investors discuss Boston’s resilient tech ecosystem Boston’s university-to-startup pipeline defies downturn to grow and diversify In order to build a startup culture, a city or region needs some key elements in place – like an innovation engine to drive startup ideas. City Spotlight: Boston Register for the free event here!

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars.

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