One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a slight dip last year, according to a report by VC firm Partech. LoftyInc Capital, which…
Category: early stage
Cerebras, early stage, foundation capital, Fundraising, Global IT News, Global Security News, Solana, Venture
Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund
Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million…
agi house, AI, early stage, Global IT News, Global Security News, openai, South Korea, TC, Venture
‘Genius Girl’ goes from inspiring a Korean TV show character to raising a $100 million AI fund
Principle Venture Partners will write early-stage checks anywhere from $100,000 to “single digit millions.” © 2024 TechCrunch. All rights reserved. For personal use only.