Harry Destecroix co-founded Ziylo while studying for his PhD at the University of Bristol. Ziylo, a university spin-out company, developed a synthetic molecule allowing glucose to bind with the bloodstream more effectively. Four years later, and by then a Phd, Destecroix sold the company to Danish firm Novo Nordisk, one
Tag: fund
You can start a venture fund if you’re not rich; here’s how
Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom
VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startup over the next 18 months. The group — with offices in London, Lagos, and Nairobi — is looking for tech-enabled, revenue-driven ventures in Africa from seed-stage to Series B, according
Another former Kleiner partner launches a fund; this time it’s Lynne Chou O’Keefe with Define Ventures
Week in Review: The old Vision Fund heave-ho
Rappi and Oyo pare staff as Vision Fund companies trim costs, target profits
This week we’ve covered layoffs at unicorns both inside the Vision Fund and out. This afternoon we add two more to our list: Oyo and Rappi. The staff reductions are surprising — and not. They are surprising, as Oyo (India-based, low-cost hotels) and Rappi (Latin America-focused e-commerce) were bright lights in
A venture firm that invests ‘from Park City to Kansas City’ just closed its third fund
Sometimes, in venture capital, it pays to specialize. The latest indicator is a Kansas City, Mo.-based venture firm that’s focused on seed-stage startups that are based anywhere from “Park City to Kansas City.” According to an SEC filing, it just closed on $16.4 million in capital commitments. It’s the third
While other tech giants fund housing initiatives, Amazon is opening a homeless shelter — inside its HQ
As big tech gets bigger, industry leaders have begun making more noise about helping homeless populations, particularly in those regions where high salaries have driven up the cost of living to heights not seen before. Last January, for example, Facebook and Chan Zuckerberg Initiative, among other participants, formed a group
Ada Ventures launches with a $34M fund aimed at super-charging diverse global founders
Pear, whose seed-stage bets are followed closely, just raised $160 million for its third fund
Pear, a six-year-old, Palo Alto, Ca.-based seed-stage firm whose bets on nascent startups are closely watched by early stage investors, has closed on $160 million in capital commitments from a wide array of backers, including a previous investor, the University of Chicago. It’s more than twice the $75 million that the