PYMNTS-MonitorEdge-May-2024

Venture Capital

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Source: en.wikipedia.org

Amazon Web Services Offers Support to Early-Stage Startups
Amazon Web Services Offers Support to Early-Stage Startups
August 09, 2023  |  Amazon

Amazon Web Services (AWS) says it wants to assist early-stage startups amid a tight funding environment. The company on Wednesday (Aug. 9) introduced AWS Build, a...

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Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
August 04, 2023  |  Digital-First Banking

The original venture backers of Canadian eCommerce lender Clearco are reportedly buying a loan made to the company by Silicon Valley Bank (SVB). Inovia Capital and Founders Circle Capital, joined by...

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PHX Ventures to Invest in Arizona’s High-Growth B2B Software Companies
PHX Ventures to Invest in Arizona’s High-Growth B2B Software Companies
August 03, 2023  |  Commercial Payments

PHX Ventures has announced an over-subscription of its second fund at $25.4 million to invest in Arizona’s high-growth B2B software companies. Founded by software entrepreneur Gregg Scoresby,...

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37 Angels’ Lee: Angel Investing Has Evolved From Side Gig to Asset Class of Its Own
37 Angels’ Lee: Angel Investing Has Evolved From Side Gig to Asset Class of Its...
August 01, 2023  |  Investments

Picture an entrepreneur pitching their business to a panel of investors to convince them that their idea is worth funding. That’s the concept of the...

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Sequoia Capital Reportedly Downsizes 2 Major Funds
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023  |  Investments

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes...

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Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
July 16, 2023  |  Investments

Venture capital (VC) outfits are reportedly shrinking their megafunds after years of building them up. As The Wall Street Journal (WSJ) reported Sunday (July 16), these...

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Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
July 14, 2023  |  Acquisitions

Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence...

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Venture Spending Drops by Almost Half in US
Venture Spending Drops by Almost Half in US
July 06, 2023  |  Startups

Times are tough for early-stage startups, suffering a drastic drop in venture capital spending. American investors backed 3,011 startup deals in the second quarter of...

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Silicon Valley Bank Cautiously Restarts Lending Operations
Silicon Valley Bank Cautiously Restarts Lending Operations
July 05, 2023  |  Banking

Silicon Valley Bank (SVB) has reportedly — and carefully — reentered the startup/venture lending business. As The Wall Street Journal (WSJ) reported Wednesday (July 5), the bank —...

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