EverythingStartups Weekly

Keep up with tech, new VC funds & where early-stage capital is flowing in less than 5 minutes a week.

Welcome to everyone new here who signed up last week!

So much going on, with the newly launched VC database, VC reports, + all the ways I’m trying to improve this newsletter & still finding my way around it, it’s been a crazy few weeks. So you will see things are looking a bit different in this week’s edition + a very extensive “Top Pre-Seed to Series A Fundings” section. More to come. For now, the direction of this newsletter is covering early-stage deals, new VC funds, & possibly focusing on emerging managers.

Let’s get into this week’s edition on what’s happening in startup & VC world + the main highlights.

But first, you might find some of these resources helpful:

New Instagram account with more great startup & VC content.

Cheers,
Ivelina

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New VC Funds 🟣

Fresh capital in the past week…

  • United Founders – Up to €1M for Hardware, Dual-Use, Medtech

  • Rubio Impact Ventures €70M for Circularity, Education, Economic Inclusion, Green Jobs

  • MVP Ventures$125M for AI, Hardware, Software

  • CMT Digital$136M for Crypto, Blockchain


Signals 🟣

The vibe of the week, news, data, thoughts, what people are talking about, etc…

Hot rounds 🔥

  • Cursor, a popular AI coding tool, closed a $2.3 billion funding round, with investment from Accel, Thrive Capital, Andreessen Horowitz, DST Global, Coatue, Nvidia and Google.

  • Gamma, a San Francisco-based AI-powered presentation-making platform and website builder, raised $68 million in Series B funding led by Andreessen Horowitz, with participation from Accel, Uncork Capital, and others.

  • Wonderful, a startup developing AI agents for customer-facing enterprise applications across voice, chat, and email, raised $100 million in a Series A round led by Index Ventures. Insight Partners, IVP, Bessemer, and Vine Ventures also showed up.

  • Scribe, a startup helping enterprises capture and analyze workflows to identify where automation and AI can drive returns, raised $75 million in a Series C. StepStone led the deal, joined by Amplify Partners, Redpoint Ventures, Tiger Global, Morado Ventures, and New York Life Ventures.


Deep dive of the week: Why Investors Fight for Pro Rata Rights and What Founders Should Know 🟣 

Investors fight hard for pro rata rights, and you, as a founder, need to handle them wisely.

A pro rata right gives an investor the option to maintain their ownership percentage in your company by participating in future funding rounds. And while pro rata rights might seem like a minor term to founders, for investors they’re mission-critical.

These rights are how VCs execute their fund strategy, protect their position in future rounds, and build the stories they need to tell their LPs. Without pro rata, even a well-placed early check can lose its upside.

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