Obvious Ventures, the firm co-founded by Medium CEO and Twitter co-founder Ev Williams, announced today that it has closed its third fund “OV3” at $271,828,182, a number that the graphing calculator-owning among us may recognize as e or Euler’s number. When asked whether the firm had to return any LP money just so it could…
According to Atomico’s recent “State of European Tech, 2019” – widely considered by the European tech industry to be a reliable annual study – at present, 92 in every 100 dollars invested in Europe goes to all-male teams, 83% founders are white, 82% are university educated, in the UK, a quarter of investment committees saw…
Storm Ventures, a now 19-year-old, Sand Hill Road venture firm in Menlo Park, Ca., has closed on $130.4 million, shows a new SEC filing. The outfit began its fundraising late last year, according to an earlier filing. It had closed its previous fund with $180 million in 2015. Storm distinguishes itself in numerous ways, including…
If you’ve ever tried buying a bike online, or ski equipment, or any number of expensive goods where it would be useful to know a lot more than you do, you might check out Curated, a two-year-old San Francisco-based startup that wants to help busy shoppers who know generally what they want but don’t necessarily…
Matchstick Ventures, a seed-stage firm that says it invests in “rapidly growing, yet underserved startup ecosystems,” announced this week that it has raised $30 million for its second fund. That’s a lot more money than the firm’s $5 million seed round. This time, Matchstick says it will write initial checks of around $500,000, and in…
Aspect Ventures, an early-stage, five-year-old, San Francisco-based venture firm founded five years ago very notably by two veteran VCs who happen to be women, is splitting up. Cofounders Jennifer Fonstad, formerly of DFJ, and Theresia Gouw, formerly of Accel, are launching separate firms, a source confirms. The WSJ reported the news earlier today. Fonstad tells…
MaC Ventures, the new Los Angeles-based investment firm formed from the merger of Cross Culture Ventures and M Ventures, has quietly started deploying capital from its fund. One of the firm’s first disclosed investments is Edge Delta, which announced a $3 million seed round earlier this week. The Seattle-based company, which has a tool to…
