Tagged: venture capital

November 8, 2024 @ 9:03 am By JD Alois  |  

Some positive news regarding risk capital. S&P Global Market Intelligence says Venture Capital (VC) and Private Equity (PE) deal value increased globally during the month of October. While four weeks does not make a quarter this could be good news for the innovation sector which… Read More

November 6, 2024 @ 1:22 pm By JD Alois  |  

The British Business Bank has published a report on venture capital activity in the UK. The research states that the performance of UK VC funds declined slightly during the 2023/24 period, matching the US and the rest of Europe. While conditions are said to be… Read More

October 27, 2024 @ 4:29 pm By Michael Wong  |  

Wa’ed Ventures, the venture capital arm of Saudi Aramco, has allocated $100 million to invest in early-stage artificial intelligence (AI) startups. The fund aims to accelerate Saudi Arabia’s push to enhance its competitiveness in the global AI sector, Bloomberg reported. The investment will be deployed… Read More

October 23, 2024 @ 10:20 am By Michael Wong  |  

Fintech companies are facing a challenging environment in 2024 due to high interest rates and heightened regulatory scrutiny, but they are also discovering new opportunities, according to the latest Future of Fintech Report from Silicon Valley Bank (SVB), a division of First Citizens Bank. Despite… Read More

October 22, 2024 @ 10:09 pm By Michael Wong  |  

DataCrunch, a European provider of artificial intelligence (AI) computing infrastructure, has secured €12 million in a seed funding round led by venture capital firm byFounders. The investment aims to bolster the company’s infrastructure as it strives to become Europe’s first hyperscaler, enhancing service delivery for… Read More

October 8, 2024 @ 4:45 pm By JD Alois  |  

Florida, and the Miami region specifically, has emerged as a fast-growing startup/entrepreneur ecosystem. The warm weather (minus the occasional hurricane), combined with a business-friendly state government and no state income taxes, has helped shift activity from elsewhere to the Sunshine State. Some big firms have… Read More

October 6, 2024 @ 2:31 pm By Omar Faridi  |  

Binance Labs has reportedly made an invested in Sophon, which is described as an ecosystem for apps focused on the gaming sector, social, AI, prediction markets and a range of other use-cases. With the vision of changing how users live, play, create, and connect in… Read More

October 4, 2024 @ 8:40 pm By Omar Faridi  |  

The team at CBInsights has released their latest State of Venture Q3’24 report. As noted in the research report from CBInsights, AI startups have managed to acquire 1 in 3 VC dollars. The research study released by CBInsights pointed out that Silicon Valley is becoming… Read More

October 1, 2024 @ 5:59 am By Tony Zerucha  |  

Recently the United Kingdom’s Department for Business and Trade published its annual Investing in Women Code report. It finds that venture capital fund managers who have signed up to the Code are more likely to invest in female founders. Roughly one in three (32%) of… Read More

September 24, 2024 @ 11:49 am By JD Alois  |  

UK startups received $10.1 billion in venture capital (VC) funding from January through August 2024 according to a report. The funding was committed to 673 individual deals. GlobalData reports that this is an improvement by 14.8% in funding year over year. At the same time,… Read More

September 15, 2024 @ 4:45 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (RWA) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a… Read More

September 14, 2024 @ 4:56 pm By Tony Zerucha  |  

This week, London-based investment firm Outward VC announced the first closing, at £51 million, of its Fund II. The fund received a £30 million investment from the British Business Bank, which is deploying capital through its Enterprise Capital Funds program. Several private investors also participated…. Read More

September 1, 2024 @ 2:57 pm By Omar Faridi  |  

UK-based startups raised $9 billion funding through 704 venture capital (VC) deals announced during January-July 2024, which is a 7.9% year-on-year (YoY) increase in funding value despite a 14.3% decline in deal volume. This reflects an improving appetite for big-ticket investments in promising startups, positioning… Read More

August 27, 2024 @ 8:48 am By JD Alois  |  

Switzerland-based VC firm redalpine has opened a new office in the UK while announcing a new $200 million fund. redalpine has backed some successful Fintechs in the past like Klarna and N26 among others. Founded in Zurich in 2007, redalpine also has offices in San… Read More

August 25, 2024 @ 9:44 pm By Omar Faridi  |  

Carta has shared the VC Fund Performance for Q1 2024. Carta’s inaugural VC fund performance report analyzes benchmarks for more than 1800 funds across six recent vintages. There has been tremendous upheaval in the venture capital markets “since interest rates began to rise in early… Read More

August 21, 2024 @ 9:54 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Corn, a platform that claims to be the first super yield network built around Bitcoin. Corn is an Ethereum Layer 2 network focused on establishing a decentralized finance (DeFi) hub for Bitcoin…. Read More

August 18, 2024 @ 4:49 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in MyShell through Labs Incubation Season 6. MyShell is a decentralized AI ecosystem converging “an AI model layer that allows everyone to build, share, and own AI Apps.” MyShell was launched in April… Read More

August 13, 2024 @ 10:08 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Solayer, a restaking network on Solana. Their aim is to empower on-chain decentralized applications (dApps) with “improved network bandwidth while securing the L1 at the same time.” Built natively on Solana, Solayer… Read More

August 13, 2024 @ 6:00 am By Omar Faridi  |  

Balderton has recently announced $1.3B in new funds to back Europe’s top entrepreneurs as they build world-changing businesses. Balderton Capital, which claims to be one of Europe’s technology venture capital firms, confirmed in a blog post its $615 million Early Stage Fund IX and $685… Read More

August 12, 2024 @ 3:28 pm By Omar Faridi  |  

The US venture market continues a slow evolution by way of correcting expectations and valuations, “at least in some arenas of the market,” according to an update from PitchBook. Artificial intelligence and machine learning (AI & ML) is “driving interest across the strategy, with company… Read More