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“Hard Tech Focus: Matter Venture Partners Secures $300M for Debut Fund”

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Wen Hsieh and Haomiao Huang, both Kleiner Perkins investors, left the firm in 2023 to start their own venture capital fund called Matter Venture Partners. The median venture fund raised that year was around $37 million, according to a PitchBook-NVCA Venture Monitor report. Matter Venture Partners invests at the large seed rounds, Series A and Series B. He believes that Matter Venture Partner’s focus on hard tech was the reason for the oversubscription. We like to fund them and entrepreneurs that contribute to these new innovations.”So far, Matter Venture Partners invested in six companies not made public yet.

“New Arrival: Robinhood’s Credit Card Takes On Apple & Upcoming Rivals – From TechCrunch Minute”

Robinhood Tc Minute Site
Robinhood’s new credit card was revealed Tuesday, and though it’s only available for Robinhood Gold members, the Gold Card does have a feature that’s spurring headlines: the ability to invest cash back bonuses into investments. But what gives with tech companies getting into the consumer credit game? You could argue that Robinhood’s choice to offer a card is just an extension of its already-expanding portfolio of financial products. But Apple also has a card, recall. And the tech giant is getting deeper into the realm of personal finance as time goes along.

Robinhood Changes the Game with New Credit Card Offering Cash Rewards in Addition to Investment Opportunities

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Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perksEight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Apple, for instance, offers 3% cash back on all purchases made at Apple, and on purchases made at select merchants when using the Apple Card with Apple Pay. In general, purchases made on Apple Card with Apple Pay earn users 2% back. It’s why we started Robinhood…” Robinhood co-founder and CEO Vlad Tenev said in a written statement. “Today’s announcements…bring us one step closer to the goal of giving everyone better access to the financial system.”Robinhood Gold Card, explained:What are the requirements to apply for a Robinhood Gold Card?

“Maximize Your Earnings: Robinhood’s Innovative Credit Card Offers Investment Options for Cash-Back Rewards”

Robinhood Gold Card
Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. However, it will only be available for Robinhood Gold members, which costs $5 a month, or $50 annually. Apple, for instance, offers 3% cash back on all purchases made at Apple, and on purchases made at select merchants when using the Apple Card with Apple Pay. The new credit card is part of Robinhood’s evolving business model and offerings over the years. Gold Membership, a requirement to get the Gold Card, increases the eligible match to up to 3% match.

“European Deep Tech to Receive $185 Million Investment by OTB Ventures with Support from NATO Innovation Fund”

Otb Ventures Co Founders And Managing Partners Marcin Hejka And Adam Niewinski
Not a day goes by without some confirmation that ​​deep tech is on the rise in Europe — and that public and private capital investors are here for it. Latest case in point, OTB Ventures, which closed a $185 million fund to invest in deep tech in Europe that it will mostly deploy at the Series A stage. OTB’s take on deep tech focuses on four verticals that do sound fairly NATO-compatible: space tech, enterprise automation and AI, cybersecurity and fintech infrastructure. This means we can’t confirm either whether the funding that went to OTB could also have gone to, say, a French or Austrian deep tech fund. Like NIF, OTB is headquartered in Amsterdam, and its other office is in Warsaw, where NIF is also planning to have a regional office.

“Establishing Connections: Ethos Fund’s Inaugural Investment in U.S.-Vietnamese Tech Pioneers”

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Yi and Shin started Ethos Fund two years ago to bridge opportunities and startup communities between Vietnam and the United States. They are also investing smaller checks into third culture founders there who fall into categories, including returned Vietnamese diaspora, Vietnamese Americans and expats residing in Vietnam, and subsequently doubling-down with larger checks into validated startups. “Ethos is called Ethos because we focus on the ethos of the founders,” Yi said. One of the things Yi noticed about his startups was that they weren’t growing past a certain stage. Now the pair wants to help startup founders figure those lessons out early.

“Could Reddit be the Next Hot Meme Stock? Seeking Insights from Redditors”

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Reddit users wonder if the next big meme stock is Reddit itself Reddit invites power users in on its IPO, but other Redditors are also considering an investmentJeremiah Johnson says he has “an embarrassing amount” of Reddit karma. They’re also wondering if Reddit could be the next meme stock, which could prove lucrative or disastrous. Though she wasn’t invited to invest early, she plans to buy stock in Reddit once it officially goes public. “Reddit is really dependent on power users who moderate the site, and because they’ve given those power users actual power, power users did for a day or two literally make the site unusable,” Johnson said. Max Spero, a startup founder in his twenties, plans to buy Reddit stock post-IPO because he’s a fan of the platform, which he’s been using for 11 years.

QIA Commits $1 Billion to International and Regional Venture Capital Funds

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The Qatar Investment Authority (QIA) is launching a $1 billion venture capital (VC) fund of funds for international and regional venture capital funds, the sovereign wealth fund announced on Monday. Similar to typical fund-of-funds structures, QIA’s initiative will invest indirectly through other VC funds but also make targeted co-investments with participating funds. These funds, aiming to reduce reliance on oil, have increasingly poured money into tech startups in the region, hoping to nurture a thriving venture capital industry. However, unlike Jada, the PIF’s $1 billion fund of funds and Saudi Venture Capital (SVC), which targets both venture capital and private equity funds, QIA’s fund of funds focuses solely on venture capital funds, marking the first of its kind in the region. Historically, these wealth funds have backed foreign startups primarily in the U.S. and Asia, with limited ties to the Gulf region.

“Revolutionize Your Financial Management with Grifin’s Revolutionary Auto-Investment Model while Shopping”

Grifin Co Founders
Investing app Grifin today officially launched its anticipated investing model called “Adaptive Investing,” which enables you to automatically invest in your favorite brands that you frequently shop from. “Investing, and even having a healthy positive relationship with money, is an incredibly difficult thing to do and achieve,” co-founder Aaron Froug tells TechCrunch. It also introduces a “Secret Cash” function, allowing for non-public purchases and putting more money away as cash for their future. “I’ve been personally using our app for a little over two years and I’ve invested in 115 unique companies,” he notes. Additionally, Grifin is planning a redesign of its app, which will include a premium version as well as an AI chatbot to help people learn how to invest.

Golden Ventures raises additional $100M for Canadian tech investments

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Golden Ventures, a Canada-based venture capital firm, closed on over $100 million in capital commitments for its fifth fund targeting high-potential, seed-stage founders working across technologies, including AI, climate, blockchain and quantum. “This is a continuation of our core thesis and created to be super founder-aligned,” Golden told TechCrunch. The firm makes both core investments and those that lean more on the angel side. Over 13 years, Golden Ventures has backed over 100 companies at the seed stage. Golden Ventures V is backed by a group of existing institutional limited partners, including BDC Capital, ECMC Group, Foundry, HarbourVest Partners, Kensington Capital Partners, Northleaf Capital Partners, RBC, Teralys Capital, University of Chicago and Vintage Investment Partners, and new institutional partner Deloitte Ventures.