Tagged: venture capital

An Entrepreneur’s Guide to Surviving Coronavirus

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

UK Gold-Backed Token Project Aurus Scores €1 Million Investment From Dubai-Based Venture Capital Silver Rock Group

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

Thailand’s Corporate VC Firm Krungsri Finnovate to Invest $10 Million in Three Startups to Improve Country’s Digital Infrastructure

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

Silicon Valley VC Draper Goren Holm Now Offering $100 in Bitcoin to Those Who Want to Learn about Blockchain

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

Early Stage Tech-focused VC Fund OTB Ventures Receives $100 Million in Commitments for Projects in Europe

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

Westpac-backed VC Fund Reinventure Joins $90 Million for Kredivo’s Owner, Indonesia’s Leading “Buy Now Pay Later” Platform

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

Venture Capital Firm Brewer Lane Ventures Launches; Hires Insurtech Vet Martha Notaras As Managing Partner

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

Alon Goren, Partner at VC Firm Draper Goren Holm , Discusses Blockchain & Digital Securities

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

London-based Augmentum Fintech Invests £7.5 Million into Online Bookkeeping Solution Provider, Receipt Bank

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

NEM Ventures Strategically Invests in Cyclebit, a Company that Provides Tools for Accepting Cryptocurrency and Fiat Payments to Online and In-Store Merchants

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

Report: US-based VC Firms Continue to Increasingly Invest in London-headquartered Fintech Startups

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

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

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