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Mercury’s $300M Series C Doubles Valuation to $3.5 Billion Fueled by Powerful “One Banking Account” Model

American Entrepreneurship

The new funding round, led by Sequoia Capital, includes both primary and secondary investments, with additional participation from Spark Capital, Marathon, and existing backers such as Coatue, CRV, and Andreessen Horowitz. It introduced a corporate credit card in 2022, which has quickly become the most-used card among its users.

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EnCharge AI Raises $100M for Development of First-of-its-kind Analog In-memory-computing AI Chips

American Entrepreneurship

Founded in 2022, Encharge AI is led by CEO Naveen Verma, CTO Kailash Gopalakrishnan, and COO Echere Iroaga, all veteran technologists with semiconductor design and AI systems backgrounds. Verma, a Princeton University professor since 2009, has conducted pioneering research in next-generation computing technologies.

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Rising Tide: The Business of Climate Innovation

Revolution

What’s important is building relationships across the capital stack early, and understanding that what your business needs at pre-seed is vastly different from what it might need at Series C. Morgan Executive Director of Climate Tech There’s no one-size-fits-all approach to financing climate innovation. The job of a good banking partner?

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What Happened In 2022

A VC: Musings of a VC in NYC

What happened in 2022 is the bottom fell out of the capital markets and the startup and tech sector more broadly. Well, it happened in 2022. Many large centralized entities; lenders, exchanges, crypto funds, etc, blew up when the value of web3 assets declined 70-90% over the course of 2022.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

However, by 2022 (with most pandemic restrictions in the rear view mirror and financial markets facing challenges), investors began gravitating towards perceived safe havens, as reflected in the data. The takeaways: It’s a hard time to raise and deploy capital, but what you can manage in today’s market will be advantageous for years to come.

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Check out the founder-focused sessions happening at TechCrunch Disrupt

TechCrunch

Here’s a look at just some of the ways early-stage founders can learn to build, grow and fund their startups at TechCrunch Disrupt on October 18–20 in San Francisco. Let’s kick off the Disrupt opportun-a-palooza with a time-sensitive reminder to apply to the Startup Battlefield 200 (SBF 200) by July 31 at 11:59 p.m.

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Kevin Hart gets serious about financial inclusion at Disrupt

TechCrunch

Morgan’s head of digital investment banking and digital private markets, will join us onstage at TechCrunch Disrupt on October 18–20 in San Francisco. He is also the founder of Capital Connect, a platform that provides fundraising, networking and data to founders and investors. Venture funding inequity remains a big issue.