Emerging managers shouldn’t be in a rush for an initial close even in this market

Fundraising has come in has become increasingly difficult over the past year for funds of all levels, especially emerging managers. In the first quarter of 2023, venture companies led by emerging managers raised $1.62 billion, just 13% of total capital raised in the US, according to PitchBook. Emerging managers and new funds entering the market … Read more

Finnish VC firm Lifeline Ventures closes $163 million fund for early-stage startups

Venture capital firm Lifeline Ventures today announced a new €150 million ($163 million) fund targeting early stage startups across Finland. Founded in 2009, Lifeline Ventures has invested in about 115 companies to date, with more than a dozen exits to its credit, including activity-tracking app Moves, which Facebook acquired in 2014; food delivery company Wolt, … Read more

Acutely.info+ roundup: Psychedelics VC survey, how to run an AI pilot, Europe’s robotics renaissance

In professional sports, player-coaches can be extremely effective: Celtics center Bill Russell won two NBA championships between 1966 and 1969. A recent study suggests that this principle also applies to venture capital. “Recent data from AngelList, collected for Flex Capital, shows that the founder-led funds raised through its platform outperformed the other funds raised on … Read more

Motherhood, Mentorship and Management with Kamakshi Sivaramakrishnan from Samooha

Welcome back to Found, where we get the stories behind the startups. This week Bekka And stupid are accompanied by Kamakshi Sivaramakrishnanthe co-founder and CEO of Samooha, a startup creating the infrastructure needed for data collaboration. Kamakshi shared what it’s like to be a returning founder in a male-dominated tech field. She talked about juggling … Read more

This British startup plans to radically shake up the outdated world of COPD measurements

In 1846, London surgeon John Hutchinson invented the spirometer — something a doctor normally asks asthmatics to blow hard — to measure the volume of air inhaled and exhaled by the lungs. It’s a pretty basic idea. Incredibly, the technology has barely evolved since then. Today, the modern spirometer doesn’t even measure the amount of … Read more

Jenfi raises more money for its “growth capital as a service” platform

Jenfi, a growth-capital-as-a-service platform, can provide online businesses with revenue-based financing within a day. The Singapore-based startup announced today that it has raised $6.6 million in pre-Series B funding, led by Headline Asia. Participation came from returning investor Monk’s Hill Ventures, who led Jenfi’s Series A two years ago, ICU Ventures, Granite Oak, Korea Investment … Read more

VC funding of female climate technology founders is appalling. Here’s how it could improve

The entrepreneurial community has realized several things in recent years: climate change is not going away and there is a huge opportunity to invest in companies that promise to shape entire segments of the future economy. With a few hiccups along the way, venture dollars have started flowing to climate tech startups with increasing volume … Read more

AI startups are not setting the corporate world on fire

Conventional wisdom around AI investment suggests that artificial intelligence should be red hot right now, with dollars flying to startups building with AI, similar to what happened to web3 and metaverse companies last year. Well guess what? Conventional wisdom is wrong — dead wrong, according to a new report from CB Insights. AI has been … Read more