Kia Kokalitcheva / Axios

Shasta Ventures, known for its early investments in companies like Nest, is debuting a new investment initiative dubbed the Shasta Camera Fund. Principal Jacob Mullins unveiled the fund on Monday at the TechCrunch Disrupt conference in San Francisco.

Through the new fund, the firm is going after the recent boom in apps and tools focused on photos, videos, and augmented reality. Major social media companies like Snap and Facebook have already declared the camera as the next frontier, and with tools like Apple's ARKit and Google's ARCore, among other tools, it's easier than ever for entrepreneurs to build these new media experiences.

Fund details: It will invest at the pre-seed or seed stage, up to $100,000 per startup. It's a carve-out from Shasta Ventures' Fund V.

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Ilhan Omar wins Minnesota primary

Photo: Stephen Maturen/Getty Images

Rep. Ilhan Omar (D-Minn.) won the Democratic primary against lawyer Antone Melton-Meaux on Tuesday evening, AP reports.

Why it matters: The race is one that's played out across the U.S. as progressives continue to sweep party nominations. Omar's win officially means all four progressive members of "The Squad" have won their primary elections.

Updated 2 hours ago - Politics & Policy

25 face felony charges after downtown Chicago hit by looters

Police officers inspect a damaged Best Buy in Chicago that was looted and vandalized. Photo: Scott Olson/Getty Images

Local police officers are seeking felony charges in 25 cases following the arrest of 100 people in the wake of widespread looting and property damage in Chicago on Monday, per the Washington Post.

Driving the news: Law enforcement said the event involving hundreds of people was a coordinated response after an officer shot a suspect Sunday evening, according to CBS Chicago.

Marjorie Taylor Greene wins Georgia's 14th district runoff

Photo: Elijah Nouvelage / Getty Images

Gun-rights activist Marjorie Taylor Greene defeated physician John Cowan in a runoff election for the Republican nomination in Georgia's deep-red 14th Congressional District on Tuesday, AP reports.

Why it matters: Greene, a vocal QAnon conspiracy theorist who has been condemned by GOP leaders for making multiple offensive remarks about Black people, Jews and Muslims in Facebook videos, is likely to win a seat in the House come November.