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

TechCrunch

Sopoong , a social impact-focused VC, intends to support environmentally minded tech founders in South Korea and Southeast Asia, while building a bridge between Korean conglomerates and startups in the sector. On top of the accelerator, the firm also launched a six-month fellowship program to foster climate tech entrepreneurship.

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As startups accelerate in record Q3, Europe and Asia rack up huge VC results

TechCrunch

The two continents enjoyed more venture capital investment into their local startups than in some time, underscoring that strong VC results the United States saw in the third quarter were not a fluke, but part of a broader trend. Europe’s total tied its high-water mark set in Q2 2019. Asia: $24 billion. Europe: $9 billion.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

Rome has more than 20 incubators/accelerators and many established VCs; because of its lower costs compared to other European cities, it’s become a major base for startups. The good news: VC funding in Italy has grown. In 2019, about 300 deals were venture-backed.

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Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19

TechCrunch

2019 saw the local VC firm invest in six companies. Half of its portfolio companies are backed by YC and other global accelerators. Of the total investments raised in 2019 and 2020, 54gene contributed more than half of those numbers by raising $4.5 million in seed and $15 million Series A investment.

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Looking Back On Tech, Startups, And VC In 2018

Haystack

It’s that time of year, time to look back and reflect on the most significant storylines in the tech, startup, and VC world. More and more angels will be minted as the 2019 IPO class emerges. This is again a much deeper topic to explore and I will do that in early 2019. 5/ Early Effects Of The Softbank Effect.

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BrillDog Chosen for Newchip’s Intensive Global Pre-Seed Accelerator Program

American Entrepreneurship

The easy-to-use, comprehensive supply chain management system among top applicants selected for Newchip’s online accelerator NEW FREEDOM, Pa., Past accelerator cohorts averaged more than 17.5 The equity-free, fully digital accelerator has helped over 2,500 founders from more than 110 countries and 250 cities raise over $2.2

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VC fund MSA Novo invests $15m in 6 Indian startups

AsiaTechDaily

He adds: “We believe we are still in the early innings of evolution in the Indian technology market and we believe that we can be a high-value additive participant by bringing our global playbook, institutional best practices and connectivity to help Indian companies accelerate their growth.”

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