Tagged: venture capital

March 23, 2020 @ 5:00 pm By Dror Futter  |  

Remember all those articles about whether venture was overvalued?  With blinding speed, they now seem quaint.  Bluntly stated, most venture-backed companies are in a fight for survival.    Although certain areas of life sciences may do somewhat better, I think the impact will be widely felt. … Read More

March 16, 2020 @ 2:03 pm By Samantha Hurst  |  

Aurus, a UK-based fintech, scored a €1 million investment from Dubai-based venture capital Silver Rock Group for its gold-back token project. Founded in 2017, Aurus describes itself as a marketplace for crypto-currencies that represent shared ownership of physical assets. The company noted that together with… Read More

March 9, 2020 @ 10:28 pm By Omar Faridi  |  

Krungsri Finnovate, a corporate venture capital company operating under Bank of Ayudhya (BAY), the third-largest bank in Thailand in terms of assets, loans, and deposits, is planning to invest $10 million into the operations of three promising startups during the first half of this year…. Read More

March 5, 2020 @ 2:56 pm By Samantha Hurst  |  

Draper Goren Holm, a Los Angeles based venture firm led by Tim Draper, Alon Goren, and Josef Holm, announced on Thursday it is offering an incentive to those who are looking to learn more about Blockchain during the Los Angeles Blockchain Summit, which will take… Read More

February 20, 2020 @ 2:31 am By Omar Faridi  |  

OTB Ventures (OTB), a VC fund focused on making strategic investments in technology firms based in central and eastern Europe, has introduced an early-stage tech fund, which is notably the biggest venture capital fund in the region. The fund has reportedly received $100 million in… Read More

January 28, 2020 @ 12:54 pm By Omar Faridi  |  

Westpac-backed VC fund Reinventure aims to increase its presence in Asia’s Fintech economy. Reinventure has reportedly joined a $90 million investment round for Kredivo’s owner, Indonesia’s fast-growing “buy now, pay later” (BNPL) platform. Asia Growth Fund and Square Peg led Reinventure’s latest round for FinAccel,… Read More

January 12, 2020 @ 7:30 pm By Samantha Hurst  |  

Brewer Lane Ventures, a U.S.-based venture capital firm focused on investing in the insurtech and fintech industries, it has officially launched and it has brought on Martha Notaras as Managing Partner. Notaras previously led XL Innovate, a leading property and casualty insurtech VC fund that invested in Cape… Read More

January 9, 2020 @ 2:46 pm By JD Alois  |  

Alon Goren is well known in the Fintech space having been an early thought leader and supporter of the investment crowdfunding sector. When the JOBS Act was signed into law, Goren was in the thick of things seeing the opportunity of online capital formation. Over… Read More

January 4, 2020 @ 9:21 am By Omar Faridi  |  

Augmentum Fintech PLC (LON:AUGM), an investment firm currently focused on the Fintech industry, recently revealed that it had invested £7.5 million (appr. $9.8 million) into UK-based online bookkeeping solution provider, Receipt Bank. Augmentum’s latest investment has come as part of Receipt Bank’s £55 million (appr…. Read More

November 23, 2019 @ 5:15 pm By Omar Faridi  |  

NEM Ventures, the venture capital and investment division of the NEM blockchain ecosystem, one of the world’s largest cryptocurrency platforms with a market cap of more than $300 million (at time of writing), has reportedly made an investment in Cyclebit, a provider of “simple, affordable… Read More

November 18, 2019 @ 8:38 am By Omar Faridi  |  

According to a new report, US-based venture capital firms have been increasingly investing in London-headquartered companies this year. New data shows that UK-based Fintech firms continue to attract a large number of investors. US investors have reportedly contributed around in $4.4 billion (appr. £3.4 billion)… Read More

November 11, 2019 @ 3:20 pm By Omar Faridi  |  

Singapore-based Fintech firm M-DAQ Pte, a company that develops over-the-top (OTT) applications to enable international business transactions for various industries, has reportedly won the backing of Samsung Group’s VC fund in order to expand its operations into South Korea and other regions. Following Samsung’s investment… Read More

November 8, 2019 @ 8:16 am By Omar Faridi  |  

San Francisco-based AngelList, a platform facilitating online capital formation and job-seekers interested in working at startups, has launched a new India-focused venture capital and angel fund, according to a report in the Economic Times. The newly launched fund will allow individuals to raise relatively small… Read More

October 29, 2019 @ 11:34 am By JD Alois  |  

Israeli high tech firms are having a gangbuster year when it comes to raising capital. According to a report published by IVC Research Center and ZAG S&W Zysman, Aharoni, Gayer & Co, during Q3 these firms raised a record $2.24 billion for 142 different deals…. Read More

October 23, 2019 @ 10:53 am By Omar Faridi  |  

North Carolina-based Morgan Creek Digital, a hedge fund backed by institutional investment firm Morgan Creek Capital, has raised the first $60.9 million of its $250 million target for its second VC fund. Morgan Creek’s management said that the same participants from the first VC fund,… Read More

October 22, 2019 @ 9:54 am By JD Alois  |  

Luge Capital is reporting that iA Financial Group and BDC Capital have invested in the Fintech-focused VC fund, bringing the total size to $85 million. BDC Capital is the investment arm of BDC, Canada’s only bank devoted exclusively to entrepreneurs. Luge is a Canada based… Read More

October 15, 2019 @ 9:59 pm By JD Alois  |  

US venture capital funding fell in the third quarter of 2019 as both funding levels and the number of deals both declined. As funding dips, the Unicorn herd has hit a new record as there are currently 180 private companies valued at over $1 billion…. Read More

September 16, 2019 @ 1:13 am By Omar Faridi  |  

United Nations Development Program (UNDP), an organization that provides expert advice, training, and grants to developing countries, is partnering with Silicon Valley venture capital firm and project accelerator 500 Startups, in order to make investments in Indonesia’s emerging startup ecosystem. The UNDP will be working… Read More

September 4, 2019 @ 10:12 pm By Cali Haan  |  

Bitcoin has started to lift its head off the mat in recent months, but new money has been flowing much more slowly into ICO and blockchain ventures this year, Crunchbase reports. The start up analysis platform notes, “not a popped balloon (in crypto), but certainly a… Read More

August 13, 2019 @ 1:09 pm By Samantha Hurst  |  

UK-based fintech Delio announced on Tuesday it secured £3 million in venture capital to continue increasing its presence across Asia, the Middle East, and North America. As previously reported, Delio describes itself as a complete white-label platform solution for private assets, helping financial institutions and… Read More