Benjamin Encz’s and Abhik Pramanik’s paths to entrepreneurship were long and unusual. Having previously worked as an R&D engineer at FX companies Industrial Light & Magic and DreamWorks on films like “Transformers” and “How to Train Your Dragon,” Pramanik left the film industry in 2012 to join VC firm Social Capital as an engineer in…
Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader European market via a new base in Ireland. The news comes shortly after the U.K.-based neobank raised a couple of hefty tranches of funding, starting with $430…
The StrictlyVC roadtrip continues! Coming off of sold-out events in London, Los Angeles, and San Francisco, we’re heading to Washington, D.C. for a cozy-vc-packed, evening at the Woolly Mammoth Theatre on Tuesday, June 11 in partnership with Revolution. StrictlyVC events are known for delivering exclusive insights and fostering meaningful connections among top investors, entrepreneurs, and…
The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An estimated 9.5 billion pounds of returns ended up in landfills in 2022 alone, according to data from return logistics software company Optoro. New York-based (Re)vive wants to help…
Wesley Chan is often seen in his signature buffalo hat; however, he may be even more well-known for his ability to spot unicorns. Over the course of his career in venture capital, he’s invested in over 20 unicorns, including AngelList, Dialpad, Ring, Rocket Lawyer and Sourcegraph. Five of those went on to become decacorns: Canva,…
The RAW Dating App aims to shake up the dating scheme by shedding the fake, TikTok-ified, heavily filtered photos and replacing them with a more genuine, unvarnished experience. The app targets young professionals and students, particularly women aged 21 to 27, who seek genuine interactions. The company’s team claims it raised a $3 million friends…
Yes, we’re calling it “ThreadsDeck” now. At least that’s the tag many are using to describe the new user interface for Instagram’s X competitor, Threads, which resembles the column-based format of Twitter’s old app TweetDeck (now X Pro). Two weeks after first testing the functionality that allows Threads users to pin columns to the home…
