Emilia David
The firm repaid $4.7m to affected funds and agreed to pay a $700,000 penalty, the SEC said.
The early stage investor raised $340 million for its second fund, which will continue to invest in gaming and metaverse-related start-ups.
VCs poured more than $4.6bn into NFT companies last year, but will they end up rich or stuck with crypto fool’s gold?
The firm, which spun out of New Enterprise Associates in 2018, raised two funds, including a special vehicle to buy portfolios being liquidated by other VC funds.
A report from the NVCA and University of North Carolina showed jobs in VC-backed companies grew 960% from 1990 to 2020, eight times faster than the overall private sector.
Daniel Karp joins as the firm's fourth partner and brings experience in enterprise technology investing.
The America Competes Act allows VC-backed start-up founders to apply for a three-year visa to build companies in the US.
Deloitte Canada’s Deloitte Ventures also hopes to expand investments for diverse founders.
Backed by crypto exchange FTX, FTX Ventures will invest in companies in the Web 3 space.
Andrea Radrizanni, founder of the London firm, owns the soccer team Leeds United and wants to change the antiquated broadcast rights model.