Kaitlyn Landgraf Bartley
The legal battle over public beach access near property owned by venture capitalist Vinod Khosla is continuing in two separate cases, and a third is pending in federal court. A trial is currently underway in San Mateo County Superior Court for a lawsuit filed by the group Friends of Martin’s Beach against Martins Beach 1 […]
3D printing company Markforged announced today it has raised $30 million in Series C funding from lead investor next47, the venture firm funded by Siemens, as well as from Porsche Automobil Holding SE and Microsoft Ventures. The Cambridge, Massachusetts-based company develops 3D printers that manufacturers parts in metal, plastic and carbon fiber for industrial uses. All […]
Initial coin offerings have caught the venture industry off guard, with more than 200 blockchain startup companies raising nearly $2.6 billion through the offerings, or ICOs, since 2014. Now some venture firms are beginning to explore how to leverage the unorthodox fundraising strategy for their own investment funds. Santa Monica, California-based incubator and venture firm Science Inc is […]
The co-founders of a Silicon Valley social club have obtained a $3.7 million judgement against a company founded by entrepreneur and investor Tony Perkins, but the legal wrangling between the parties continues with Perkins filing a cross-complaint this week against his former business partners seeking $10.3 million in damages. In 2015, AlwaysOn, a company founded […]
The University of California has pared down the number of venture funds in its portfolio amid a wider cost-saving effort to reduce management fees. UC’s Office of the Chief Investment Officer of the Regents, which oversees $109.8 billion in assets across six investments products, has dropped more than 120 PE and VC fund partners over the […]
Intel Capital is focusing on the expanding data ecosystem, investing $60 million in new investments into 15 startups that capture, manage, secure or analyze data. The venture arm of Intel has also expanded its investments into companies led by women and minorities. The investments were announced at the organization’s first-ever Intel Capital CEO Showcase in […]
Both the number and value of venture investment deals closed in September dropped across the healthcare, information technology, security, and cleantech sectors compared to the same month last year, according to VCJ’s analysis of preliminary data from Thomson Reuters. The healthcare sector saw deal count drop to 66 deals in September 2017, down from 86 […]
San Francisco-based Blockchain Capital has raised $59,720,000 of a targeted $75 million fourth fund, according to a regulatory filing. The firm is led by brothers Brad and Bart Stephens and focuses on investments into blockchain technologies. Thus far, 76 investors have committed to the fund, according to the filing. In April, the firm raised $10 million of its third fund through an initial coin offering, or ICO, VCJ previously reported.
Initial coin offerings took the summer by storm, with more than US$1.5 billion raised from April through August. Reactions have been extreme and varied. For VCs, digital-token offerings present opportunities and challenges. They open the door to new liquidity for startups and investors, while presenting a host of regulatory issues. Waterloo-based Kik Interactive, the anonymous social-media app founded in 2009, is raising US$125 million by selling digital tokens called Kin. Paul Holland, a general partner at Foundation Capital, which invested in the company five years ago, spoke with Venture Capital Journal about the ICO strategy.
Initial coin offerings took the summer by storm, with more than $1.5 billion raised from April through August. Reactions have been extreme and varied: Some digital-currency enthusiasts have declared that ICOs will replace venture funding altogether, even as China banned all token sales. For venture investors, digital-token offerings present opportunities and challenges. They open the […]