Colorful Capital, which launched in 2022 to focus on investing in LGBTQIA+-identifying founders, will end its attempts at raising a fund, according to an email seen by TechCrunch. It’s unclear if the firm is shutting down for good. Colorful Capital’s co-founders, William Burckart and Megan Kashner, declined to comment. A former employee who used to […]
Siddhi Capital grabs $135M for Fund II to invest in consumer packaged goods startups
When Siddhi Capital’s Melissa Facchina started working in her family’s juice manufacturing businesses at a young age, she got hooked on how to be an efficient operator. As she grew up, she saw how the food system was changing: More people starting to demand transparency in the supply chain and caring about better quality ingredients […]
Why isn't the Tour de France finishing in Paris? Reason famous race isn't ending in French capital
The Tour de France – the most famous bike race in the world – has traditionally finished in one of the most famous cities in the world, Paris. Year after year we see famous images of the general classification leader cycling past the Arc de Triomphe with a flute of champagne in his hand, in […]
PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital
Canadian private equity firm PartnerOne paid $ 28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $ 21 million and its Q1 2024 revenue stood at […]
Why it made sense for an online community college to raise venture capital
When Tade Oyerinde first set out to fundraise for his startup, Campus, a fully-accredited online community college, it was incredibly difficult. VCs have backed for-profit education companies in the past, including Coursera and Udacity, but backing a more traditional two-year college is different. Plus, he was looking for funds a few years ago when higher […]