Tagged: venture capital

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

June 15, 2024 @ 10:19 pm By Michael Wong  |  

The Securities Commission Malaysia (SC) has released the first edition of the ‘Practical Guide on Venture Capital and Private Equity in Malaysia’ early this week, aiming to clarify the Malaysian policy landscape for fund managers, service providers, and investors in these sectors. The guide provides… Read More

June 14, 2024 @ 12:07 pm By Omar Faridi  |  

Paradigm has raised their third fund, which is reportedly an $850 million venture fund focused on crypto projects at the earliest stages. When they founded Paradigm in 2018, they believed that crypto would be “one of the most important technical and economic shifts of the… Read More

June 11, 2024 @ 1:05 pm By JD Alois  |  

S&P Global Market Intelligence has issued a report indicating that venture capital (VC) and private equity (PE) investments may be rebounding. The past couple of years have been challenging for the private securities markets, with many sectors, like Fintech, retrenching. According to S&P’s data, global… Read More

June 3, 2024 @ 11:45 am By Omar Faridi  |  

The term ‘Unicorn’ was first introduced in 2013, as a way to signify the statistical rarity of high-performing startups. Unicorn status today is much more than a financial milestone of around $1 billion; for startups, it’s a recognition of their organization’s disruptive capabilities, unique solutions,… Read More

May 31, 2024 @ 9:27 am By Omar Faridi  |  

The UK reportedly witnessed the announcement of 389 venture capital (VC) funding deals worth $3.6 billion from January to April 2024. This is a year-on-year (YoY) decline “of 21.4% in terms of deal volume and 32.8% in terms of value,” according to GlobalData, a data… Read More

May 25, 2024 @ 8:04 am By Michael Wong  |  

CBiGroup, a US-based fintech company, has raised $15 million in a Series A funding round led by Alpol Capital Family Office, renowned for its investments in new technologies. The newly acquired funds will be used to enhance research and development efforts, particularly in new technologies… Read More

May 20, 2024 @ 5:01 pm By JD Alois  |  

Recently, CI covered the rise in venture capital money going into digital assets. There has been renewed interest in risk capital going into crypto firms. In Q1 2024, crypto startups experienced an increase of 40.3% increase in venture funding and a 44.7% jump in deal… Read More

May 17, 2024 @ 9:25 am By Omar Faridi  |  

Corporate venture capital funding rebounds in Q1’24, driven by $100M+ mega-rounds, according to an update from CBInsights. CBInsights noted that Corporate venture capital (CVC) had “a solid quarter in Q1’24, with CVC-backed funding increasing by 26% quarter-over-quarter (QoQ), greater than the venture market as a… Read More

May 14, 2024 @ 1:13 pm By JD Alois  |  

Stating they are one of the very few VC firms that are truly global, Accel is reporting that it is raising a $650 million fund to support early-stage ventures in Europe and Israel. Accel opened its London office in 2000 as one of the first… Read More

May 13, 2024 @ 7:46 am By Omar Faridi  |  

Carta has released their State of Private Markets: Q1 2024 report. Carta notes that the venture capital fundraising market “remained slow in Q1 2024, but valuations held steady or climbed at almost every stage.” Carta also mentions that the startup fundraising market “got off to… Read More

April 29, 2024 @ 10:36 pm By Omar Faridi  |  

A collective sense of measured “optimism” developed throughout Q1 2024, as the S&P 500 recorded its best-performing first quarter since 2019, the FT Partners team noted in a research report covering Fintech ecosystem developments. The Fintech focused research report from FT Partners pointed out that… Read More

April 29, 2024 @ 8:48 am By Omar Faridi  |  

As the bull market continues, VC Brian D. Evans shares insights on how projects and founders can best approach and take advantage of the current bull run. He also comments on the difference in approach between a bull market in traditional finance vs. the crypto… Read More

April 27, 2024 @ 4:51 pm By Omar Faridi  |  

The UK experienced a year-on-year (YoY) decline in venture capital (VC) funding deal volume and value during the first quarter (Q1) of 2024 as investor sentiment remained weak, the GlobalData report noted. A total of 281 VC deals of worth $2.7 billion were announced during… Read More

April 25, 2024 @ 10:45 am By Michael Wong  |  

Wealthtech startup Midas, which specializes in democratizing retail investing, has secured $45 million in Series A funding to expand its financial services offerings. The funding round was led by Toronto-based venture capital firm Portage, known for its significant investments in the Fintech sector, including a… Read More

April 22, 2024 @ 11:07 pm By Michael Wong  |  

Softloans, a Fintech startup headquartered in Vilnius, Lithuania, has successfully secured €1 million in pre-seed funding to bolster its growth and development initiatives. The investment round was spearheaded by venture capital firm Firstpick, alongside contributions from several business angels, signaling strong investor confidence in the… Read More