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Check out our latest article shedding a spotlight on the Top Angel Investment Startups that are making waves in San Francisco, America's hotbed for startups: https://lnkd.in/gzzK8cRJ Featuring: - Angelfund.ai founded by Ankit Sharma, Colby Lepore, and Liya Jin, a platform that is leveraging AI to seamlessly connect founders and angels for perfect match-making. - Startup Falcon, Inc., founded by Eiass Muhanna, quickens the startup evaluation process with an AI-backed valuation calculator. - Sea Cliff Partners , a significant player in Angel Investment and Business Development. - SV Venture Group (@Silicon Valley Venture Group) by Jordan Wahbeh is bridging gaps for early-stage funding with an impact-oriented approach. - Funden, an AI-enhanced platform founded by Daniel Rongo and Steve Beyatte, helps startups find ideal investors and is a game-changer for those looking to raise funding. - Launchparty founded by Adam Forest and Jay Greenblatt, championing the mission in financial services and internet sectors. - ATTA Ventures by Varvara Corcos, a firm playing big in the finance and venture capital spaces. - PocketVC helmed by Chinara A., is democratizing venture capital investments, offering a unique ecosystem connecting all VC world players with minimal entry barriers. - aVenture (Techstars '23) spearheaded by William Callahan, CFA, is redefining fintech by providing accessible venture capital investments. - Merged, led by Kelvin Craver, an exclusive investors network proffering vital resources for financial growth and stability. Let’s raise the curtain on these enterprising startups! Engage, share, and spread love for these organizations that are changing the game for the better. #Startups #AngelInvestment #SanFrancisco #Entrepreneurship #Innovation

*Meet the Investor of the Month with ah! Ventures | 29th Jan | 5:00 to 7:30 pm | Andheri East* Get your startup Funded* We are excited to invite you to a special event with ah! Ventures. *Why Attend?* Exclusive Reverse Pitch: Amit Kumar will reveal ah! Venture's Investment strategies and criteria, providing unparalleled knowledge Connect with Peers: Network with like-minded investors and startup founders, fostering valuable connections for future collaborations Insightful Q&A Session: Get your burning questions answered directly by Amit Kumar and gain unique perspectives on investment opportunities *About Ah! Ventures:* ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto INR 1 CR (~USD 150K), Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 6000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 434 CR (~54 MN USD) in 125 startups & 209 investments and have announced 16 exits & 48 follow on rounds. *About Amit Kumar* Amit is the co-founding partner at ah! Ventures Fund, a SEBI registered Cat I AIF that invests in early stage, sector-agnostic startups in India. He has over 20 years of experience in venture capital, finance, and business scalability, and he is a qualified Chartered Accountant. At ah! Ventures, he spearheads the investment strategy, due diligence, and portfolio management, as well as advise and mentor the entrepreneurs we back. He co-founded ah! Venture's maiden fund of INR 150 Cr in October 2022, after successfully raising funds from multiple investors. Previously, he was the CFO of a B2B e-commerce startup, where he scaled up the business from 4 to 300 employees and raised USD 22 Mn in funding. He also has extensive experience in management consulting, business strategy, risk management, audit, and systems and processes. His mission is to help startups and SMBs grow faster, smarter, and more sustainably. *Event Details:* Day & Date: Monday, 29th January, 2024 Time: 5:00pm - 7:30pm (IST) Venue: Offline (Andheri East) * Exclusive for founders on shortlisting basis *Register here:* https://lnkd.in/dTT8VEXS ah! Ventures ah! Ventures Fund ah! Ventures TiE Mumbai

Huge news for the Charlotte tech community! VentureSouth, a regional venture capital and private equity firm, has tapped a seasoned leader in Charlotte's entrepreneurial ecosystem as the new director of its local operations. Dan Roselli, who has played a key role in Charlotte's startup community, began the new job on July 1. He co-founded Packard Place, a hub for entrepreneurship and innovation; co-founded Queen City Fintech; and currently serves as managing director and co-founder of RevTech Labs, a Charlotte-based accelerator. He will continue to hold his position at RevTech Labs. As director of VentureSouth-Charlotte, Roselli will be responsible for growing the firm's investor count in the local region and bolstering connections between venture capitalists and founders. "The goal is to make Charlotte's VentureSouth community one of the biggest in the network," said Roselli, who has previously served as an active