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As startups accelerate in record Q3, Europe and Asia rack up huge VC results

TechCrunch

The two continents enjoyed more venture capital investment into their local startups than in some time, underscoring that strong VC results the United States saw in the third quarter were not a fluke, but part of a broader trend. The Exchange explores startups, markets and money. A strong Q3. Asia: $24 billion.

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Startup accelerators’ definition of ‘value add’ is due for a refresh

TechCrunch

Even to outsiders, the inner workings of startup accelerators has become familiar: pumped up on camaraderie and energy drinks, scrappy founders do product demos onstage before a room full of buzzy journalists and investors. Let’s start with a juicy topic: pro rata.

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Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19

TechCrunch

Four fintech startups — Cowrywise , Riby , Wallets Africa , and ThankUCash ; a crypto-exchange startup, BuyCoins ; a SaaS platform, Accounteer; an edtech startup, Schoolable ; and healthtech startup, 54gene. 2019 saw the local VC firm invest in six companies.

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Venture capital undermines human rights

TechCrunch

Amnesty International recently surveyed the world’s largest venture capital firms and startup accelerators. Overall, of the 50 VC firms and three startup accelerators analyzed by Amnesty International, we found that almost all of them lacked adequate human rights due diligence policies and processes. of all U.S.

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

TechCrunch

Brett Calhoun Contributor Share on Twitter Brett Calhoun is the managing director and general partner at Redbud VC. Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player.

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5 things you may have missed in Atomico’s 2021 Europe report

TechCrunch

The Exchange explores startups, markets and money. The Exchange has been tracking Europe’s startup acceleration for years now. For reference, that figure was below $10 billion in Q2 2019, Q3 2019, Q4 2019 and Q2 2020. Per the same data set, in the first three quarters of 2021, VC-backed tech M&A worked out to $54.9

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Brazil’s Black Silicon Valley could be an epicenter of innovation in Latin America

TechCrunch

Vale do Dendê coordinates with local startups, investors and government agencies to support entrepreneurship and innovation and runs startup acceleration programs specifically focusing on supporting Afro-Brazilian founders. It attracted backing from Facebook Brasil and grew 770% in 2020.