Tagged: venture capital

Fintech Funding Plunges to New Low in Q3 2023: S&P

Venture capital (VC) investment in Fintech companies dropped 36% to $6 billion in the third quarter of 2023, with deal volume down 39% to 484, according to data released by S&P Global Market Intelligence. However, despite the overall decline, late-stage startups saw a 30% increase… Read More

European Crowdfunding Firm SeedBlink Announces Product Updates

SeedBlink, Europe’s tech-focused venture investment and equity management platform, has introduced a series of product enhancements as part of its Fall Release. SeedBlink is approved to operate across the EU under the new ECSPR regime. Based in Romania, the platform has expanded rapidly across the… Read More

US Venture Capital Investments Decline by Over 45% YoY to $89.3B in Q1-Q3 2023 – Report

The US startup ecosystem witnessed a considerable decline in venture capital (VC) funding activity “during the first three quarters (Q1-Q3) of 2023.” A total of 5,448 VC funding deals “with disclosed value worth of $89.3 billion were announced in the US during the period.” This… Read More

Edinburgh’s VC Firm Par Equity Introduces £100M Fund to Scale Tech Firms

Edinburgh-based venture capital firm Par Equity has today announced the launch of its new venture fund – Par Equity Ventures I LP. The firm has secured “a first close of £67m to boost innovative technology companies with high-growth potential in the North of England, Northern… Read More

Binance Labs Invests in Initia, an L1 Network for 0-to-1 Rollups

Binance Labs, the venture capital and incubation arm of Binance, which is being sued by US regulators for a wide range of issues while also dealing with major operational challenges, has invested in Initia, a network designed for highly interwoven modular rollups. The platform enables… Read More

North America Ranks First Globally for VC Fintech Funding – Report

New research has revealed that North America ranks first in the world “for Fintech venture capital funding.” The new study, conducted by the researchers at Tipalti, “analyzed factors such as global fintech adoption rates, searches for Fintech by country and the regions that have the… Read More

UK’s Payments Fintech Lopay Secures Funding to Expand Operations

Fintech firm Lopay is pleased to announce that it has secured £6 million in seed funding from three VC firms as well as a string of angel investors. The investment from BACKED VC, Portage and The Venture Collective (TVC) comes after more than 20,000 small businesses across all sectors signed… Read More

Fintech Vyzer Secures $6.3M in Seed Funding to Streamline Wealth Management

Vyzer, a digital wealth management platform, has successfully raised a Seed round of $6.3 million from leading VCs, angel investors, and family offices including iAngels, Guy Gamzu, MonetaVC, Jonathan Kolber and Rafi Gidron. Leveraging AI technology, Vyzer transforms data “into potent wealth-building strategies and grants… Read More

Hong Kong’s Web3-focused Titan Fund Launches with $100M in Initial Close

Hong Kong’s push towards blockchain enabled Web3 innovation received strong tailwind through a new fund that CMCC Global launched this week. CMCC Global, one of Asia’s earliest venture capital investors “to entirely focus on blockchain technology and Web3 innovation, announced the launch of a venture… Read More

LatAm Fintech Clara Appoints New Head of Startups, Venture Capital and Private Equity

Clara, the Latin American solution for businesses to make and manage all their payments, has announced the appointment of Cristian Raygoza as its new Head of Startups, Venture Capital & Private Equity. This strategic move reinforces Clara‘s commitment “to fostering innovation and expanding its reach… Read More

Israel: Cybersecurity-focused Venture Investor Cyberstarts Raises $480m

Cyberstarts, an Israel-based venture capital firm that focuses on early-stage cybersecurity startups, has announced raising $480 million to make follow-on investments. In a statement, the firm said the Opportunity Fund will take advantage of follow-on opportunities from its portfolio companies that are raising Series A… Read More

Funding in Southeast Asia’s Tech Ecosystem Plunges to Five-year Low in Q3

Startups in Southeast Asia continue to struggle with funding as ecosystem funding falls to a five-year low for the third quarter of this year, according to a report released by SaaS-based market intelligence platform Tracxn. The report said the tech startup ecosystem in Southeast Asia… Read More

UK Fintech Vega Secures Funding to Enhance Wealth Management Services

Vega, a UK-based wealthtech platform set up by a team of former executives from hedge funds, private equity firms, and fintech scale-ups, has launched with over $8 million in equity investment from venture capital firms and angel investors. Alexis Augier, founder and CEO of Vega,… Read More

Fintech VC: Luge Capital Raises 2nd Fund at $71 Million

Fintech-focused venture capital firm Luge Capital is reporting it has raised $71 million for its second fund to invest in Fintechs in both the US and Canada. Fund investors include returning investors CDPQ, Desjardins, BDC Capital, Sun Life, Industrial Alliance Financial Group (iA), Fonds de solidarité FTQ, and new investor Inovia Discovery Fund I. Founded… Read More

Mesh Raises $22m to Boost Financial Operating System

Mesh, the financial operating system dedicated to seamless digital asset transfers and account aggregation, has announced raising $22 million in a Series A funding round, anchored by Money Forward Inc. The round was participated by a diverse group of new investors like Galaxy and Samsung… Read More

UK Private Equity Deal Value Increased Substantially QoQ in Q2 2023, Deal Count Increased for 4th Straight Quarter – Report

In Q2 2023, UK private equity (PE) deal value “increased 13.2% quarter-over-quarter (QoQ) while the estimated deal count increased for the fourth straight quarter, signalling the start of a potential recovery in UK dealmaking,” according to an update from Pitchbook. Pitchbook noted that “in light… Read More

VC Professionals Launch Touring Capital to Invest in Growth Stage SaaS Startups

Nagraj Kashyap, Priya Saiprasad, and Samir Kumar announced the launch of Touring Capital, a venture capital firm focused on investing in the next generation of early-growth stage, AI-powered SaaS startups around the world. Touring Capital’s founding partners previously “led M12, Microsoft’s Venture Fund, and Qualcomm… Read More

Germany: Defense AI Firm Helsing Scores €209m in Series B Funding

Defense AI firm Helsing has announced raising €209 million in its Series B funding round anchored by General Catalyst and backed by strategic investment from the renowned Swedish group, Saab. Established in 2021, Helsing’s identity is carved as a contemporary defense firm, primarily focusing on… Read More

Pixis Secures $85m in Series C1 Funding to Accelerate AI-Driven Growth Marketing

Codeless AI infrastructure company Pixis has announced raising $85 million in its recent Series C1 funding round, anchored by Touring Capital and backed by new and returning investors such as Grupo Carso, General Atlantic, Celesta Capital, and Chiratae Ventures. The fresh funding increases Pixis’ total capital… Read More

Instant Financial Acquires Funding to Support Payday Solutions

Instant Financial, which claims to be a leading innovator in the financial technology sector, has successfully raised a second funding round led by TTV Capital, a fintech-focused venture capital firm, and an original investor in Instant. The funding round also “saw participation from ITC Holdings… Read More

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