member and investor of the VC firm. "Because we're one of the larger metro areas where VentureSouth has a chapter, we should have more local founders going through the VentureSouth investment review process." He also told The Charlotte Business Journal that, through his new role, Charlotte founders could see a "noticeable difference" in access to capital — which many local startups have been struggling to obtain. “Dan’s extensive experience as an investor, and his deep involvement in the startup community, makes him an exceptional choice for this position," said Charlie Banks, managing director of VentureSouth, in a statement. "We are excited to engage his strategic vision and leadership to drive impactful investments and further empower the local entrepreneurial ecosystem." Roselli replaces Charlotte entrepreneur Mac Lackey and Juan Garzón , managing director of Innovate Charlotte, who have co-headed VentureSouth's local operations since 2016. They will remain active members of the firm. Headquartered in Greenville, South Carolina, VentureSouth was founded in 2014 and has more than 600 members and 64 active portfolio companies. The angel network, which expanded to Charlotte in 2016, has invested more than $75 million into over 100 Southeast startups since its inception. VentureSouth's members are based majority in its 20 markets across the Southeast, but it has investors in other parts of the U.S. as well. The company has been recognized several times as a top 10 angel group in North America by the Angel Capital Association. Roselli said he's looking forward to solely working with Charlotte-area founders. At RevTech Labs, the accelerator focuses majority on fintech and insurance technology startups nationwide. "Having someone locally, who is a prominent leader and really plugged into that local community, that's what I'm providing for them as that local presence and vantage point," he said. https://lnkd.in/g7e9RaNS

Serena Williams: Empowering Startups Through Venture Capital, Branding and Experience Success Story: Serena Williams, the iconic tennis champion, is not only known for her dominance on the court but also for her business acumen off the court. In 2014, she quietly launched Serena Ventures, an investment firm focused on supporting diverse founders and early-stage startups across various industries. Through Serena Ventures, Williams has made strategic investments in a wide range of companies, including those in technology, health and wellness, fashion, and food. She’s been able to leverage her experience and success to get access to great deals, but also to provide a lot of value to founders beyond her capital - her mental frameworks, experience on and off the court, resilience, brand power, and unparalleled network. **Failure Story:** While Serena Ventures has seen remarkable success, it has also faced challenges along the way. Like any investment portfolio, not every startup Serena has backed has achieved significant success. Some investments may not have yielded the expected returns, highlighting the inherent risks associated with venture capital. Two examples: HUED: Founded by entrepreneur Kimberly Wilson, HUED focuses on addressing racial disparities in healthcare. The platform connects African American and Latinx patients with culturally competent healthcare providers. Although HUED has received funding from investors like Serena Ventures, it is still growing. An unspecified French startup: In the early stages of Serena Ventures, Serena had the opportunity to invest in a French startup. However, due to time and resource limitations, she was unable to proceed with the investment. Sometimes, even Serena Williams' investment decisions face logistical challenges. Lessons Learned: 1. Diversification is Key: Serena's investment strategy emphasizes diversification across different sectors and stages of startup development. This approach helps mitigate risk and maximize potential returns. 2. Supporting Underrepresented Founders:** Serena Ventures has a strong focus on supporting underrepresented founders, including women, people of color, and entrepreneurs from marginalized communities. By providing access to capital and resources, Serena is empowering a new generation of diverse entrepreneurs. 3. Long-Term Vision: Serena understands that success in venture capital requires patience and a long-term perspective. She remains committed to supporting the growth and success of her portfolio companies, even in the face of short-term challenges. Some closing thoughts: Serena Williams' venture into the world of startup investment through Serena Ventures exemplifies her commitment to empowering entrepreneurs and driving positive change. By leveraging her platform and resources, she is not only making strategic investments but also championing diversity and inclusion in the startup ecosystem.

