Category: Venture Capital

Canvas Ventures hires former Social Capital GP Mike Ghaffary – TechCrunch

Canvas Ventures is expanding its team of three general partners to four with the hiring of Mike Ghaffary, a former general partner at Social Capital. An experienced operator and investor, Ghaffary was previously the chief executive officer of Yelp subsidiary Eat24, as well as the co-founder and vice president of the podcast platform Stitcher. Ghaffary
Read More »

Failed meal-kit service Munchery owes $6M to gift card holders, vendors – TechCrunch

Several weeks after a sudden shutdown left customers and vendors in the lurch, meal-kit service Munchery has filed for bankruptcy. In the Chapter 11 filing, Munchery chief executive officer James Beriker cites increased competition, over-funding, aggressive expansion efforts and Blue Apron’s failed IPO as reasons for its demise. Munchery owes $3 million in unfulfilled customer
Read More »

Taali takes its popped water lily snacks from Y Combinator to the world – TechCrunch

Aditya and Aarti Kochhar Kaji didn’t set out to start the snack food business Taali Foods when they were studying for their business degrees at Harvard. The couple both hail from Mumbai and met at the University of Pennsylvania . They were married before starting at Harvard’s Business School and initially were interested in other areas
Read More »

Jupiter Networks invests $2.5M in enterprise tech accelerator Alchemist – TechCrunch

Alchemist, which began as an experiment to better promote enterprise entrepreneurs, has morphed into a well-established Silicon Valley accelerator. To prove it, San Francisco-based Alchemist is announcing a fresh $2.5 million investment ahead of its 20th demo day on Wednesday. Jupiter Networks, a networking and cybersecurity solutions business, has led the round, with participation from
Read More »