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All that VC dry powder is damper than you think

TechCrunch

Big innovation (or in this case, reductions): Google’s in-house incubator, Area 120, was severely impacted by Alphabet layoffs and Spotify cut 6% of staff, two layoff stories that had me thinking all about the fact that tech seems to have forgotten its umbrella.

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Japanese startup ispace raises $46M to support planned moon missions

TechCrunch

The Series C was led by Japanese VC firm Incubate Fund, with additional investment from partnerships managed by Innovation Engine, funds managed by SBI Investment Co., Incubate Fund’s investments in ispace stretch back to the company’s seed round in 2014. The lander will reach the moon aboard a SpaceX Falcon 9 rocket.

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Announcing our partnership with Coolwater Capital: the “Y Combinator for VC”

David Teten VC

I’m pleased to announce a strategic partnership between Coolwater Capital and Versatile VC. Coolwater is an investor in VC funds and runs an accelerator for emerging VC fund managers. Coolwater has built an investment community of 300+ founder VCs and over 5,000 technology companies.

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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. To provide an opportunity for VCs and senior executives to engage with the community by giving back rather than just attending more cocktail parties.

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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Picking a VC is hard. So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. Most VCs are book smart. VCs should be more of a coach than proscriptively telling you what to do. You want a VC who will spar with you but then STFU and let you get on with things.

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The Philippines Government Collaborates with Marikina City to Foster Innovation and Startups

AsiaTechDaily

During the launch event on December 4, 2023, the DTI revealed the Incubation, Development, and Entrepreneurial Assistance (IDEA) Program and the Accelerating Development, Valuation, and Corporate Entrepreneurship (ADVanCE) Program. Both initiatives are specifically tailored to push the creative sector. .”

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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. It has an estimated 67 VC funds, with 18 of them started since 2015. More than 50%?

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