Maybe It's A "Zombiecorn"? "Maybe It's Maybelline"🤣: VCs weigh in on IRL debacle after fallen SoftBank-backed startup admits 95% of users were fake! Last week, Fortune reported on the fall of IRL, a social app startup that, after topping $1 billion in valuation a few years ago, said it’s shutting down because 95% of its users were fake. This week, venture capitalists weighed in on the debacle, with a focus on how investors got it so wrong. IRL joined the ranks of unicorns—companies with private valuations of at least $1 billion—thanks to a $170 million Series C funding round led by SoftBank Vision Fund 2 (among the returning investors were Goodwater Capital, Founders Fund, and Floodgate), bringing its total raised to more than $200 million. Suspicions of its “zombiecorn” status grew after CEO Abraham Shafi stepped down in April following employee allegations of inflated user numbers. On the All-In podcast on Friday, venture capitalists discussed the investor due diligence—or lack thereof—that should have exposed IRL’s inflated user numbers. A key VC role is “asking uncomfortable questions and doing uncomfortable diligence,” said angel investor Jason Calacanis. “You can trust the founders, but you have to verify that the data you have is correct.” David O. Sacks a general partner at Craft Ventures, added, “The number one part of diligence, I’d say for us—other than looking at metrics, which anyone can do—is the off-sheet references: talking to customers from a list that you figured out yourself, not from the company itself.” Chamath Palihapitiya, who founded the VC firm Social Capital in 2011, pointed to insufficient checks and balances and what he considers “deeply inexperienced” VCs, who he said “don’t even know how to ask the basic questions or—even more insidiously—you don’t have the courage to say the hard thing. And so these things happen that are frankly inexcusable.” He added that while venture capital may look easy from the outside, “in practical reality there are only a few legends in our business.” And when push comes to shove in a boardroom or in the middle of diligence, he said, “inexperienced people” may lack the gravitas to challenge a startup’s leaders. “There has to be conflict,” he said. “I think it’s a necessary feature of good decisions, and that conflict arises internally within your investment team, but it also has to come externally with the executives of the startup and with the CEO themselves.” sometimes I wonder whether VCs are as smart as they want us to believe. Maybe it is "moral hazard" since you are investing other people's money. Maybe it's the need to get a highet 2% of the higher deployed capital. Maybe it is just one of the risks that come with finding the next real unicorn. Maybe its FOMO. Maybe it's lack of due diligence as you say. "Maybe it's Maybelline"🤣 #venturecapital #founders #startup #entrepreneur #unicornstartup

Italy has a new VC Fund🌟 🏦The Italian Founders Fund (IFF), which has closed at €50m with backing from over 100 Italian founders. IFF aims to invest in pre-seed and seed-stage startups founded by Italians, regardless of where they are based. This development is a positive sign for Italy's startup ecosystem, which has been gradually improving. Serial founders are returning to Italy to start new businesses, family offices are showing increasing interest in venture investments, and Italy now boasts three unicorns: software builder Bending Spoons, and fintech companies Satispay and Scalapay.🦄🦄🦄 📉Despite these advancements, Italy’s startup funding dipped last year to €1.3bn from 2022’s $2bn, amid a broader downturn in the ecosystem. This year has also been slow, with just over €500m raised across 155 rounds. However, IFF believes that the trend is upward from here. "A new chapter has begun for the Italian venture capital ecosystem," says Lorenzo Franzi, IFF's founding partner and former partner at Global Founders Capital. 