Venture gets a rare Native American-led fund in Betsy Fore’s Velveteen Ventures
The firm will look to invest $500,000 to $4 million in 15-20 seed and Series A companies in the healthcare, climate, consumer, and community sectors.
Rwazi raises $12M Series A to help companies with consumer insights and intelligence
Rwazi has raised a $12 million Series A led by Bonfire Ventures to help companies with market intelligence and consumer insights
UK launches £500M package to support diverse, underrepresented investors and founders
The British Business Bank, owned by the UK government, is creating a £500 million (around $674 million) economic package to help support diverse and underrepresented fund managers and founders in the country. Fifty million pounds…
AI leadership development platform Praxis Labs sells to Torch
Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch. “As a small company with fewer than 20 people serving companies as large…
Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself
Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I. Smith launched her eponymous fund in 2022 and is a solo GP.…
Google announces latest AI American Infrastructure Acadmey cohort
Google on Thursday announced the second cohort to take part in its AI Academy American Infrastructure Academy, which seeks to support companies using AI to address issues such as cybersecurity, education, and transportation. The four-month…
Neobank Revolut seeks $65B valuation, a year after its $45B deal
Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports. The UK-based company is reportedly in talks to raise around $1…
Apple looks to bid on becoming US home for Formula 1
Formula 1 could have a new U.S. streaming service home soon. Apple is in talks to purchase the rights as it looks to further invest in live sports, the Financial Times reports. Apple already has…
Tennis players criticize AI technology used by Wimbledon
Some tennis players are not happy with Wimbledon’s new AI line judges, as reported by The Telegraph. This is the first year the prestigious tennis tournament, which is still ongoing, replaced human line judges, who…
More than 100 new tech unicorns were minted in 2025 — here they are
Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year.