Tagged: venture capital

November 13, 2023 @ 3:27 pm By Omar Faridi  |  

Acton Capital, one of Europe’s longest-standing venture capital investors, has announced the closing of its Fund ACTON VI to invest throughout Europe and Canada. The team remains committed to “backing companies in their early growth phase, with a focus on startups developing sustainable scaling strategies… Read More

November 11, 2023 @ 5:40 pm By Michael Wong  |  

BonEvalue Pte Ltd (BondbloX), a Singapore-based fintech startup that provides easy access to bonds for investors, has secured $6 million in a Series B round. The funding round was backed by Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank. Existing shareholders MassMutual Ventures… Read More

November 9, 2023 @ 12:11 pm By Omar Faridi  |  

Lightspeed Faction, a blockchain-focused venture capital firm, announced the launch of its inaugural $285 million venture fund. Faction will primarily invest “in early stage blockchain projects and serve as a long-term capital partner as these projects scale.” In addition to providing capital, the fund will… Read More

November 9, 2023 @ 11:26 am By JD Alois  |  

Recently, there have been various reports about the decline in venture capital funding. VC money is a key component in funding risky early-stage ventures. While only a fraction of the investments may drive results, some of these companies may turn into revolutionary platforms or launch… Read More

November 8, 2023 @ 4:21 am By Omar Faridi  |  

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is partnering with SBI Holdings, a Japanese financial conglomerate, to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). The parties say that they intend “to capitalize the vehicle with… Read More

November 7, 2023 @ 9:43 am By Omar Faridi  |  

CBInsights has released the State of Venture in LatAm Report for Q3 2023. The comprehensive report from CBInsights includes data and analysis on dealmaking, funding, and exits by private market venture companies in Latin America. According to the update, there has been a 101% jump… Read More

November 6, 2023 @ 1:36 pm By Omar Faridi  |  

Global corporate venture capital-backed funding and deals drop to the lowest levels since 2018, according to an update from CBInsights. Quarterly corporate venture capital (CVC)-backed funding “has fallen 73% from its all-time high ($48.6B) just 2 years ago,” the CBInsights report revealed. In that same… Read More

November 5, 2023 @ 7:58 pm By Omar Faridi  |  

The downturn that has defined the venture capital industry for much of the past two years continued in the third quarter of 2023, according to an update from Carta. The amount of capital raised by startups on Carta “declined by 38% from Q2 to Q3,… Read More

November 3, 2023 @ 1:47 pm By Michael Wong  |  

Venture capital (VC) investment in Fintech companies dropped 36% to $6 billion in the third quarter of 2023, with deal volume down 39% to 484, according to data released by S&P Global Market Intelligence. However, despite the overall decline, late-stage startups saw a 30% increase… Read More

October 27, 2023 @ 7:50 am By Omar Faridi  |  

SeedBlink, Europe’s tech-focused venture investment and equity management platform, has introduced a series of product enhancements as part of its Fall Release. SeedBlink is approved to operate across the EU under the new ECSPR regime. Based in Romania, the platform has expanded rapidly across the… Read More

October 17, 2023 @ 10:50 pm By Omar Faridi  |  

The US startup ecosystem witnessed a considerable decline in venture capital (VC) funding activity “during the first three quarters (Q1-Q3) of 2023.” A total of 5,448 VC funding deals “with disclosed value worth of $89.3 billion were announced in the US during the period.” This… Read More

October 17, 2023 @ 10:23 am By Omar Faridi  |  

Edinburgh-based venture capital firm Par Equity has today announced the launch of its new venture fund – Par Equity Ventures I LP. The firm has secured “a first close of £67m to boost innovative technology companies with high-growth potential in the North of England, Northern… Read More

October 17, 2023 @ 8:50 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, which is being sued by US regulators for a wide range of issues while also dealing with major operational challenges, has invested in Initia, a network designed for highly interwoven modular rollups. The platform enables… Read More

October 17, 2023 @ 8:32 am By Omar Faridi  |  

New research has revealed that North America ranks first in the world “for Fintech venture capital funding.” The new study, conducted by the researchers at Tipalti, “analyzed factors such as global fintech adoption rates, searches for Fintech by country and the regions that have the… Read More

October 13, 2023 @ 8:59 am By Omar Faridi  |  

Fintech firm Lopay is pleased to announce that it has secured £6 million in seed funding from three VC firms as well as a string of angel investors. The investment from BACKED VC, Portage and The Venture Collective (TVC) comes after more than 20,000 small businesses across all sectors signed… Read More

October 5, 2023 @ 10:26 pm By Omar Faridi  |  

Vyzer, a digital wealth management platform, has successfully raised a Seed round of $6.3 million from leading VCs, angel investors, and family offices including iAngels, Guy Gamzu, MonetaVC, Jonathan Kolber and Rafi Gidron. Leveraging AI technology, Vyzer transforms data “into potent wealth-building strategies and grants… Read More

October 5, 2023 @ 10:21 pm By Omar Faridi  |  

Hong Kong’s push towards blockchain enabled Web3 innovation received strong tailwind through a new fund that CMCC Global launched this week. CMCC Global, one of Asia’s earliest venture capital investors “to entirely focus on blockchain technology and Web3 innovation, announced the launch of a venture… Read More

October 2, 2023 @ 11:35 am By Omar Faridi  |  

Clara, the Latin American solution for businesses to make and manage all their payments, has announced the appointment of Cristian Raygoza as its new Head of Startups, Venture Capital & Private Equity. This strategic move reinforces Clara‘s commitment “to fostering innovation and expanding its reach… Read More

September 30, 2023 @ 3:47 pm By Michael Wong  |  

Cyberstarts, an Israel-based venture capital firm that focuses on early-stage cybersecurity startups, has announced raising $480 million to make follow-on investments. In a statement, the firm said the Opportunity Fund will take advantage of follow-on opportunities from its portfolio companies that are raising Series A… Read More

September 28, 2023 @ 8:32 am By Michael Wong  |  

Startups in Southeast Asia continue to struggle with funding as ecosystem funding falls to a five-year low for the third quarter of this year, according to a report released by SaaS-based market intelligence platform Tracxn. The report said the tech startup ecosystem in Southeast Asia… Read More