Venture Daily

NATO’s $1B VC Fund, China’s Chip Tech Issues, Birkenstock’s $10B IPO


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Featured Guests: Scott Beechuk, partner, Norwest | Mat Ellis, co-founder & CEO, Sixty A.I. | Aziz Gilani, managing director, Mercury Fund | Jun Hong Heng, founder & CIO, Crescent Cove

NATO raises over $1 billion dollars for their new venture fund, U.S. restrictions on exporting chip tech to China seems to have slowed China chip markets, and Birkenstock eyes an IPO as early as September with an $8-$10 billion dollar raise.

*Norwest Venture Partners has offices in Menlo Park, San Francisco, Tel Aviv, and Mumbai. They no longer have an office in Palo Alto (as mentioned in the episode).

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Venture DailyBy Demo Day