Kaitlyn Landgraf Bartley
Despite the newfound potential for liquidity that cryptocurrencies offer, venture investors say they view them with largely the same long-term mindset they give to other company investments. And just because a company is working in the blockchain sector does not mean it should issue its own digital token. Those were a couple of the takeaways […]
Venture investors are eyeing custody banking for digital assets, both as an investment sector and as a resource firms may use as they grapple with how to hold digital tokens and cryptocurrencies in their funds. Some blockchain companies have begun to offer custody for a limited number of tokens, but none have settled on a perfect solution. […]
Ethereum co-founder Vitalik Buterin has left Fenbushi Capital, a Shanghai-based venture firm focused exclusively on blockchain technology, according to TechCrunch. The firm was founded in 2015 and lists Feng Xiao and Bo Shen as general partners in addition to Buterin. Buterin, a 23-year-old Russian-Canadian, developed Ethereum in 2013 and is among the most prominent figures […]
Equity invested in the healthcare, cleantech, information technology, and security sectors increased in December 2017 compared to the same month a year prior. But deal count in each of those sectors remained relatively stable or dropped compared to December 2016. That’s according to VCJ’s analysis of preliminary data from Thomson Reuters. The cleantech sector saw […]
In 2018, venture investors can expect to see at least one healthcare IT unicorn exposed as being overhyped, an uptick in successful IPO and M&A exits in the sector, and Amazon kept at bay from disrupting pharmacy-benefits managers. That’s according to Venrock Partners Bob Kocher and Bryan Roberts, who discussed their annual predictions for the […]
Industrial analytics software company Element Analytics announced it has raised $19.5 million from venture investors including GE Ventures, Honeywell, ABB, Mitsui, Aster and Blue Bear Capital . They join previous investors, such as Kleiner Perkins Caufield & Byers, which invested thought its Green Growth Fund, and private investors. The new funding brings the company’s total equity […]
Healthcare venture fundraising hit a record-high of $9.1 billion in 2017, and venture investments in the sector are projected to hit a record of $15.5 billion in 2017, once the final numbers are tallied. That’s according to Silicon Valley Bank’s annual Trends in Healthcare Investments and Exits Report. Fundraising in 2017 increased 26 percent over […]
Venture investments in North American cannabis companies ticked up in 2017 as more U.S. states and Canada rolled out legislation allowing recreational use of the drug. In 2017, venture firms invested $88.8 million into 18 cannabis-related companies in North America, up from $37.4 million invested in nine companies in 2016, preliminary Thomson Reuters data shows. The […]
Founders Fund bought $15 million to $20 million worth of bitcoin across several of its most recent funds, and that investment has ballooned to hundreds of millions of dollars, the Wall Street Journal reported on Tuesday. Cryptocurrency prices saw a boost in the wake of the news, with 21 of the top 25 digital currencies climbing […]
Mergers and acquisitions of U.S.-based companies dropped in 2017 compared to the years prior, both in terms of the number of exits and their total disclosed value, according to VCJ’s analysis of preliminary data from Thomson Reuters. Through mid-December, 298 private venture-backed companies exited in 2017, compared with 313 in 2016 and 388 in 2015. […]