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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. I spoke with Sopoong chief executive Max Sang-Yeop Han , a serial entrepreneur who joined Sopoong in 2016 and acquired the firm in 2019, to learn about the VC’s plans.

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Extra Crunch’s top 10 stories of 2020

TechCrunch

I edited hundreds of stories in 2020, so choosing my favorites would be an exercise in futility. “Enterprise expenditure on custom software is on track to double from $250 billion in 2015 to $500 billion in 2020,” so we’ll definitely be diving deeper into this topic in the coming months. on Sunday, Dec.

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Boston offers a world of advantages for startup founders

TechCrunch

It needs a couple of successful exits, which in turn drives angel investing as entrepreneurs growing increasingly wealthy look to help new founders building companies reach their own goals. It requires accelerators and incubators and coworking spaces to help nurture early ideas, and it needs VC firms investing across stages.

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TechCrunch+ roundup: How VC really works, longevity investor survey, choosing your angel

TechCrunch

Essentially, VC is a high-stakes extreme sport in which top players can accumulate startling amounts of wealth and power. But where does all that money actually come from, and how do VCs actually make money? But where does all that money actually come from, and how do VCs actually make money? Walter Thompson. yourprotagonist.

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Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

Rising African venture investment powers fintech, clean tech bets in 2020. After falling into yesterday’s wild news cycle, Alex Wilhelm returned to The Exchange this morning with a close look at venture capital activity across Africa in 2020. Rising African venture investment powers fintech, clean tech bets in 2020.

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Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, more

TechCrunch

Clearly, I’m not alone: a May 2020 McKinsey study pegged yearly domestic telehealth revenue at $3 billion before the coronavirus, but estimated that “up to $250 billion of current U.S. How VCs invested in Asia and Europe in 2020. Asia’s VC industry, which saw $25.2 Last year, U.S.-based Free in Fremont.

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Investing in a More Inclusive Innovation Economy

Revolution

Case in point: only 1% of 2022 VC dollars went to Black founders, a marked decrease year over year. And while many venture capitalists rely on pattern recognition as a tried and true investment tactic that can and has delivered returns, it is also a model that perpetuates a history of opportunity gatekeeping.