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TechCrunch

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VC firm NFX laid off 4 employees and plans to hire more investors

  • Venture capital firm NFX laid off four employees in September as part of a resource rebalancing strategy.
  • The layoffs included one product leader and three engineers, while the investment team remained unaffected.
  • NFX plans to hire new individuals for the investment team in San Francisco and Israel.
  • NFX, founded in 2017, invests in pre-seed and seed-stage companies and has raised nearly $1 billion across its funds.

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