The 10X Capital Newsletter

We create and invest in healthcare and technology companies that improve lives all over the world.

Founders made up more than a third of the investors in the new vehicle, a departure from the LP makeup of earlier funds.

Foundry Group, an 18-year-old venture firm with nearly $3.5 B in assets, has quietly decided to shut down and not raise any more funds.

Sequoia Capital plans to fund up to three open source software developers annually, as part of an ongoing program it debuted last year.

Rising stockpile of ‘dry powder’ is a sign of private capital’s growing attraction as an asset class.

Breaking with industry custom, the VC firm has begun lobbying to help the defense-focused startups it invests in.

Proven Strategies and Pitfalls to Avoid in VC Communication with Investors

For companies that raised substantial capital on SAFEs and aren’t tracking towards their original valuation goals, a new round with pay-to-play provisions may be an effective way to raise necessary capital.

Partech has closed its second Africa fund at €280 million ($300 million+), solidifying its position as the largest Africa-focused fund.

The firm considers a number of factors when scouting new startups, like their plan for infrastructure, especially now that AI is everywhere.

The Wingman Ventures, the Zurich-based pre-seed-stage venture capital firm that focuses on Swiss startups, announced today it is rebranding as Founderful. It has also raised $85 million for its new Fund II, with a target of closing $120 million in the next few months.

The firm has seen a dry spell in venture liquidity but consistent exits in growth equity

Beta Boom has recently closed its $14.5 million Fund II, with investments from Ally Bank, Pivotal Ventures (A Melinda French Gates Company), Bank of America, and Atento capital, among others.

Madison-based NVNG Investment Advisors announced this week it’s closed its first fund of funds with $50 million in commitments.

Founded by BitGo alum Pete Najarian, the fund was spun out of Jim Pallotta’s family office and will focus on real-world blockchain use cases.