Posted on

Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum

Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 […]




Posted on

LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist

Saul Klein is a busy man. As co-founder, with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives – […]




Posted on

Dcode Capital raising $50M fund to build bridge between startups and federal government

The U.S. federal government needs better tech, but implementing new systems is more complex than the nuclear launch codes. The internal process to build new tech moves at a slow […]




Posted on

The arrest heard ’round the crypto world

Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking about the arrest that has everyone […]




Posted on

Indonesia’s Astro raises $60M to work on 15-minute grocery delivery

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 […]




Posted on

Data intelligence startup Near, with 1.6B anonymized user IDs, lists on Nasdaq via SPAC at a $1B market cap; raises $100M

The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form […]







Posted on

VCs, unicorn founders back Truora, a startup that helps LatAm businesses onboard users via WhatsApp

Truora, a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. Propel Venture Partners and Accel led the investment for […]