Personal FinanceStartups

Asymmetric Capital Defies VC Odds with $137 Million Second Fund Amid Industry Shifts

New York-based Asymmetric Capital Partners has reportedly closed a $137 million second fund, surpassing its original target. The firm’s philosophy emphasizes capital efficiency and founder outcomes, contrasting with industry trends toward larger funding rounds.

Defying Industry Trends with Focused Fundraising

Asymmetric Capital Partners has successfully raised a $137 million second fund, exceeding its $125 million target according to reports from Fortune. This achievement comes during a challenging period for venture capital firms, particularly those established during the 2021 funding boom. Sources indicate that only approximately 8% of first-time VC funds from 2021 have managed to raise larger second funds, making Asymmetric’s accomplishment particularly notable.

AI AnalyticsBusiness

Ben Horowitz and Raghu Raghuram on AI Infrastructure, Computing Shift, and Political Investment Landscape

Former Netscape colleagues Ben Horowitz and Raghu Raghuram reunite at Andreessen Horowitz to tackle AI infrastructure investments. They discuss the shift from deterministic to probabilistic computing and how political developments shape their investment strategy in artificial intelligence and technology sectors.

Ben Horowitz and Raghu Raghuram, former Netscape colleagues turned technology leaders, have reunited at Andreessen Horowitz during a pivotal moment for artificial intelligence infrastructure and venture capital investing. Their reunion comes as the computing industry undergoes what both describe as the most significant transformation since the firm’s founding, with AI creating unprecedented opportunities across enterprise and consumer sectors.

The Computing Paradigm Shift: From Deterministic to Probabilistic

BusinessStartups

British Business Bank Direct Investment Strategy Boosts UK Startups

The state-funded British Business Bank has shifted its investment approach to provide direct funding for scaling UK startups. With £250 million already deployed to 33 tech and life sciences companies, the bank plans to increase direct investments to 25% of its Industrial Strategy capital.

The British Business Bank has launched a significant strategic shift toward direct investment in UK startups, deploying £250 million to 33 scaling companies while addressing critical funding gaps in the innovation economy. This move represents a fundamental change for the state-funded institution, which previously channeled most capital through venture capital funds.

Addressing UK Startup Funding Challenges