Technology

Lisbon finally gets a substantial VC fund in the shape of Indico Capital Partners – TechCrunch

Lisbon, characterized occasionally by some tech scene observers as ‘the warm Berlin’, has been threatening to generate more startups in the last few years, not least because it will now have the enormous Web Summit conference there for the next 10 years, and because it’s a cheap and great place to live. But the startups […]

Technology

Improbable and Epic Games establish $25M fund to help devs move to ‘more open engines’ after Unity debacle – TechCrunch

Improbable is doubling down after announcing earlier today that Unity had revoked its license to operate on the popular game development engine. The UK-based has inked a late-night press release with rival Epic Games, which operates the Unreal Engine and is the creator of Fortnite, establishing a $25 million fund designed to help game developers […]

Technology

PeakSpan Capital just closed on $265 million more to fund business software companies – TechCrunch

PeakSpan Capital, a four-year-old, Burlingame, Ca.-based venture firm, has closed its second fund with $265 million in capital commitments, according to a new SEC filing that shows that 68 investors were involved in the fundraise. That’s a meaningful jump in size from the firm’s $150 million debut fund, which it closed in 2016. PeakSpan was […]

Technology

Political ‘fixer’ Bradley Tusk seeks $70M for Tusk Ventures’ sophomore fund – TechCrunch

Longtime political operative Bradley Tusk got his start in Silicon Valley in 2011, when a little-known founder of a transportation startup requested his help surmounting regulatory barriers. That founder, Travis Kalanick, couldn’t afford Tusk’s $25,000 fee, so Tusk agreed to accept half of his payment in equity. As you can imagine, that deal worked out pretty […]

Technology

As market shifts, Atlas Venture closes a $250 million fund to support its breakaway biotech bets – TechCrunch

Atlas Venture, the Cambridge, Mass.-based early-stage, biotech-focused venture firm, has for the first time raised an opportunity fund designed to help it support its most promising, maturing portfolio companies. The $250 million fund, announced by the firm this morning, is pretty well-timed, as these things go. Though the public markets have bounced back a bit […]

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