Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna Capital. The transaction enables NEA to give its limited partners some liquidity at a time...
Thanks to AI, American venture funding reached its highest quarterly total in two years. Venture capital (VC) investments for the second quarter came to $55.6 billion, Reuters reported Wednesday (July 3), citing data from PitchBook. That figure marks a 47% increase over the $37.8 billion...
Tech investments in Europe are reportedly in bloom after a long fallow period. This turnaround is the subject of a report Monday (June 3) by the Financial Times (FT), which noted that deal making has picked-up at early stage companies, with venture capital (VC) groups...
Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three months of this year, Reuters reported Monday (May 20), citing data from PitchBook. That report frames this as a tentative signal...
June 06, 2023
New York and London — two of the world’s leading business-destination cities and top global financial centers — have a “strong two-way flow in terms of FinTech innovation,” say Innovate Finance CEO Janine Hirt and Stephen Feline, North America director at London & Partners. “When you look at our two ecosystems, we are world leaders […]
May 04, 2023
Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion mark in 2022 as investors...
April 17, 2023
Silicon Valley Bank (SVB) helped pioneer venture debt as a critical source of alternative financing. After its untimely failure, many market observers are beginning to wonder — will that source of...
April 07, 2023
In a challenging macroeconomic market that has led to a sharpened focus on belt-tightening, FinTech firms are under mounting pressure from investors to pivot from growth to profitability. It’s a...
July 17, 2024
Anthropic and Menlo Ventures have launched a $100 million fund for artificial intelligence (AI) startups. “We created this fund to fuel the next generation of AI startups through the powerful combination of Menlo’s extensive company-building experience and Anthropic’s pioneering AI technology and deep research expertise,” Menlo said in a news release Wednesday (July 17). “Through […]
July 15, 2024
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna...
July 03, 2024
Thanks to AI, American venture funding reached its highest quarterly total in two years. Venture capital (VC) investments for the second quarter came to $55.6 billion, Reuters reported Wednesday (July...
June 03, 2024
Tech investments in Europe are reportedly in bloom after a long fallow period. This turnaround is the subject of a report Monday (June 3) by the Financial Times (FT), which...
