Tag: venture capital

Japan’s Uncovered Fund launches $15M fund to back early-stage startups in Africa

February 16, 2021

Uncovered Fund, a VC firm targeting early-stage startups in Africa, announced today that it has launched its $15 million fund which is expected to close at the end of June this year. The Tokyo-based outfit founded by Takuma Terakubo in 2019 will invest $50,000 to $500,000 in African startups in…

With Ironspring Ventures, Texas gets a $61 million new fund focused on ‘industrial’ technologies

February 16, 2021

From the chemical refineries that line the Gulf Coast to oilfields of West Texas, heavy industry has always been a big part of the economy in the Lone Star State. Now, as venture capital moves in to the state as part of an exodus from California, a new fund is…

01 Advisors, the venture firm of Dick Costolo and Adam Bain, has closed fund two with $325 million

February 15, 2021

Dick Costolo and Adam Bain, renowned early Twitter execs who served as the company’s CEO and its chief operating officer, respectively, have quietly closed a second venture fund just one-and-a-half years after disclosing they’d secured $135 million for a debut fund for their firm, 01 Advisors. According to an SEC…

From dorm rooms to board rooms: How universities are promoting entrepreneurship

February 15, 2021

15 institutions partnered to create a centralized pool of licensable IP Brian Heater @bheater / 19 hours Earlier this year, 15 top U.S. universities joined forces to launch a one-stop shop where corporations and startups can discover and license patents. Working in concert, Brown, Caltech, Columbia, Cornell, Harvard, the University…

The Series A deal that launched a near unicorn: Meet Accel’s Steve Loughlin and Ironclad’s Jason Boehmig

February 14, 2021

The only people who truly understand a relationship are the ones who are in it. Luckily for us, we’re going to have a candid conversation with both parties in the relationship between Ironclad CEO and cofounder Jason Boehmig and his investor and board member Accel partner Steve Loughlin. Loughlin led…