Kaitlyn Landgraf Bartley
When all is said and done, U.S. venture fundraising in 2017 will finish a couple of billion shy of $30 billion. But overall U.S. fundraising dropped in 2017 compared with the previous two years, in terms of the number of funds and the total amount raised. Through Dec. 27, U.S. venture firms raised 248 funds […]
Tribeca Venture Partners is raising a venture fund targeted at $150 million, according to a regulatory filing. The New York-based firm is led by Brian Hirsch and Charles Meakem, and makes early-stage investments in technology sectors including AI and machine learning, healthcare IT, fintech, robotics, and SaaS. The fund, Tribeca Growth Fund, lists no investors.
N5Capital is raising a second venture fund, targeted at $200 million, according to a regulatory filing. The Beijing-based firm makes early-stage investments in the consumer, fintech, sports, and content sectors, according to its website, and is led by Will Jiang and Weiguo Zhao. The filing lists no investors.
New Enterprise Associates made the most venture deals for the second year in a row in 2017, with 125 investments totaling $914 million, according to VCJ’s analysis of preliminary Thomson Reuters data through mid-December. That means NEA invested in 2 1/2 companies a week on average. Sequoia Capital followed, with 81 deals totaling more than […]
In January 2017, initial coin offerings were an obscure fundraising mechanism with all-time cumulative funding totaling less than $300 million. By early December, that amount had increased more than 14-fold to nearly $4.3 billion. Over the course of the year, ICOs incited skepticism and curiosity, elicited celebrity endorsements, and prompted the creation of a new […]
Kleiner Perkins Caufield & Byers had the most M&A deals among U.S. venture firms in 2017, with 14 portfolio companies to exit. That’s according to VCJ’s analysis of preliminary disclosed data from Thomson Reuters. Those companies, which include application performance management solutions company Appdynamics, photo-video music app Flipagram, IT platform Simplivity, and biotech company True […]
Science Inc has raised $12,298,073 toward its venture fund via an initial coin offering, according to a regulatory filing. The Santa Monica, California-based firm is led by Mike Jones, Peter Pham, Gregory Gilman and Tom Dare, and it invests in such sectors as mobile media, Internet of Things, gaming, fintech and blockchain, according to its website. The fund, Science Blockchain Pte Ltd, was hard capped at $100 million, according to the offering memorandum. It is Science’s fourth fund, following two incubator funds and one venture fund. The filing lists 389 investors.
The majority of venture-backed startups ultimately fail, and most of those shutter with little fanfare. VCJ looked back at some of the more memorable companies that ceased operations in 2017, which raised a combined $1.68 billion in venture funding before going extinct. Several of the companies that closed down in the first half of the […]
Amy Burroughs has joined 5AM Ventures as executive-in-residence, according to a press release. The firm is based in San Francisco and Boston and invests in life science companies, according to its website. Burroughs’ previous roles include chief commercial officer and head of business development for APT Pharmaceuticals and adviser to Egon Zehnder on leadership development, talent and board governance.
When Iman Abuzeid was raising a seed round last spring, she compiled her target investor list. She then winnowed it by typical criteria, such as a firm’s industry focus and stage and what year their funds were at in their lifespans. The 32-year-old co-founder and CEO of Incredible Health, a San Francisco startup that enables hospitals […]