Venture capitalist and entrepreneur Jack Altman has been hired by Benchmark as a general partner, just two years after he became a full-time investor and started his own firm, Alt Capital https://t.co/uqPrFC0cRT ...

How Jeffrey Epstein Helped His Publicist Become A Big-Time Venture CapitalistRead more: https://t.co/bZR0nFX0Jg https://t.co/mItrm8nXc6 ...

Fundraising Overview - Thrive Capital has raised $10 billion for its new fund, Thrive X, which is the largest fund the firm has ever raised and nearly double the size of its previous fund [2][3] - Of the total amount, $1 billion is allocated for early-stage investments, while the remaining funds are designated for growth-stage investments [2] Investment Strategy - The firm focuses on committing deeply to a small number of founders, emphasizing loyalty to the founders and missions they support [4] - Thrive Capital has a history of significant investments in high-profile companies such as OpenAI, Stripe, and SpaceX, which have seen substantial increases in value [3] Market Implications - The oversubscription of the latest fundraise indicates strong interest from investors, particularly in light of potential IPOs for companies like OpenAI and SpaceX, which could lead to significant capital returns for limited partners [3][5] - The firm has incubated 12 companies, with at least six achieving unicorn status, showcasing its successful track record in nurturing startups [3]

Crypto venture capital firm Dragonfly raises $650 million despite 'gloom of a bear market'https://t.co/RlgHTFEom6 ...

Core Insights - Suzhou Angel Fund has made significant strides in empowering innovation and talent development, with a focus on industrial investment and project direct investment [2][3][5] Investment in Industry - In the past year, Suzhou Angel Fund established 10 new sub-funds, raising nearly 4 billion yuan in total [2] - The Talent No. 1 Fund efficiently advanced, completing decisions for 12 sub-funds within six months, with a total scale of nearly 4 billion yuan, covering both state-owned and market-oriented institutions across six core sectors [2] - A total of 180 new investment enterprises were added, with nearly 70% being local Suzhou companies [2] Empowering Innovation - 16 invested enterprises were listed on the "2025 VENTURE 50" by Qianhai Capital, showcasing the fund's impact on innovation [3] - 15 companies were selected as national-level specialized and innovative "little giant" enterprises, indicating strong growth potential [3] - 11 companies were recognized as "Science and Technology Innovation Future Stars" in Jiangsu, highlighting their innovative capabilities [3] Talent Development - Two leaders from invested enterprises were elected as academicians of the Chinese Academy of Engineering, demonstrating significant achievements in high-end talent cultivation [4] - Suzhou had four young scientists recognized, and the city secured four awards in the "Maker China" Jiangsu finals, along with two first prizes in the provincial talent innovation and entrepreneurship competition [4] Direct Investment Projects - The direct investment business of Suzhou Angel Fund engaged with over 400 projects and made decisions on 25, focusing on high-quality project layouts [5] - Direct investment projects won multiple national and provincial awards, breaking a decade-long drought in Jiangsu competitions and achieving national championship status [5] Building the "Angel Ecosystem" - Suzhou Angel Fund organized and participated in nearly 100 investment and entrepreneurship events throughout the year, including high-level talent roadshows and investment matching meetings [6] - Two rounds of Angel Loans provided over 10 billion yuan in credit to more than 200 invested enterprises, effectively supporting their development [6]

RT Ous (@DangaWrites)Crypto VC firm @dragonfly_xyz closed its fourth fund at $650M, Haseeb Qureshi said Tuesday.The final figure exceeds the firm's $500M target by 30% and matches its 2022 vintage.Dragonfly's recent deployments include a $75M Series C for Mesh and a $36M Series A for Conduit.Full report ⤵️ ...

