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OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage in finding that fit. Data shows that a lack of expertise and business acumen in founders contributes to failed VC investments. The same principle applies…

VCs and the military are fueling self-driving startups that don’t need roads

VCs and the military are fueling self-driving startups that don’t need roads

A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector. Unlike the companies bringing robotaxis to city streets, these startups are taking their tech off-road.  Two recent entrants — Seattle-based Overland AI and New Brunswick-based Potential — are poised to get…