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Did venture capitalists undervalue startups for decades?

TechCrunch

Data indicate that the pace of startup value creation reached a fever pitch in 2021. According to venture capital data collected by PitchBook , prices spiked for startup equity across the maturity spectrum last year. Larger venture capital funds are also a driving force behind the pricing dynamics uncovered by the data.

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Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

TechCrunch

Each had different yet complementary skills — Michael Famoroti , an economist; Bode Ogunlana , a software engineer; Abdul Abdulrahim , a data scientist; and Preston Ideh , a corporate lawyer — and in 2017, they launched a media startup to address the dearth of information and data-driven insights in the West African country. .

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When VCs turned to Zoom, Chicago startups were ready for their close-up

TechCrunch

By now it’s common knowledge that 2021 is shaping up to be a breakout year for the startup and venture capital worlds, surpassing years of strong results in a long-term bull market for tech-focused business upstarts. African startups will set fresh venture capital records this year, for example. A venture capital run for the ages.

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Got the right stuff? Exhibit and pitch at TC Sessions: Space 2020

TechCrunch

military and VCs determined to finance pioneering space startups. From Space Rock Returns to Financial Returns: An investor panel — with Chris Boshuizen (Data Collective DCVC), Mike Collett (Promus Ventures) and Tess Hatch (Bessemer Venture Partners). We’re talking folks from NASA, the U.S.

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Indonesian aquaculture startup DELOS raises $8m in funding

AsiaTechDaily

Register DELOS, an Indonesian aquaculture-tech company , has raised $8 million in Seed extension financing co-led by Centauri, a collaborative fund between MDI Ventures and KB Investment Co., and Southeast Asian venture capital fund Alpha JWC Ventures.

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Construction tech startups are poised to shake up a $1.3-trillion-dollar industry

TechCrunch

Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. Miscommunication and poor project data accounts for 48% of all rework on U.S. Lack of data transparency : Manual data collection and data entry are still common on construction sites.

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Satellite constellation operator Spire Global to go public via $1.6 billion SPAC

TechCrunch

Monday brings with it not one, but two space SPACS — there’s Rocket Lab , and there’s Spire Global, a satellite operator that bills itself primarily as a SaaS company focused on delivering data and analytics made possible by its 100-plus spacecraft constellation.