Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg

Runa Capital, which launched there in 2010, says it has raised $55 million towards its fourth fund, aiming for a hard cap of $250 million. And after 12 years in the US, the normally Palo Alto-based VC says it is now relocating its HQ to Luxembourg, to re-focus its...

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...

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...

World Innovation Lab wants to connect the innovation gap between startups and corporates in the US and Asia with $1B

World Innovation Lab (WiL), a Palo Alto- and Tokyo- headquartered venture capital firm, said Tuesday it has raised over $1 billion. It’s an enormous fund for the outfit, relatively speaking. The latest funding, which will be deployed across WiL’s multiple funds,...

CyberConnect raises $15M Series A to put data back in the hands of users

One of the promises made by web3 entrepreneurs is putting data back in the hands of owners through decentralization. Singapore-based CyberConnect is among a handful of blockchain startups working to fulfill this vision, and it has recently closed a Series A financing...

8 open source companies from YC Demo Day Winter ’22

Wicked fast VPNs, data organization tools, auto-generated videos to spice up your company’s Instagram stories… Y Combinator’s Winter 2022 open source founders have some interesting ideas up their sleeves. And since they’re open source, some of these companies...