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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

TechCrunch

As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. billion with BIPOC and diverse businesses by 2025.

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4 Indian investors explain how their investment strategy has changed since 2021

TechCrunch

After a blockbuster year for venture capital funding in 2021, the flow of capital to Indian startups seemed like it would buck global trends in early 2022, but dried up in the second half of 2022. How has your investment strategy changed? Focus on the core business and deprioritize experimental investments.

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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

What’s more, about 75% of the investments in that period happened in the last two years alone. Venture capital firms aren’t unusual in the battery world. That started to change toward the end of 2020 — several quarters in the last two years have seen more than $2 billion invested, and a couple have had more than $3 billion.

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. billion by 2025, per Markets and Markets — up from $17.4 billion in 2019.

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

Other statistics include job projections from various channels: 44 million jobs if internet penetration reaches 75%, 3 million jobs from online marketplaces by 2025 and 1.7 million jobs due to Google’s $1 billion investment in the continent. The continent’s investment story. This is compared to 37%, 70% and 66% in the U.S.,

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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

I am at once proud of and awed by Jonathan, whose dual-track passion for the future of food and the future of Appalachia has brought him to tears more than once since we first invested in early 2018. Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor.