Tagged: venture capital

Singapore-based Fintech Firm M-DAQ Wins Backing of Samsung Group’s VC Fund to Expand Operations in South Korea

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

San Francisco-based AngelList Launches New India-Focused Venture Capital and Angel Fund

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

Israeli High Tech Firms Raise Record $2.24 Billion During Q3, VC Poised for Record Year

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

Morgan Creek Capital Raises the First $60.9 million of its $250 million Target for its Second VC Fund

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

Fintech Focused VC Luge Capital Reports Fund Now at $85 Million

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

Report: US VC Funding Declines in Q3, Fintech Deals Decline Too

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

UNDP Partners With 500 Startups to Invest in Indonesia’s Evolving Startup Ecosystem

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

Report: Private Crypto and Blockchain Investing Slumped in 2019

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

UK Fintech Delio Secures £3 Million in Venture Capital to Continue International Growth

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

Dow Jones Venture Report: Investment in European Companies Remains Steady but Deal Flow Dives

EU coins money Europe

Dow Jones has published their Q4 VentureSource report today and while investment in European companies “held steady” deal flow dropped. According to the report, the UK garnered the bulk of the activity with no Brexit impact visible. At least just yet. The report indicates that… Read More

Venture Capital Fund Rokk3r Announces Partnership With the Holt Fintech Accelerator Program

Fintech

On Tuesday, U.S.-based global venture capital fund Rokk3r Fuel ExO announced it has formed a new partnership with the Holt Fintech Accelerator Program. The partnership will reportedly enable Rokk3r Fuel ExO, which targets startups with exponential models in the segments of fintech, property tech, artificial intelligence/machine learning and IoT,… Read More

Report Says that 2018 is on Track for Record Investment into Fintech

Last week, CB Insights published their quarterly report on global investment into Fintech and following the numbers from Q1 the authors are making a bullish prediction. They expect global Fintech investment to hit a new high during 2018. The first quarter of 2018 saw 323… Read More

Dow Jones: European VC Investment Drops in Q1 of 2018

Dow Jones VentureSource is out with their quarterly report and their numbers indicate a decline in venture capital funding during the first quarter of 2018. According to the report, investment declined by 16% in the number of funds and delivered a 29% drop in capital… Read More

Innovate Finance: UK Fintech Investment Hits Record as Deals See 153% Increase Year Over Year

Innovate Finance is out with report on UK Fintech investment and according to their numbers 2017 was a banner year. The group said VC investment into emerging Fintech firms jumped 153% versus year prior. Approximately $1.8 billion went into 224 deals with the UK ranking… Read More

European Venture Capital Declines in Q3 versus Prior Quarter

Dow Jones has just released its quarterly report on Venture Capital in Europe.  According to their tally, venture capital declined both in regards to funds raised and investment activity during the 3rd quarter. Both the number of funds and amount raised by European VC funds decreased… Read More

Target Global Launches €100M Fund for Fintech Companies in Europe & Israel

Target Global, a venture capital firm based in Berlin, has closed on a new €100 million fund focused on early stage investments in marketplace, mobility, Insurtech, Regtech and Fintech. Target Global Early Stage Fund I will invest in Seed and A rounds, and is expected… Read More

Crowdcube Announces Partnership With Worth Capital

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced its collaboration with London-based venture capital firm Worth Capital to help support, fund and grow its network of entrepreneurs on their journey to disrupt the landscape of their sectors. The funding portal revealed: “Through this relationship, our Crowdcube… Read More

Draper Esprit Announces 43% Increase In Gross Primary Portfolio Value

Draper Espirit (LSE:GROW), an AIM listed venture capital firm backing promising digital technology companies, has announced their results for the end of the year, the 31st of March. Simon Cook, the CEO Draper Esprit, commented: “At the time of the IPO in June 2016, we… Read More

Innovate Finance: Global Fintech Investment Hits $6.5 Billion, UK Fintech Investment Jumps 37%

Innovate Finance is out with a report on global VC investment into Fintech. According to their numbers, the first half of 2017 saw $6.5 billion of VC investment into 787 Fintech deals globally. This was a dramatic decline of 45% versus the same period year… Read More

Partech Ventures Closes 7th Venture Fund at €400 Million

Partech Ventures has closed its seventh venture fund at the €400 million cap, for its program spanning pre-seed, seed, venture to growth stages over the past eighteen months. Partech states the fund has been oversubscribed, bringing together thirty major European and U.S. investors along with business angels,… Read More

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