🏃♂️IFF aims to lead investments in 25 startups, writing cheques of €500k to €1.5m, and reserving up to €2.5m per company for follow-on investments. Its first two investments are Jet HR, which raised €4.7m last summer led by Exor Ventures (the largest pre-seed round in Italy), and Glaut, which announced a $1.4m pre-seed round led by IFF in April. The fund is managed by Koinos Capital SGR, an investment firm based in Milan.🤝 📈While funding for Italian startups has been growing, Italy still ranks eighth in Europe by VC investment, according to Dealroom. IFF aims to help Italy catch up both in quantity and quality of investments. With €50m to invest in 25 companies, IFF positions itself as a sector-agnostic, founder-friendly fund that understands the pain points of entrepreneurs. 🦸♂️"IFF is addressing the challenge for early-stage founders in Italy to find a high-conviction lead investor at the pre-seed and seed stages," Franzi told TechCrunch. Despite the presence of other VC firms in Italy like CDP Venture Capital SGR, Exor Ventures, and LVenture Group, Franzi believes there is still a gap for early-stage capital. 🚀IFF also complements accelerators and provides a step up from the angel investing that Franzi and other entrepreneur-turned-backers had been engaged in. The creation of IFF is a significant step towards strengthening Italy's venture capital landscape and supporting its early-stage founders. ✅ Looking to raise capital for your #VCfund and increase the international pool of your LPs?   🤝 Need warm #LP introductions?   📝 Selling #secondaries to increase liquidity?   🧐 Looking for co-investments (Series A/Series B)?   ▶ G+QUANT's link for inquiries and fund decks: https://lnkd.in/gjC_EuTE #VentureCapital #VentureFunding #VentureDebt #Fundraising #Entrepreneurship #Investing #Network #Investors #LPs #GPs #EmergingManagers #StartupFunding

💰Menlo Ventures 𝐡𝐚𝐬 𝐬𝐞𝐜𝐮𝐫𝐞𝐝 $1.35 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐧𝐞𝐰 𝐜𝐚𝐩𝐢𝐭𝐚𝐥, 𝐫𝐞𝐚𝐟𝐟𝐢𝐫𝐦𝐢𝐧𝐠 𝐢𝐭𝐬 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐧𝐮𝐫𝐭𝐮𝐫𝐢𝐧𝐠 𝐞𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐀𝐈 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬. 𝐀 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐝𝐞𝐭𝐚𝐢𝐥𝐬: 💡 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧-𝐀𝐈 𝐅𝐨𝐜𝐮𝐬: Approximately 80% of the fresh capital, totaling $1.08 billion, is designated for supporting AI companies, fortifying Menlo's position in the transformative AI landscape. 🌐 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: 𝐌𝐞𝐧𝐥𝐨 𝐗𝐕𝐈 (Early-Stage): Receives $550 million, targeting startups with zero to $3 million in annualized recurring revenue. 𝐈𝐧𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐈𝐈𝐈 (Early Growth): Secures $800 million, focusing on companies with $3 million to $10 million in ARR. 📈 𝐆𝐫𝐨𝐰𝐭𝐡 & 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧: This round elevates Menlo Ventures' total raised capital to over $3.8 billion across eight fund groups, with an impressive $5.2 billion distributed to Limited Partners (LPs). Notably, 𝐌𝐞𝐧𝐥𝐨 𝐗𝐕𝐈 and 𝐈𝐧𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐈𝐈𝐈 surpass their predecessor funds, emphasizing Menlo's commitment to fueling innovation. 🌍 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: While Menlo is keen on AI transformation, it strategically focuses on infrastructure companies—the building blocks for AI applications. The firm's portfolio boasts successful AI ventures like Pinecone, Anthropic, Typeface, and Cleanlab. 🚀 🌐 𝐓𝐫𝐚𝐜𝐤 𝐑𝐞𝐜𝐨𝐫𝐝 & 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐈𝐦𝐩𝐚𝐜𝐭: With a history spanning 46 years, Menlo Ventures has raised a cumulative $3.8 billion across eight fund groups. The firm's presence is highlighted by distributing $5.2 billion to LPs. Menlo achieved 80 portfolio exits and 15 IPOs, featuring notable companies like Getaround, Carbonite, 𝐆𝐢𝐥𝐞𝐚𝐝, Roku Inc., and Rover.com. 🦄𝐔𝐧𝐢𝐜𝐨𝐫𝐧 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬: The venture firm has supported 24 unicorns through seed and early-stage investments. Additionally, 65 portfolio companies have been acquired, with significant names like Stratacam (Cisco), Tenor (Google), and PillPack (Amazon) among them. 📌 𝐑𝐞𝐜𝐞𝐧𝐭 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: Recent Menlo investments include participating in Finch’s $40 million Series B and 𝐒𝐚𝐧𝐚 𝐋𝐚𝐛𝐬’ $34 million round. The firm actively engaged in Anthropic’s notable $450 million raise. 🔄 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲: Beyond AI, Menlo Ventures intends to continue investing in healthcare/digital health, consumer, cloud infrastructure, cybersecurity, fintech, and SaaS startups. #SiliconValley #VentureCapital #FundingNews #AIStartups #GenerativeAI #TechInvestment #VentureFunding #DisruptiveTech #MenloVentures https://lnkd.in/gkWzkWqY

