Venture Capital

This Invention Makes Riding a Bike Indoors a Lot Less Awful - Bloomberg

For decades, cyclists hoping to stay fit through the winter have been presented with the same choice: bundle up and brave the elements or resign …

Cycling

Personal lending company SoFi confirms $500 million funding round

SoFi, an online marketplace for lenders and borrowers, announced today that it is currently raising an additional $500 million. The round is being led by private equity firm Silver Lake Partners.<p>The San Francisco-based fintech company initially began offering student loans when it was founded in …

Capitalism

'Bigscreen' Social VR Desktop App Raises $3 Million Seed Investment Led VC Firm Andreessen Horowitz

Bigscreen Inc, the company behind the social VR desktop app, <i>Bigscreen</i>, last year told us they’d raised a seed round from “Tier 1” VC firms. Today the …

Virtual Reality

European 'Real Tech' Badly Lags US Because It Lacks Later Stage Funding -- Magister Advisors

Europe is a powerhouse in some tech, but it’s fashion tech and e-commerce tech, says Victor Basta, managing partner at Magister Advisors in London, where tech plays a supporting role to retail.<p>“Europe is much further behind the US in late stage tech investing than it appears,” he wrote recently on …

Startups

2016 'Spectacular' Year for VC Investment in Canada

2016 was a spectacular for venture capital investment in Canada - the biggest since 2001. Canadian Venture Capital And Private Equity Association …

Startups

Term Sheet — Friday, February 24

FRIDAY!<p><b>Scoop:</b> Roku is in advanced discussions to raise at least $200 million in new funding at a post-money valuation of approximately $1.5 billion, …

Capitalism

Vanedge Capital closes largest B.C. venture capital fund in 13 years

Vancouver’s Vanedge Capital Partners Ltd. has closed B.C.’s largest venture capital fund since 2004 after raising $161-million in its second limited partnership.<p>Investors in Vanedge’s second fund include federal agencies BDC Capital and Export Development Capital, the B.C. government’s $100-million …

India Deals: Stayzilla Shuts Down; AirMap Raising $26M; Flipkart to Raise $1.5B & More

Snapdeal may reportedly shut its offices in Surat, Hyderabad, Ahmedabad, Kolkata, Indore & Bhopal and it will close down some of its warehouses, as …

Startups

Gelt Venture Capital's syndicate

Gelt VC is distinguished in its approach to venture investing as well as the industries in which we focus.<p>Approach<p>EMBEDDED VC: Almost everyone agrees …

Startups

Wing seeks additional $20 mln

Enterprise-focused <b>Wing Venture Capital</b> has filed to raise a $20 million pool called Wing Strategic Partners Two. It’s uncertain if the filing is a …

Investing

Bigscreen Takes Aim at Social VR

Andreessen Horowitz-backed startup’s software is focused on socializing, or even working, in virtual reality<p>To read the full story, Join Now or Sign In<p>Members Only<p>This is the kind of news coverage and analysis you can access exclusively as a WSJ Pro Member.

Virtual Reality

Roadmunk nabs $1.5 mln

<b>Roadmunk</b>, a roadmap visualization software platform, has secured $1.5 million in a seed-stage financing. The round was led by Canadian venture …

Product Management

Roku Raising New Round of Funding

<i>This article first appeared in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here.</i><p>Roku is in advanced discussions to raise at …

Markets

What Nobody Tells You About Taking VC Money

You don't need venture capitalists to make it; all you need is an entrepreneurial spirit and a strong grasp of your goals.<p>With worldwide venture capital activity for 2016 down by 24 percent -- and total deal funding down from $141 billion in 2015 to $127 billion in 2016, according to a KMPG report …

Startups

K2 Global’s $183 million VC fund aims to decentralize Sand Hill Road

K2 Global is announcing a $183 million venture capital fund targeted at early stage startups with global aspirations. The fund is closing significantly larger than the $58 million the firm initially raised. With a decentralized team and no Sand Hill Road office, K2 Global aims to bring Valley …

Startups

Venture Capital Fund to Become First to Issue Own Digital Tokens - Bloomberg

Blockchain Capital LLC, which backs startups that use the technology best known for supporting bitcoin, plans to raise a new $50 million fund partly …

Startups

Chamath Palihapitiya wants to change the world

How the son of Sri Lankan immigrants grew up poor in Ottawa, became buddies with Mark Zuckerberg, made a fortune at Facebook, and set out to solve the problems of the 99%<p>“The most important thing in my job is to write down what you believe in,” he has said, “and to use money to amplify your moral …

Silicon Valley

Hiatus raises $1.2M in seed funding to track and negotiate your reoccurring bills

Hiatus, a New York-based startup that helps you identify (and potentially cancel) your monthly reoccurring subscriptions, has raised $1.2M in seed funding.<p>Founded in 2015, Hiatus first connects to your bank account and identifies your paid reoccurring subscriptions, some of which you may have …

Seed Funding

What to Get Right When Raising Money: 5 Insights for Startups From a Former VC

Don't expect VC funds to just be handed to you.<p><i>This article was written by Sharam Fouladgar-Mercer, who is the co-founder and CEO of AirPR, a technology platform to increase PR performance.</i><p>Though many directors haven’t acted, they know how to coach actors because they’ve seen it all: from stars …

Entrepreneurship

Nuclear Energy Startup Transatomic Backtracks on Key Promises

The company, backed by Peter Thiel’s Founders Fund, revised inflated assertions about its advanced reactor design after growing concerns prompted an …

Nuclear Energy

There's more than $10 billion in demand for Snap's hot IPO

There is more than $10 billion of demand for Snap's hot IPO so far, according to people familiar with the situation who declined to be named because the information is private.<p>Snap's public offering is the biggest tech IPO in recent memory.<p>The company is seeking to raise as much as $3.2 billion and …

Business

Venture capital investment soars to dot-com boom levels

The average deal size last year was $6.1-million, the highest since 1999<p>Canada saw another banner year for venture capital and private equity in 2016, hitting levels of investment not seen since the dot-com boom.<p>That’s the conclusion of the Canadian Venture Capital & Private Equity Association’s …

Canada

A new way for founders to connect with the right VCs

A young Silicon Valley venture firm is taking the wraps off a piece of software that it says makes it a cinch for founders to figure out which VCs are worth approaching, based on stage, sector, and a variety of other factors.<p>It’s called Signal, and it’s the first project of NFX Guild Labs, an …

Silicon Valley

Investors line up to refill fintech coffers

Fintech firms Nymbus and Monzo separately announced that investors are pouring in additional money to fuel their growth.<p>Nymbus, a cloud-based core …

FinTech

When Angels Meet Entrepreneurs

The year was 1997. This is the landmark year when India started exploring its new interest in entrepreneurship. As part of a business family, I was …

Entrepreneurship

Term Sheet — Thursday, February 23

IPO CHRISTMAS<p><b>Cirque du LBO:</b> <i>Fortune’s</i> latest feature story, published this morning by colleague Michal Lev-Ram, is about what happens when private …

Capitalism

IoT Monthly Review: 2017 Off To A Big Start

Earnings commentary reflected more IoT interest from incumbents across all industries.<p>M&A and investments were led by Cisco's $3.7B acquisition of …

Internet of Things

Singtel Furthers Ad-Tech Ambitions With Turn Acquisition

Acquisition offers mixed signals for turbulent ad tech market<p>Singapore-based telecom provider Singtel is pushing further into the advertising technology business with the acquisition of ad-buying firm Turn Inc., in what may be a mixed signal for the turbulent ad tech market.<p>On the one hand, the …

Innovation

Main Line firm raises $137M for software buyouts

PeakEquity Partners, a group of veteran venture capitalists based in Radnor, has completed its first fund, raising $137 million (topping its $100 …

Philadelphia

TL Biolabs Announces $4M in Funding Led by Andreessen Horowitz

SANTA CLARA, Calif.--(BUSINESS WIRE)--TL Biolabs, a start-up on a mission to improve agriculture through technology, announced today the company has …

Andreessen Horowitz