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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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Pittsburgh’s AI expertise may give rise to an already growing startup market

TechCrunch

Having local expertise in the category every VC wants to invest in right now doesn’t hurt, either. I talked about Pittsburgh’s startup ecosystem on the City Cast Pittsburgh podcast recently in the context of two high-profile startup failures there, Ford- and VW-backed Argo AI and robotic vertical farming outfit Fifth Season.

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500 Global spreads its wings across the Caucasus and Eastern Europe, via Tbilisi

TechCrunch

Central, South Eastern, and Eastern Europe have already seen a number of new VCs recognize the talent coming out of those regions (see Inovo, Credo, LauncHub, Vitosha, VentureFriends, Marathon VC etc). As part of this they have bagged a former partner at Shilling VC in Lisbon, Pedro Santos Vieira.

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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. At the dawn of 2022, there were 2,900 active VC firms, marking a 225% increase since 2008.

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

TechCrunch

Use alternative financing to fuel VC-level growth without diluting ownership. Investors are hungry for startups to throw their money at, but VC funding isn’t always the right option at all times or for every startup. Use alternative financing to fuel VC-level growth without diluting ownership. @yourprotagonist.

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The latecomer advantage in startups

TechCrunch

In the rest of this newsletter, we’ll talk about chief inspiration officers, growing startup accelerators and a rare buzz we’re hearing about one tech company and its public market wishes. All to say, there’s definitely an opportunity to find talent if you are hiring. As always, you can follow me on Twitter or Instagram.

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More funding for Israel’s SaaS security startups as Atmosec raises $6 million seed round

TechCrunch

Israeli SaaS security startup Atmosec today announced having raised a $6 million seed round led by Israeli VC firm Glilot Capital Partners and American fund Battery Ventures. Its team had previously participated in Intel Ignite’s fourth Tel Aviv startup acceleration cohort.

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