📊LP Strategy – Why You Should Take an Index Approach to Startup Investing (Powered by Sydecar)📊 This week Zachary Ginsburg & I dive into portfolio strategy as an LP in early stage syndicate investing Investing in early stage startups is incredibly risky. According to a Harvard University study of 2,000 venture backed startups, it's estimated that 75% failed to produce any returns to investors. Only an estimated 1%-2.5% of venture backed companies ever become unicorns, companies worth over $1B. According to a study by CB Insights, only 0.07% of venture-backed startups have reached decacorn status, meaning only 1 out of every 1,400 venture-backed startups will become a $10B business. So what does this mean for you as a prospective investor (or LP) looking to invest in early stage startups via syndicates? Well it means a lot, but the most obvious take away is that picking unicorns and decacorns is extremely hard, and odds are that any single startup investment will return you near zero capital back. AngelList put together a distribution of returns on 10 investments out of the universe of 1,808 investments in their database prior to the Series C. The most frequently observed outcome from a 10-investment portfolio is slightly positive performance [slightly above capital back], well under the market return. This is a consequence of the power-law returns of venture capital: the typical manager fails to pick any outsize winners in their 10 chances, whereas the market portfolio is assured of selecting all of the return-driving winners. The prominence of these huge winners suggests that an indexing strategy (versus concentration) of investing in the entire early-stage venture universe will outperform roughly three-quarters of early-stage venture capital funds. We go into this and a lot more in our post today. Link to read & subscribe link in comments. -- Last Money In is the most actionable venture capital newsletter. Written by Zachary Ginsburg and Alex Pattis, global leaders in VC with >$200M AUM, we’ll teach you how to how to become more informed VC investors and gain access to the VC ecosystem, both as a fund manager and limited partner (Powered by Sydecar)

💰Menlo Ventures 𝐡𝐚𝐬 𝐬𝐞𝐜𝐮𝐫𝐞𝐝 $1.35 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐧𝐞𝐰 𝐜𝐚𝐩𝐢𝐭𝐚𝐥, 𝐫𝐞𝐚𝐟𝐟𝐢𝐫𝐦𝐢𝐧𝐠 𝐢𝐭𝐬 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐧𝐮𝐫𝐭𝐮𝐫𝐢𝐧𝐠 𝐞𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐀𝐈 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬. 𝐇𝐞𝐫𝐞'𝐬 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬: 💡 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧-𝐀𝐈 𝐅𝐨𝐜𝐮𝐬: Approximately 80% of the fresh capital, totaling $1.08 billion, is designated for supporting AI companies, fortifying Menlo's position in the transformative AI landscape. 🌐 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: 𝐌𝐞𝐧𝐥𝐨 𝐗𝐕𝐈 (Early-Stage): Receives $550 million, targeting startups with zero to $3 million in annualized recurring revenue. 𝐈𝐧𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐈𝐈𝐈 (Early Growth): Secures $800 million, focusing on companies with $3 million to $10 million in ARR. 📈 𝐆𝐫𝐨𝐰𝐭𝐡 & 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮��𝐢𝐨𝐧: This round elevates Menlo Ventures' total raised capital to over $3.8 billion across eight fund groups, with an impressive $5.2 billion distributed to Limited Partners (LPs). Notably, 𝐌𝐞𝐧𝐥𝐨 𝐗𝐕𝐈 and 𝐈𝐧𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐈𝐈𝐈 surpass their predecessor funds, emphasizing Menlo's commitment to fueling innovation. 