TechCrunch Fundraising
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Superorganism Raises $25M to Back Biodiversity Startups
Superorganism, launched in 2023, closed its inaugural fund with $25.9 million from investors including the Cisco Foundation and Andreessen Horowitz partner Jeff Jordan. The firm will write $250,000‑$500,000 checks for pre‑seed and seed‑stage biodiversity startups and donate 10 % of profits to future conservation. Its portfolio spans extinction‑prevention tech, climate‑biodiversity crossover solutions, and conservation tools, exemplified by Spoor’s AI that tracks bird movements to protect wind farms. The fund targets a 35‑company portfolio, aiming for sector‑wide diversification.
Sequoia Unveils $950M in New Early-Stage Funds as It Strives to Be ‘only as Good as Our Next Investment’
Sequoia Capital announced two new early‑stage funds totaling $950 million—a $750 million Series A fund and a $200 million seed fund—to back outlier founders as AI‑driven valuations soar. The launch follows a $200 million loss on its FTX investment and the 2023 separation of its...
Redwood Materials Raises Another $350M to Power up Its Energy Storage Business
Redwood Materials raised $350 million in a Series E led by Eclipse with strategic participation from Nvidia’s NVentures to accelerate its new Redwood Energy storage business, expand refining and materials production, and hire engineering and operations staff. The round—raising the...
