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 […]
Alphabet to invest another $5B into Waymo
Alphabet will spend an additional $ 5 billion on its self-driving subsidiary, Waymo, over the next few years, according to Ruth Porat, the company’s chief financial officer. Porat announced the commitment to a new “multi-year investment” Tuesday during Alphabet’s second-quarter earnings call. “This new round of funding, which is consistent with recent annual investment levels, […]
Austin-based Ironspring Ventures raised $100m to invest in industrial revolution
When Ironspring Ventures launched in 2020 to back startups in industrial sectors like construction and manufacturing, it was one of very few early-stage venture firms paying attention to those capital-intensive sectors. Now, the firm is doubling down. The Austin, Texas-based firm raised $ 100 million for its second fund to focus on industrial startups. This […]
VW to invest up to $5B in Rivian software deal
Volkswagen Group said Tuesday it will invest $ 1 billion into EV startup Rivian as part of a broad software development deal that could expand to as much as $ 5 billion. It’s a boon for Rivian, which has a tenuous path ahead as it pushes to develop its mass-market R2 SUV. The company’s shares […]
With €50 million to invest, Italian Founders Fund looks for entrepreneurs with global ambitions
While funding for Italian startups has been growing, the country still ranks eighth in Europe by VC investment, according to Dealroom. Newly created Italian Founders Fund (IFF) hopes to help with the catching up, both in quantity and in quality. With €50 million to invest into 25 companies, it also positions itself as a sector […]