Mark Bezos, the younger sibling of Jeff Bezos, and David Moross, a private equity veteran, have established a new venture capital arm, HIPstr, at HighPost Capital
Additionally, it provides new capital for enterprises’ investments.
The newly established entity has announced the initial VC fund of $100 million. Bloomberg reported that HighPost Capital concentrates on consumer companies, while HIPstr endeavors to capitalize on the significantly reduced startup valuations of the past few years.
The fund has already invested in half a dozen early-stage firms, such as Wild Common, a liquor company founded by Kylie Jenner, and After.com, a cremation services provider that recently secured a $10 million Series A round.
The trending P2E game Hamster Kombat has introduced a new way for users to earn more for those who withdraw…
Like Google, Amazon has released an AI-powered video generator, but it can only do a few things at a time…
Upchieve, a free app offering 24/7 college counseling and tutoring for low-income students, introduces a new tool to support teachers…
The crypto regulators in Hong Kong may launch Ethereum ETF staking by the end of 2024, which could likely give…
The US SEC is seeking a Coinbase lawsuit discovery extension as they have reached an agreement with Coinbase to shift…
Worldcoin, a global digital identity and cryptocurrency initiative, has introduced Face Auth, a new security measure for the World ID…