OP Crypto is raising $100M for its new investment, dubbed "Fund of Funds", to deploy capital into emerging fund managers focused on early-stage crypto investments
Brazilian motorcycle rental startup Mottu revs up with $40M to help more Latin Americans become couriers
Mottu has evolved its model and does much more than just rent motorcycles. It also provides credit, insurance, maintenance and 24-hour support for its renters.
The Oversight Board’s annual report tracks how often Meta follows its advice
The advisory group reviewing Facebook and Instagram’s content moderation decisions issued its first annual report Wednesday, capping off its first year in operation. The Oversight Board apparently received over one million appeals from Facebook and Instagram users in 2021. Most of those reque…
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But …
LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist
Saul Klein is a busy man. As co-founder, with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives – among other things the pair are passionate investors and philanthropists in LocalGlobe’s HQ’d area of Somers Town, London &#82…
Having a great "ask" slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there.