Venture capital

Alums From Index, Bessemer, A16z Raise $350M For New VC Firm

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Chemistry founders Mark Goldberg, Kristina Shen and Ethan Kurzweil were “anxious” to begin with. “We think the market is right for it,” Kurzweil said. Jamie Viggiano for Kimi Mark Goldberg, Ethan Kurzweil and Kristina Shen left top jobs at blue chip VC firms to launch Chemistry, a new equity partnership focused on supporting Series A … Read more

Lilium faces bankruptcy as air taxi firm struggles to raise cash

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German company Lilium manufactures electric passenger flying drones. Lilium German aerospace startup Lilium faces bankruptcy if it does not raise emergency funds from the state government for the southeastern state of Bavaria. The bankruptcy would mark a dramatic decline for a startup once considered Europe’s best chance to build the 21st century equivalent of “cars” … Read more