Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund


by TechCrunch

TechCrunch— Global Founders Capital, the Berlin-based early-stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a few years ago, its name appeared in dozens of deals per year. But then, things quietened […] © 2024 TechCrunch. All rights reserved. For personal use only.

Washington Examiner—Will Russia covertly attempt to fund George Galloway’s new party?. The United Kingdom will hold a national election by the end of January 2025. The latest polling data, and local council election results on Friday, suggest that the center-left Labour Party opposition will unseat the governing center-right Conservative Party and win a massive majority in Parliament. But spoilers lurk. One such spoiler comes in the […]

TechCrunch—Fika Ventures co-founder Eva Ho will step back from the firm after its current fund is deployed. Eva Ho plans to step away from her position as general partner at Fika Ventures, the Los Angeles-based seed firm she co-founded in 2016. Fika told LPs of Ho’s intention to step back after Fund III, the firm’s current fund, in an email, according to multiple sources familiar with the matter. Fika confirmed the transition […] © 2024 TechCrunch. All rights reserved. For personal use only.

TechCrunch—EXCLUSIVE: Tiger Global-backed Innovaccer in talks to raise $250 million in new funding, sources say. Innovaccer, a health tech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as much as $250 million in a new financing round, three sources familiar with the matter told TechCrunch. The deliberation for the new funding round is ongoing, and the current talks […] © 2024 TechCrunch. All rights reserved. For personal use only.