🌍 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: While Menlo is keen on AI transformation, it strategically focuses on infrastructure companies—the building blocks for AI applications. The firm's portfolio boasts successful AI ventures like Pinecone, Anthropic, Typeface, and Cleanlab. 🚀 🌐 𝐓𝐫𝐚𝐜𝐤 𝐑𝐞𝐜𝐨𝐫𝐝 & 𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐈𝐦𝐩𝐚𝐜𝐭: With a history spanning 46 years, Menlo Ventures has raised a cumulative $3.8 billion across eight fund groups. The firm's presence is highlighted by distributing $5.2 billion to LPs. Menlo achieved 80 portfolio exits and 15 IPOs, featuring notable companies like Getaround, Carbonite, 𝐆𝐢𝐥𝐞𝐚𝐝, Roku Inc., and Rover.com. 🦄𝐔𝐧𝐢𝐜𝐨𝐫𝐧 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬: The venture firm has supported 24 unicorns through seed and early-stage investments. Additionally, 65 portfolio companies have been acquired, with significant names like Stratacam (Cisco), Tenor (Google), and PillPack (Amazon) among them. 📌 𝐑𝐞𝐜𝐞𝐧𝐭 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: Recent Menlo investments include participating in Finch’s $40 million Series B and 𝐒𝐚𝐧𝐚 𝐋𝐚𝐛𝐬’ $34 million round. The firm actively engaged in Anthropic’s notable $450 million raise. 🔄 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲: Beyond AI, Menlo Ventures intends to continue investing in healthcare/digital health, consumer, cloud infrastructure, cybersecurity, fintech, and SaaS startups. #SiliconValley #VentureCapital #FundingNews #AIStartups #GenerativeAI #TechInvestment #VentureFunding #DisruptiveTech #MenloVentures https://lnkd.in/gM7CKjBn

Gurugram-based investment tech platform Soonicorn Ventures has received the green light from the Securities And Exchange Board Of India (SEBI) to launch an #angelfund, which will operate as a Category-I Alternate Investment Fund (#AIF). With a total corpus set at ^INR 250 Cr, it also has an additional INR ^250 Cr green-shoe option, bringing the total fund capacity to ^INR 500 Cr. The fund plans to back #earlystage #startups across sectors like - #dronetechnology - #B2BSaaS - #Electricvehicles - #Fintech - #Supplychainlogistics The fund plans to invest in startups at the #Seed to #SeriesA stages, with ticket size ranging from ^INR 50 Lakh to ^INR 4 Cr. Vijay Singh Rathore, CEO and cofounder of Soonicorn Ventures, said that the platform had set a target of building a portfolio of ^30 startups this year, which it has already achieved in less than eight months despite a funding winter. From the outset, Soonicorn Ventures’ vision was to create a #community of High Net Worth Individuals (#HNIs), #VentureCapitalFunds, #FamilyOffices, and #AngelNetworks. Soonicorn Ventures’ said that besides funding, the company will also be engaged with its portfolio startups in helping them with #mentorship and #globalnetworking #opportunities. It claims that the platform’s angel investors also #collaborate closely with the founders, offering expertise in #technology, #marketing, and other areas of #businessdevelopment. Despite the startup ecosystem battling with a severe funding winter since last year, in the recent past, there have been several fund launches – largely catering to the early stage startups. According to Inc42 Media analysis, over ^38% (20) of the funds announced this year (52) are focussed on #earlystagestartups. Earlier today, early-stage B2B SaaS-focused Pentathlon Ventures announced the launch of its second fund with a target corpus of ^INR 450 Cr. Similarly, early-stage fund house Unicorn India Ventures also announced the first close of its ^INR 1,000 Cr fund III at INR 225 Cr. Recently, gradCapital launched its ^$6 Mn second fund to invest in student startups. In July, Micro VC fund CapFort Ventures also launched an ^INR 200 Cr #techfund to invest in ^40 startups in the next two years. WealthiGO The Art of Alternative Investments Real Estate Focussed AIFs I Fractional Assets I REITS I PropTech Startups wealthigo@shkglobalventures.com #alternativeinvestment #indiagrowthstory #realestate #aifs #fractionalownership #reits #proptech #startups