GitHub launches $1.25M open source fund with a focus on security

[ad_1] The open source funding problem is very real, but a slew of initiatives have emerged of late, with startups, corporations, and venture capitalists launching various programs to support some of the most critical projects via equity-free financing. Today it’s GitHub’s turn, launching the GitHub Secure Open Source Fund with an initial commitment of $1.25 … Read more

Ben Ling’s Bling Capital has already nabbed another $270M for fourth fund

[ad_1] Bling Capital, one of the more prolific and well-connected seed VC firms, has nabbed another $270 million for a new flagship fourth fund. About half of those fresh millions are earmarked for its opportunity fund, money set aside to make follow-on investments into winners, Bling general partner Kyle Lui tells TechCrunch. Bling is the … Read more

Altos Ventures, an early backer of Coupang and Roblox, raises $500M fund

[ad_1] Altos Ventures, the Silicon Valley venture capital firm that has backed the likes of Roblox, Coupang, PandaDoc and Quizlet, has secured $500 million for its latest fund, according to SEC filings. The firm has been around for almost three decades and this is its largest fund to date. Altos Ventures declined to comment on … Read more

SoftBank Vision Fund co-CEO Misra to exit

[ad_1] Rajeev Misra is to step down from his leadership roles at SoftBank’s flagship technology investment vehicles, marking the final departure of one of the Japanese group’s most prominent dealmakers. The company announced on Tuesday that Misra, who helped steer the $100 billion Vision Fund through both its meteoric rise and subsequent challenges, will relinquish … Read more

Former Raya, Dispo exec has a new fund for the biggest out-of-favor tech: consumer

[ad_1] The idea of one day becoming a venture capitalist always loomed in the back of TJ Taylor’s mind. After all, he had an extensive tech background. He co-founded a stock app and worked in community at the dating app Raya and the photo-sharing app Dispo. After leaving Dispo at the end of 2022 he … Read more