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Gener8tor is the biggest startup accelerator you’ve never heard of…

TechCrunch

One of the ways that those pots of cash are being invested is through venture capital, which means the money flows to the coasts — New York, Boston, Silicon Valley. For the past decade, Gener8tor has been working to shift that by spinning up accelerators in local communities that have money but are underserved in terms of startup support. .

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Hong Kong accelerator Brinc raises $30M Series B

TechCrunch

I’ve visited Brinc’s headquarters the last few times I’ve been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization primary through its consumer hardware companies — a primary focus when it was founded, back in 2014.

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6 Things Alexis Ohanian Wishes Someone Had Told Him Before He Started Reddit

Entrepreneurs' Organization

Ohanian returned in November 2014 as chairman, and Huffman eight months later as CEO. When Ohanian and Huffman first pitched Paul Graham of startup accelerator Y Combinator in Boston in June 2005, their idea–for a site called “Mmm”–was rejected. –before coming back to lead Reddit.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

Friederike Grosse-Holz, a director at impact investment firm Blue Horizon, said lab-grown meat is “a little like a moonshot,” but predicts that 11% of the seafood, meat, eggs and dairy consumed globally in 2035 will come from alternative sources. Startup accelerators’ definition of ‘value add’ is due for a refresh.

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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Angel investments in 2022 equaled those from 2006 to 2011 combined. Family office investments increased by 5x , and corporate venture investments rose 6x , thus opening new capital avenues for founders who found it difficult to raise capital. Crowdfunding witnessed a 2.4x growth from 2020 to 2021.

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AC Ventures reaches first close of a $250M fund for Southeast Asian startups

TechCrunch

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds.

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Extra Crunch roundup: first-check myths, Miami relocation checklist, standout SaaSy startups

TechCrunch

Telehealth startup Doximity filed to go public earlier today. Notably, the company has not fundraised since 2014, a year in which it attracted just under $82 million at a valuation of $355 million, per PitchBook data. Dear Sophie, I do recruitment for tech startups. Doximity’s S-1 may explain why healthcare exits are heating up.

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