Tagged: venture capital

August 10, 2024 @ 3:18 pm By Michael Wong  |  

Bitcoin scaling solutions provider Nexio has raised $2.2 million in pre-seed funding from a diverse group of industry investors, according to an announcement. The pre-seed funding round was led by Lattice and included investments from HTX Ventures, Artichoke Capital, Morningstar Ventures, Sharding Capital, SNZ Holding,… Read More

August 9, 2024 @ 10:54 am By JD Alois  |  

It has been widely reported that funding of private firms has been moribund for the past couple of years. There have been a few bright spots but overall, investment has not returned to the robust level seen in recent years. A report distributed today, indicates… Read More

August 9, 2024 @ 9:07 am By JD Alois  |  

Boston-based Flint Capital has closed on a $160 million venture capital fund. The vehicle aims to support early-stage firms in Cybersecurity, Fintech, B2C, SaaS, and other sectors. The fund will seek European and Israeli startups that want to expand into the US market. Flint has… Read More

August 9, 2024 @ 8:53 am By Omar Faridi  |  

In Q2 2024, the venture ecosystem showed modest signs of improvement, according to an update from Carta. In Q2 2024, the venture ecosystem exhibited some signs of improvement, but “not a drastic break, from Q1,” the report from Carta revealed. Based on current data, companies… Read More

August 7, 2024 @ 9:40 am By Omar Faridi  |  

The European Union has a productivity problem, according to an update from the International Monetary Fund (IMF). Its people produce nearly 30 percent “less per hour worked than they would have, had real output per hour worked increased in line with that in the United… Read More

August 5, 2024 @ 11:26 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Particle Network, the L1 solution for unifying all chains via Universal Accounts, addressing user and liquidity fragmentation in Web3. The number of blockchain networks is rapidly increasing, “with a growing proliferation of… Read More

August 5, 2024 @ 10:14 am By Omar Faridi  |  

Sweater, which is focused on becoming the VC fund for everyone, explains that it’s building the first venture capital fund that everyone can invest in—accredited or not. The company is currently in the midst of a funding round on StartEngine. According to the offering page,… Read More

August 5, 2024 @ 8:18 am By Omar Faridi  |  

Global venture capital investment rose to a five-quarter high in the second quarter of 2024, from $75.3 billion in the first quarter to $94.3 billion. This is shown by the latest Venture Pulse 2024 from KPMG. This development is mainly due “to very large investments… Read More

August 1, 2024 @ 11:46 am By Omar Faridi  |  

Ireland sees venture capital (VC) investment pick up in Q2’24 and saw 24 deals raising $237.5 million an increase of nearly two fifths (38 percent) compared to $172.5 million across 33 deals for the same period last year. VC investors showed increasing willingness “to make… Read More

July 11, 2024 @ 12:09 pm By JD Alois  |  

The UK British Business Bank has posted its Small Business Equity Tracker for 2024. The numbers aren’t so great compared to 2022, as investments in UK smaller firms tanked by 48% to £8.8 billion. The number of deals declined as well by 25% to 2152…. Read More

July 10, 2024 @ 11:44 pm By Omar Faridi  |  

Pilot‘s CFO Services team recently published their Q1 Market update on the Venture Capital landscape. Their main takeaways are as follows: Deal activity in Q1 remained roughly flat QoQ, but varied by segment: pre-seed and seed-stage saw notable declines while late-stage saw moderate increases, with… Read More

July 8, 2024 @ 9:34 am By Michael Wong  |  

Total funding for Southeast Asian (SEA) Fintech startups dropped 25% to $899 million in the first half of 2024 from $1.2 billion in the same period last year, according to a report released by Tracxn. The global SaaS-based market intelligence platform’s “Geo Semi-Annual Report: SEA… Read More

July 4, 2024 @ 4:28 pm By Omar Faridi  |  

CBInsights has released the State of Venture Q2’24 Report CB Insights notes that you may review the latest investment data to make more well-informed decisions. According to the update from CBInsights, AI startups steal the show, “grabbing nearly a third of all funding, while the… Read More

July 3, 2024 @ 8:59 am By Omar Faridi  |  

Carta has released their First Cut—State of Private Markets: Q2 2024. Initial data from Q2 2024 reportedly “shows modest increases in median valuation and round size across much of the U.S. venture ecosystem.” Every quarter, Carta releases the latest information on the startup ecosystem in… Read More

July 1, 2024 @ 5:47 pm By JD Alois  |  

After an extended period of tepid activity in the private securities markets, private tech firms in Israel experienced an increase in funding during Q2 2024. According to the IVC—Leumitech report, private funding hit $2.9 billion for 110 funding rounds during the second quarter. If you… Read More

June 30, 2024 @ 3:08 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Infrared, a protocol focused on giving users access to Berachain’s Proof of Liquidity (PoL) mechanism in one click. Infrared’s mission is to maximize value capture “within the Berachain network by offering user-friendly… Read More

June 23, 2024 @ 4:54 pm By Omar Faridi  |  

PitchBook has provided their 2024 US Venture Capital Outlook as part of a comprehensive  Midyear Update. Expectations for the turnaround in the VC market entering 2024 were not especially high, the research-focused firm noted in a recent update. PitchBook pointed out that the headwinds that… Read More

June 22, 2024 @ 5:41 pm By Michael Wong  |  

Southeast Asia’s tech sector has experienced a pronounced slowdown in funding during the first half of 2024, securing only $1.6 billion—a sharp 65% decline from the $4.5 billion raised in the same period last year, according to Tracxn’s latest “Geo Semi-Annual Report: SEA Tech H1… Read More

June 22, 2024 @ 5:39 pm By Michael Wong  |  

San Francisco-based Amplify Life Insurance, a digital platform that is redefining wealth-building through permanent life insurance, announced that it has raised $20 million in its Series B funding round. The round was co-led by Crosslink Capital and Anthemis, with participation from new investors Moneta Ventures… Read More

June 20, 2024 @ 7:12 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Rango, a cross-chain decentralized exchange (DEX) and bridge aggregator. Rango’s interoperability enables easy transacting “across diverse blockchain ecosystems to drive DeFi growth.” With its expansive capabilities and support for major blockchains including… Read More