A $60M venture fund with a twist, and more startup-on-startup acquisitions

Today on Equity’s startup-focused Wednesday show, we dug into the Multiverse-Searchlight deal that reminded us of the Wonderschool-Early Day transaction that we covered on the show a few weeks back. We also dug into the latest Guesty round, which was both large and interesting from a financial perspective, the Monad Labs transaction that led us to try and explain the difference between L1 and L2 blockchains, and Cyera’s quick recent megaround. Put more simply, startup news is feeling very busy, and very high-dollar again, and that’s a lot of fun for the show. To round things out, we also squeezed in a new venture capital fund targeting growth-rounds in Africa. That's it for us today, but join us on Friday for our roundtable news roundup! Equity is TechCrunch’s flagship podcast and posts every Monday, Wednesday and Friday, and you can subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full interview transcript, for those who prefer reading over listening, read on, or check out our full archive of episodes over at Simplecast. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices