Venture Capital

Crowdfunding is forcing venture capital outside of the Silicon Valley bubble

Kickstarter projects are having real impact, according to a new study.<p>The success of crowdfunding platforms and projects completed through those platforms has helped to expand investment by venture capitalists outside Silicon Valley, University of California — Berkeley researchers found.<p>When …

Startups

Paris is closing in on London as Europe’s startup capital

Paris could be closing in on London as Europe's startup capital, with research from CB Insights suggesting investments in France-based startups in the third quarter of 2016 almost reached the value of investments in tech firms based in the UK.<p>French startup investments between Q2 and Q3 2016 rose …

Startups

3 Moms Tackle Carpool Chaos, Take on Uber With HopSkipDrive

3 Moms Tackle Carpool Chaos, Take on Uber With HopSkipDrive<p>HopSkipDrive's on-demand 'CareDrivers' will take your kids home from school, to tutoring …

Uber

After Bai's Big Exit, CAVU Raises New $209M Fund To Back More Beverage Winners

Food and beverage investment shop CAVU Venture Partners didn’t exist two years ago. A quick $1.7 billion exit later, and they can’t invest fast enough.<p>When CAVU launched in January 2016 with a $156 million fund, it got immediate hype. One partner, Rohan Oza, has been closely tied to the …

Startups

Report: $12BN invested in European startups last year, but fewer $30M+ deals

Investment in European startups held up last year despite fears of a slowdown, with some $12 billion invested during the year, according to an annual report compiled by French investment advisors Clipperton, working with Digimind’s WhoGotFunded database.<p>The report notes the year as effectively on a …

United Kingdom

Rocket Internet Capital Partners fund closes at $1 billion

Rocket Internet has announced the closing of its $1 billion fund Rocket Internet Capital Partners [RICP] for investing in early stage and growth …

Startups

Two Bit Circus raises $15 million to build next-generation micro-amusement parks

Experimental entertainment company Two Bit Circus has raised $15 million in a funding round led by Jazz Venture Partners, with participation from existing investors including Foundry Group, Techstars Ventures, Intel Capital, and a handful of new investors.<p>Founded out of Los Angeles in 2012, Two Bit …

Series A Round

Founders, don’t trust your venture capitalists… or should you?

The quick answer is <i>sometimes</i> — and always with eyes wide open. As a serial founder who devolved into a venture capitalist five years ago, I’ve wrestled with this question. In fact I’ve struggled with it my full 20 years in tech.<p>My baptism by fire with trust and venture capital came during my tenure …

Startups

Alibaba backer GGV Capital looking to raise first yuan fund

HONG KONG (Reuters) - Venture capital firm GGV Capital, an early backer of Chinese e-commerce giant Alibaba Group Holding Ltd, is looking to raise its first yuan fund to make it easier to invest in Chinese sectors restricted to foreigners such as the internet.<p>GGV, also an early investor in Chinese …

China

African Tech Start-ups Raised $129m In 2016

Tech start-ups in Africa raised $129-million in funding in 2016, according to a new report, which found a 16.8% increase in the number of successfully funded start-ups over 2015.<p>‘South Africa, Nigeria and Kenya remained the three most popular investment destinations on the continent, accounting for …

Startups

Brazil: A look into Latin America’s largest startup ecosystem

In September 2012, Forbes published a lengthy feature heralding Brazil’s arrival as “one of the most entrepreneurial countries in the world.” At the time, the South American giant had been powering through a global recession, with growth rates that drew the envy even of its surging companions in …

Startups

2017 Technology IPOs - 5 Contenders

While Snapchat generates the IPO headlines, several rumoured IPOs may be better bets.<p>2017 is expected to be the year that sees technology IPOs return …

Startups

Vanguard Of The Unicorns: AppDynamics Aims To Continue Strong Returns From 2016 Tech IPOs

AppDynamics (Pending:APPD) is set to be the first "unicorn" of the 2017 IPO market. The provider of application optimization software is on the IPO …

Market Capitalization

Fig secures $7.84M in funding to 'accelerate' crowdfunding platform

The crowdfunding platform Fig has raised $7.84 million in funding from a Series A financing round led by venture capital firms Spark Capital and …

