Tag: miami

Longtime VC, and happy Miami transplant, David Blumberg has a new $225 million fund

Blumberg Capital, founded in 1991 by investor David Blumberg, has just closed its fifth early-stage venture fund with $225 million, a vehicle that Blumberg says was oversubscribed — he planned to raise $200 million — and that has already been used to invest in 16 startups around the world (the…

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Journey Clinical raises $3M to allow psychotherapists to prescribe psychedelics

Psychedelics companies are all the rage right now. Compass Pathways is working with the magic mushroom compound psilocybin to treat depression. It’s has raised $290 million in total. Atai Life Sciences — backed by PayPal co-founder Peter Thiel — brought in $258 million from its IPO. In the tech space,…

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Kaseya hack floods hundreds of companies with ransomware

On Friday, a flood of ransomware hit hundreds of companies around the world. A grocery store chain, a public broadcaster, schools, and a national railway system were all hit by the file-encrypting malware, causing disruption and forcing hundreds of businesses to close. The victims had something in common: a key…

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In search of a new crypto deity

Hello friends, and welcome back to Week in Review! Last week, I wrote about tech taking on Disney. This week, I’m talking about the search for a new crypto messiah. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and…

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Extra Crunch roundup: first-check myths, Miami relocation checklist, standout SaaSy startups

This may seem like a great time to launch a SaaS startup, but the landscape is crowded with well-designed applications that promise “blazingly fast and delightfully simple” experiences, according to seed-stage investor John Chen of Fika Ventures. Most SaaS startups will fail, but not because of a sour marketing campaign…

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Clubhouse will create billions in value and capture none of it

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. It was a busy week on the IPO front, Danny was buried in getting the Tonal EC-1 out, and Natasha took…

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