Almost a year ago, Alphabet’s growth stage venture arm, CapitalG, named partner Laela Sturdy as its new head, just as the unit’s founder, David Lawee, stepped down. Few were surprised Sturdy was promoted to the post. She joined Google in 2007 in a marketing role, was pulled into a number of departments in the following … Read more
Anu Hariharan, who led YC Continuity before the storied accelerator scrapped the program, has partnered with two of her former colleagues and former Brex executive Lucas Fox to launch a new fund that is targeting raising about $350 million and operating a program that some peg as “YC for growth,” four sources familiar with the … Read more
It’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture capital firm, achieves the final close of its debut fund, raising a total of $205 million, surpassing its initial target. This also highlights a keen interest from institutional investors in supporting African startups at an essential phase of their journey. Norrsken22, established … Read more