Entertainment Industry

Exclusive: Mithril, Led by Peter Thiel and Ajay Royan, Closes on Roughly $850 Million

That Peter Thiel was suddenly cast into the center of U.S. politics in 2016 isn’t something that either Thiel or his longtime friend and colleague Ajay Royan could have anticipated in 2014, when they founded Mithril Capital Management. But it doesn’t change much for the low-flying, 12-person firm, …

Silicon Valley

Today Deals: Urban Ladder Plans to Raise Upto $30M and 20 More Updates

Kochi-based technology solution company MobME said on Wednesday that it was planning to raise 100-130 crore over the next six months to expand its …

Startups

Vegan Fashion Designers Reach for Next Level: Venture Capital and Organized Supply Chain

As the vegan lifestyle merges into the mainstream, fashion designers who appeal to that market strive to grow their business to the next level with …

Fashion

InsideSales $50 million round includes another Microsoft investment

InsideSales, a predictive analytics platform which helps salespeople focus on finding and engaging prospects at the right time and in the right way, announced a $50 million round today with a couple of strategic investors — Microsoft and the Irish government.<p>The round was led by Polaris Capital, a …

Startups

Robots will start delivering food to doorsteps in Silicon Valley and Washington, D.C., today

Starship ground delivery robots will now deliver for Postmates and DoorDash.<p>Starting today, residents and businesses in Redwood City, Calif., and Washington, D.C., can get food delivered right to their doors — via robot.<p>Starship Technologies, an Estonia-based startup created by two Skype …

Robotics

3 Startup Accelerators Net Almost 10 Percent of All U.S. Series A Rounds

As Mattermark has found, the top three accelerators in the startup business — Y Combinator, Techstars, and 500 Startups — have been responsible for …

Startups

Venture capital in 2017 is when the rubber hits the road for returns

In the United States, VC funds raised a whopping $40.6 billion in 2016[1]. It was the largest year for VC fundraising since 2000 when the venture industry raked in a jaw dropping $101.4 billion[1]. Yet the 2016 exit market was a mixed bag.<p>Despite many forecasting (hoping?) that herds of unicorns …

Startups

Why this Chinese private equity company bought its first US ad tech firm

Chinese investors have acquired another U.S. ad tech company, the latest in a string of such deals in recent months.<p>Innotech Capitals, the investment …

China

This is what a venture capitalist in deep, deep denial sounds like: Theranos backer Tim Draper

There was once a moment in time when Theranos was one of the most successful startups in the country—a blood-testing dynamo that would change medical science forever, improve the lives of millions of people, and make a hefty chunk of change for its investors.<p>Venture capitalist Tim Draper appears to …

Silicon Valley

Tuesday, January 17th, 2017

<b>From the Investors</b><p><b>Brad Feld of Foundry Group</b> encourages CEOs to focus their organization into product, customer, and company ‘machines’ in “The Three …

Startups

Data Compliance Startup Gets $50 Million From Zuckerberg’s Fund - Bloomberg

Collibra, a software company that helps big organizations -- from banks to manufacturing firms to healthcare providers -- keep tabs on their data, …

Startups

Security vendor OPAQ Networks launches security-as-a-service platform, raised $21M Series A

Series A Round

Drone delivery startup Flirtey raises $16 million to become a next-gen UPS

Drone delivery startup Flirtey has raised $16 million in Series A funding to bring its high-flying service to new customers, companies and possibly countries. Earlier, the startup raised $120,000 in seed funding and participated in the Y Combinator accelerator. Flirtey was also the first company to …

Consumer Technology

VC firms are about to start pitching the UK government for the £400 million it is giving away to stop British startups being snapped up by foreign companies

Venture capital firms with a taste for British startups can now apply for share of £400 million being made available by the UK government.<p>Chancellor Philip Hammond announced last November that the extra cash would be made available to VC funds, with an eye to stopping fast-growth tech firms being …

Politics

Jellyvision acquires healthcare automation platform FlexMinder, plans to expand Seattle office

Jellyvision has acquired FlexMinder, a Seattle startup that helps healthcare administrators automate the insurance claims submission …

Health Care

How To Choose The Best Angel Investor For Your Startup

Angel investors vary widely in their expertise and abilities. Here's a look at the top qualities to both seek out and avoid when considering angel …

Angel Investing