Partners at Sequoia, GGV, General Catalyst and Greylock join Valence’s VC initiative for Black founders

The new, Los Angeles-based online professional network for Black talent, Valence, has launched a new initiative called the Valence Funding Network to link Black entrepreneurs with top partners at firms…

Continue ReadingPartners at Sequoia, GGV, General Catalyst and Greylock join Valence’s VC initiative for Black founders

Pinewood Atlanta Studios outlines safety measures as it prepares to restart movie and TV production

Frank Patterson, president and CEO of Pinewood Atlanta Studios, said that in March, his studio was “utterly full” with two major films and three streaming shows in production. (Pinewood doesn’t…

Continue ReadingPinewood Atlanta Studios outlines safety measures as it prepares to restart movie and TV production

Wirecard, the disgraced German payments firm backed by Softbank, files for insolvency over €1.3B in loans coming due

The house of cards has well and truly collapsed for Wirecard, the German payments company that has been accused of accounting fraud. Today it announced that its German operation Wirecard…

Continue ReadingWirecard, the disgraced German payments firm backed by Softbank, files for insolvency over €1.3B in loans coming due

Illumina’s accelerator has an impressive 93 percent follow-on funding rate — here’re its latest picks

Since its launch in 1998 Illumina and its genetic analysis toolkits and services have become an essential component of the new biological manufacturing and therapeutic development industries which have emerged…

Continue ReadingIllumina’s accelerator has an impressive 93 percent follow-on funding rate — here’re its latest picks