Core Insights - Despite macroeconomic challenges, Lenovo Venture Capital has maintained a clear strategic focus, achieving significant investment milestones in 2025 [3] - The company invested in over 40 new enterprises and facilitated nearly 100 portfolio companies in securing new rounds of financing, with total investment transactions exceeding 60, 80% of which were directed towards sectors closely related to the "silicon-based ecosystem" [3] - The total number of portfolio companies has surpassed 300, with 25 successfully going public, including leading firms like CATL, Cambricon, and Haiguang Information, each valued over 500 billion [3] Industry Outlook - The industry faces a gap between technological ideals and commercial realities, particularly in fields like embodied intelligence, where establishing scalable business models is a key challenge [3] - High-quality vertical data is expected to become a core barrier for industrial AI, with China's complete industrial chain and rich scenarios providing unique advantages for incubating breakthrough technologies [3] Future Investment Strategy - Looking ahead to 2026, investments are expected to become more rational, with "silicon-based intelligence" remaining a long-term focus [4] - The company plans to deepen its investment in three main areas: the evolution of AI towards "system intelligence," focusing on intelligent agents and AI-native hardware; the commercialization of machine intelligence, leveraging the benefits of autonomous driving technology; and forward-looking investments in disruptive computing architectures such as integrated storage and computing and RISC-V [4]

Core Insights - Cherryrock Capital, founded by Stacy Brown-Philpot, focuses on providing capital to underinvested entrepreneurs, particularly in the software sector, contrasting with the trend of larger firms pursuing mega-rounds and high-profile AI deals [2][3][4] Company Overview - Cherryrock Capital was launched a year ago to address the persistent gap in access to capital for underinvested entrepreneurs [3][4] - The fund aims to make 12 to 15 concentrated investments, a stark contrast to typical seed funds that make numerous smaller bets [7] Investment Strategy - Brown-Philpot's approach involves writing smaller Series A and B checks, targeting founders often overlooked by larger firms [2][4] - The fund has a measured pace, having backed only five companies a year after its announcement, indicating a deliberate investment strategy [7] Market Context - The SoftBank Opportunity Fund, which focused on underserved entrepreneurs, was sold to its leadership team in late 2023, highlighting a shift in investment focus within the industry [5][6] - Brown-Philpot's experience with the SoftBank Opportunity Fund reinforced the existence of overlooked founders, motivating her to establish Cherryrock [5][6] Political Environment - Brown-Philpot remains unfazed by the current political climate surrounding diversity, equity, and inclusion (DEI), emphasizing the fund's commitment to generating returns for its investors [9]

Core Insights - India has approved a $1.1 billion state-backed venture capital program aimed at funding startups through private investors, focusing on high-risk sectors like artificial intelligence and advanced manufacturing [2] Group 1: Program Details - The ₹100 billion fund received cabinet approval over a year after being proposed in the January 2025 budget speech, allowing for the deployment of government funds into the startup ecosystem [3] - This program is structured as a fund of funds, which means the government will indirectly support startups by investing in private investment firms, with a focus on deep-tech and manufacturing startups that require longer investment horizons and larger capital [4] Group 2: Startup Growth - The number of startups in India has surged from fewer than 500 in 2016 to over 200,000 today, with more than 49,000 startups registered in 2025 alone, marking the highest annual total on record [5] Group 3: Regulatory Changes - Recent changes to India's startup rules have extended the classification period for deep-tech companies as startups to 20 years and increased the revenue threshold for startup-specific benefits to ₹3 billion (approximately $33 million) from ₹1 billion [6] Group 4: Upcoming Events - The approval of the venture capital program coincides with the upcoming India AI Impact Summit, which will feature participation from global AI companies and Indian corporates, highlighting India's attractiveness as a market for tech expansion [7]

Core Insights - The venture capital firm Anti Fund, co-founded by influencer boxer Jake Paul and entrepreneur Geoffrey Woo, has successfully raised $30 million in its initial fund [1] - Logan Paul, Jake Paul's brother, has officially joined as a general partner [1] - Anti Fund currently manages assets exceeding $65 million [1] Investment Strategy - The fund's investment portfolio includes notable companies such as OpenAI, Anduril, Polymarket, Ramp, and Physical Intelligence [1] - Anti Fund aims to leverage the Paul brothers' significant influence and "anti-traditional" philosophy to provide both capital and visibility to startups [1] - Limited partners (LPs) include prominent Silicon Valley investors like Marc Andreessen and Chris Dixon [1]