Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Seven Seven Six, Alexis Ohanian's Venture Capital Firm, Acquires College-Focused ONIT
Seven Seven Six, Reddit Co-Founder Alexis Ohanian's venture capital firm, has acquired ONIT, the officially-licensed college sports trading card company. ONIT creates trading cards for thousands of student-athletes on hundreds of collegiate teams.
PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul
“As part of our continued efforts to sharpen our focus, we are exploring strategic options for our corporate venture capital arm, PayPal Ventures,” the spokesperson said, per the report. “We don't have additional details to…
Elon Musk and Altman are generating the future
It happened: A public offering on the stock exchange of the technology and space giant SpaceX, 69 years after the USSR launched the first artificial satellite in human history on October 4, 1957. The Soviet launch stunned the Western world and…
Cleantech is powering Calgary's next phase of growth
Calgary's emergence as one of Canada's fastest-growing tech ecosystems is no accident. Beneath the headline figures of rising venture capital, expanding talent pools, and global recognition, sits a critical engine driving that growth an done…
The New Bird Is Smartbird
It does seem like the preferred way to raise money for an idea in artificial intelligence is with institutional venture capital. Some once quite far-fetched AI ideas have paid off richly and rapidly in recent years, and there's a lot of venture…
Calgary's rise signals a shifting centre of gravity in Canada's tech economy
Calgary is no longer a peripheral player in Canada's innovation story. Instead, it is emerging as one of the country's most dynamic and fastest-growing technology ecosystems—an evolution now confirmed by the 2026 Global Startup Ecosystem…
Alexis Ohanian's VC firm acquires college sports trading card company ONIT
When Reddit co-founder Alexis Ohanian describes something new in his life as a “dream come true,” it might raise eyebrows. But for a trading card and memorabilia collector like him, owning a card company is still the definition of the…
Massachusetts was just ranked the best economy in the US. Innovation is a big reason why.
Whether it's cornfields, tornadoes, or Broadway, every state is known for something. But in terms of overall economic strength, one state stands above the rest. Massachusetts has the best economy in the United States, according to a WalletHub study…
Influential Republican demands US probe into Airwallex's China ties
An influential Republican senator has asked Treasury officials to investigate Airwallex and accused the payments giant, heavily backed by local venture capital firms, of having deep ties with the Chinese government. Tom Cotton, a Republican from…
Edmonton's global ranking reflects a startup ecosystem built for the long game
Edmonton's startup talent base is a competitive advantage. Released today, Startup Genome and the Global Entrepreneurship Network annual Global Startup Ecosystem Report placed Edmonton in the top 10 in North America for funding runway and third in…
Joshua Baer, the architect of Austin's tech scene, dies at 50
The man who died when a small jet crashed on a Texas highway was an entrepreneur well-known in the state for being at the center of Austin's turbocharged evolution as a technology hub. Joshua Baer, 50, described himself as an…
XDOF's $70M for robot training data, AstroNova's labelling deal, and a quantum SPAC
• XDOF, a San Mateo, Calif.-based robotics training data company, raised $70m from Thrive Capital, Spark Capital, a16z, Lux, and WndrCo. Go deeper • Convey, an SF-based AI agents developer, raised a $38m Series A. A16z led, joined by…
Tech bro 'godfather' killed after private jet crashes into motorway
A millionaire tech boss has died in a horror private jet crash on a Texas highway. Joshua Baer, the CEO of Capital Factory, was confirmed by the company as dying in the crash on Tuesday night and described him as a 'visionary force, mentor, and…
Man who died in Texas plane crash was a key figure in seeding Austin's technology boom
Joshua Baer, who died when a small jet crashed in Texas, described himself as an “ Austinpreneur,” a reference to the state capital and his specialty of helping people get into business. Baer's LinkedIn page shows him wearing a black…
Man who died in Texas plane crash was a key figure in seeding Austin's technology boom
The man who died when a small jet crashed on a Texas highway was an entrepreneur well-known in the state for being at the center of Austin's turbocharged evolution as a technology hub. Joshua Baer, 50, described himself as an…
Receive a Daily briefing on Venture Capital Industry News
Get Started