Venture

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Sequoia to invest in Anthropic, breaking VC taboo on backing rivals: FT

Sequoia Capital is reportedly joining a blockbuster funding round for Anthropic, the AI startup behind Claude, according to the Financial Times. It’s a move sure to turn heads in Silicon Valley. Why? Because venture capital firms have historically avoided backing competing companies in the same sector, preferring to place their bets on a single winner.

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Superorganism raises $25M to back biodiversity startups

Superorganism launched in 2023 as what it claims is the first venture capital firm focused on biodiversity, aiming to serve as the conservationist on the cap table for nature-friendly startups. Now, the firm has closed its first fund, securing $25.9 million in capital commitments from Cisco Foundation, AMB Holdings, and Builders Vision, among others, along

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