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Elevate Capital recently released its inaugural 2023 Impact Report, highlighting the financial success of the firm and its commitment to investing in underrepresented entrepreneurs. Here are some key points from the report:

Seedstars Africa Ventures, a Paris- and Nairobi-based venture capital firm, has closed a $30 million capital commitment from EIB Global, the arm of the European Investment Bank, for its first pan-African fund.

TLDR: SQIM, an Italian biotech and biomaterials company, has raised €11M in funding in a round led by CDP Venture Capital and ECBF VC. The company plans to use the funds to

TLDR: Nikhil Kamath, co-founder of Zerodha, has launched Gruhas Collective Investment Fund in collaboration with talent management and influencer marketing firm Collective Artists Network. The fund has an initial investment of Rs.

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TLDR: – Samsung C&T Corporation, along with its subsidiaries Samsung Biologics and Samsung Bioepis, has signed an MOU for strategic cooperation with the US-based venture capital firm Flagship Pioneering. – The collaboration

TLDR: Parag Agrawal’s AI startup, focused on developing software for language models, has raised $30 million in funding led by Khosla Ventures. Agrawal, the former CEO of Twitter, was fired by Elon

TLDR: – TechCrunch is part of the Yahoo family of brands, including Yahoo and AOL. – When using their sites and apps, cookies are used to provide services, authenticate users, and measure

TLDR: Biotech VC firm Flagship Pioneering has announced expanded collaborations with Samsung C&T Corp. and Thermo Fisher Scientific as part of an initiative focused on “enabling technologies” for the life sciences. The

TLDR: – Investor patience for bad founder behavior may finally wear thin in the tech industry. – Startups with controversial founders, such as Mark Zuckerberg, Brian Armstrong, Adam Neumann, and Henry Ward,