Tagged: venture capital

April 25, 2023 @ 10:31 pm By Omar Faridi  |  

Binance Labs, the venture capital arm and accelerator of Binance, committed an investment in the seed funding round of GOMBLE, a blockchain-based casual game developer. GOMBLE will use the funds “to develop and release its first mobile game, RumbyStars, and continue to expand its gaming… Read More

April 22, 2023 @ 11:27 am By Omar Faridi  |  

Vesey Ventures, an early stage venture firm that invests in companies transforming financial services, announced the close of its debut fund totaling $78 million. Vesey Ventures was “founded by three former Managing Directors at AMEX Ventures, Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, and will… Read More

April 19, 2023 @ 10:57 am By Omar Faridi  |  

Tribe Capital, an established VC company launched back in 2018, is reportedly leading an investment round worth $250 million in order to assist FTX with re-establishing its virtual currency exchange. The latest move comes after the firm had filed for bankruptcy and the new CEO,… Read More

April 15, 2023 @ 2:46 pm By Omar Faridi  |  

iCapital, a global fintech platform driving access to alternative investment products in the wealth management industry, announced a collaboration with HSBC Asset Management (HSBC AM) “to widen access to its climate technology venture capital strategy (climate tech VC) for wholesale clients.” Using its technology, iCapital… Read More

March 23, 2023 @ 4:24 pm By Omar Faridi  |  

J.P. Morgan (NYSE: JPM) announced that it has entered into a definitive agreement to acquire Aumni, a provider of investment analytics software to the venture capital industry. Financial terms of the transaction “were not disclosed and closing is expected in the first half of 2023.”… Read More

March 21, 2023 @ 6:18 pm By Omar Faridi  |  

TTV Capital, an early-stage fintech venture capital firm, recently announced that it has closed its sixth fund at $250 million, the largest since the firm was founded over two decades ago. The fundraise, which originally “targeted $150 million, saw overwhelming interest and was oversubscribed by… Read More

March 14, 2023 @ 4:08 pm By Omar Faridi  |  

Tallarium, providers of unique trade analytics for price discovery in off-exchange energy markets, announces that it has secured additional investment from XTX Ventures, the venture capital arm of leading algorithmic trading company XTX Markets, and Reciprocal, a venture capital firm. The companies have “provided a… Read More

March 11, 2023 @ 9:13 am By Omar Faridi  |  

EtherMail, the Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, has successfully “raised $4 million USD in a pre-Series A funding round led by Tim Draper and Draper Associates, a global venture capital firm investing in industry transforming companies.” The investment… Read More

February 28, 2023 @ 8:03 am By Omar Faridi  |  

Pagos, a payment intelligence company that empowers businesses to optimize their digital payment infrastructure and maximize revenue, lower payments costs, and reduce fraud,  announced an oversubscribed $34 million Series A investment led by Arbor Ventures, a global fintech-focused venture firm. Additional participating investors “include Point… Read More

February 24, 2023 @ 4:40 pm By Omar Faridi  |  

Altai Ventures, an early-stage venture capital firm, announced the closing of Altai Ventures Fund II, LP. The fund closed with $53 million in total commitments “surpassing its goal of $50 million.” Investors of Altai’s latest fund “consisted of leading financial and institutional Limited Partners (LPs),… Read More

February 20, 2023 @ 5:02 pm By Omar Faridi  |  

The global economy took a downward turn in 2022, “leaving behind 2021’s environment of easy money and soaring valuations,” according to an update from Carta. The U.S. venture capital market “followed suit.” Venture deal count for private companies on Carta in 2022 “declined 29% year… Read More

February 16, 2023 @ 7:11 am By JD Alois  |  

Reports continue to filter out regarding the tepid market for private transactions. A recent report indicates that private equity and venture capital investments cratered in the UK by a whopping 61% in 2022. According to S&P Global Markets, aggregate transactions in the UK topped $72… Read More

February 2, 2023 @ 11:24 am By JD Alois  |  

QED Investors has appointed Melissa Ho as its lead in Southeast Asia as the Fintech VC focuses on the hot Asian market. QED is one of the leading Fintech venture capital firms in the world. Ho, based in Singapore, will be looking for Fintech firms… Read More

January 11, 2023 @ 11:47 pm By Omar Faridi  |  

In Q3 2022, Insurtech companies globally “raised $1.6 billion in VC across 134 deals, representing a 51.1% decrease in QoQ deal value,” according to an update from Pitchbook. This was “the lowest amount of invested capital since Q2 2020 and the lowest deal count since… Read More

January 10, 2023 @ 11:35 am By Omar Faridi  |  

Eric Chen, CEO and co-founder of Injective Labs, and core contributor to Injective, has shared insights with CI about how the FTX contagion is upending investments in DeFi projects and what to expect for the future of digital assets. Injective recently announced a $40M funding… Read More

December 30, 2022 @ 3:54 pm By Omar Faridi  |  

Bullpen Capital recently announced its “largest ever” funding round at $145 million. Uncertain market conditions have plagued venture capital firms in 2022, but Bullpen has reportedly managed to maintain operations with their “unique” post-seed investment approach. As noted in an update shared with CI, Bullpen… Read More

December 30, 2022 @ 11:45 am By Omar Faridi  |  

We recently connected with Jacob Fernane, Founder and CEO of Pacific Lion LLC, a full-service equity investment and consulting firm for early-stage tech companies. Pacific Lion makes behind-the-scenes equity investments while guiding founders through a 12-18 month trajectory of milestones that lead to a liquidity… Read More

December 27, 2022 @ 2:45 pm By Omar Faridi  |  

As this year’s slowdown in venture capital continued through Q3, VCs increasingly used bridge rounds “to keep their portfolio companies afloat—or to position them for a stronger rebound when dealmaking picks up,” according to an update from Carta. Bridge rounds are “unpriced financing rounds that… Read More

December 20, 2022 @ 8:50 pm By Omar Faridi  |  

Nemesis Technologies, a venture capital fund that invests in deep technology, announced that it is on course to become the world’s “largest” digitally securitized fund, with significant nine-figure backing from Institutional Investors & Family Offices across Asia-Pacific, Europe, and the US. Set up throughout 2022,… Read More

December 20, 2022 @ 8:27 am By JD Alois  |  

Funding into US startups has dropped by a precipitous 40%, according to a new report. In 2021, startups raised $296 billion. During 2022, this number has declined to $176 billion, a dramatic decline for a key sector of the economy. Entrepreneurship and small businesses are… Read More