Posts Tagged ‘VC’

Global Blockchain Ventures Announces Launch of $100,000,000 Venture Fund

Global Blockchain Ventures, LLC has announced the launch of their $100,000,000 blockchain technology focused venture capital fund, Global Blockchain Ventures Fund, LP, with lead investor Stonegate Digital Capital Group committing a seven-figure investment to seed the fund. Global Blockchain Ventures has a core investment focus on blockchain technology and synergistic technology platforms including Internet of Things, MedTech, […]

Dubai investment firm launches $100m fintech fund

Dubai-based Alcazar Capital Limited (ACL) and Fintech Consortium’s investment arm, InQvest Partners (IQP) have partnered to launch a $100m global fintech fund. ACL is anchoring the fund – which will invest in North America, Europe, Asia and the GCC – with 10% of the total capital. The fund partnership will allow IQP to combine its expertise, […]

See ya, seed? Decline in seed-stage startup funding deals may impact venture ecosystem

A record amount of investment dollars are going to U.S. startups. But that doesn’t necessarily mean good news for founders trying to raise seed-stage capital. While total capital invested rose, VC-backed deal volume dropped to the lowest amount in nearly six years, following a trend of more money going to fewer, later-stage deals. There were 16 […]

Software, consumer items, fintech account for 63% of venture funding: study

Three sectors — namely software and internet services, consumer products and services, and fintech and payments — account for 63 per cent of the companies nationally that received venture funding, according to a study by the Indian Institute of Technology, Madras. The institute released its 10th annual report on Indian venture capital and private equity […]

The Money Man: Venture Capitalist Dan Ciporin Talks Fintech

As one of the pre-eminent venture capitalists in the fintech space, Canaan Partners’ Dan Ciporin is known for his greatest hits. As CEO of Shopping.com, he took the company from zero revenue to $130 million. The company went public in 2004 and was sold to eBay Inc the following year. At Canaan, his first investment […]

Singapore VC Firm Launches Dedicated $10 Million Cryptocurrency Fund

Singaporean venture capital firm Golden Gate Ventures is launching what it bills as Southeast Asia’s ‘first dedicated VC cryptocurrency fund’ with $10 million in investment capital. The fund will see a ‘laser-like focus’ on the cryptocurrency and blockchain space by investing in early-stage startups including cryptocurrency exchanges. Beyond cryptocurrency exchanges, the fund will also target startups […]

Old-Money Billionaires Are Chasing New Tech Riches

Having made their fortunes in industries that are increasingly being upended by technology, many of the world’s wealthiest individuals and families are turning to venture investing as a way to bet on the future at a time when fewer startups are going public. Some are backing young companies in hopes of spotting the next potential […]

BlackFin Capital Partners Closes Fintech Venture Capital Fund, at €180M

Paris, France-based investment firm BlackFin Capital Partners has closed a fintech venture capital fund, at €180M. After launching 2 buy-out funds (€220m Fund I in 2011 & €400m Fund II in 2016), BlackFin Capital Partners aims to leverage its sectorial expertise to manage this new fintech fund, partnering with European entrepreneurs in FinTech, InsurTech et RegTech […]

Crypto Unicorn Hunters: The VC Firms Behind Billion-Dollar Crypto Startups

The ranks of “unicorn” companies have been infiltrated by a growing roster of crypto organizations that are dramatically rising in value. While the lineup of crypto unicorns are widely-known, the VC firms backing them are quietly positioning themselves to gain the most from the cryptocurrency revolution. There are currently over 27 fintech unicorns worldwide. Recent […]

Venture Capital Funding Report Q2 2018

PricewaterhouseCoopers and CB Insights’ Q2 2018 MoneyTree report highlights the latest trends in venture capital funding globally: Dollars were up 2% in Q2’18 as a record $23B was invested across 1,416 deals. 45 mega-rounds of $100M or more contributed to the strong quarterly funding total. Total quarterly funding to Asia-based companies increased 10% in Q2’18 as […]