When 500 Startups partner Hasan Haider announced the $15 million first close for the accelerator and investment firm’s Middle Eastern focused fund, 500 Falcons, Dave McClure was still at the helm of Silicon Valley’s second most famous accelerator. Within a month, McClure was removed from the accelerator after admitting to sexual misconduct and 500 Startups […]
View More Two years after a first close, 500 Startups wraps its Middle East fund with $33 millionCategory: Christine Tsai
AirAsia launches a $60M fund to help startups get into Southeast Asia
Budget airline AirAsia is getting into the VC game after it unveiled a venture capital fund that aims to invest in startups across the world. The airline today announced Redbeat Capital, a $60 million fund that it says will operate independently and seek deals with startups worldwide in areas such as travel, lifestyle, fintech and […]
View More AirAsia launches a $60M fund to help startups get into Southeast AsiaSlack raises, Dropbox and Snap report earnings, and Magic Leap is real
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Matthew Lynley and Alex Wilhelm were joined by 500 Startups CEO Christine Tsai for what turned out to be a super packed episode. We kicked off with the latest from Slack: $400 million new dollars at a shiny, […]
View More Slack raises, Dropbox and Snap report earnings, and Magic Leap is real500 Startups takes strategic investment from Abu Dhabi Financial Group
500 Startups, the U.S.-headquartered VC firm hit by scandal last year after co-founder Dave McClure resigned following allegations of sexual misconduct, has announced an unconventional deal that sees Abu Dhabi Financial Group (ADFG) take a stake in its parent company. It is normal for VC firms to work closely with big corporates as LPs that […]
View More 500 Startups takes strategic investment from Abu Dhabi Financial Group