David Bogoslaw

With more than 25% of total capital invested in European tech companies going to the carbon and energy sector, sustainability-focused start-ups have attracted tech workers from other parts of the world.

With backgrounds in economic development, the VC firm’s co-founders are trying to raise the profiles of African tech start-ups that are addressing some of the continent’s toughest problems and highlight new venture destinations for investors.

For new investments in Malaysia and other countries, the global venture fund has partnered with a sovereign wealth fund that shares its interest in applying digital technology to clean energy, healthcare and education software.

One Way Ventures has assembled a star-studded group of founders – including LinkedIn, Slack and Noom alums – to share lessons and advice with its portfolio company founders.

Firm founder Jason Howard says New Catalyst Strategic Partners plans to initially do seven to 10 deals, with investments between $60 million and $75 million or more.

Distributions are key to an improved fundraising market. 'DPI tells the story,' says QED co-founder and chief investment officer Frank Rotman.

An extended timeline to liquidity means LPs will be more careful about which GPs they continue to allocate to in 2024.    

VCs foresee more flat and down rounds this year for companies that last raised capital at heady valuations during the venture boom.

Many of the 18 venture capitalists we spoke with expect M&A exits to become more viable this year, but most don’t see the IPO market rebounding meaningfully until late this year or more likely in 2025.

VCs have low expectations for IPOs, but see a rebound in M&A, citing optimism about lower interest rates and interest from private equity investors and better-capitalized public companies eager to get teams and technologies at a discount.