The United Kingdom, which in June voted to leave the European Union, also led the continent in venture capital raised by companies in the month. In June, 23 U.K.-based companies raised about €265 million ($292 million) in venture capital, according to preliminary data from Thomson Reuters. The deals included two biotech companies, which also ranked as the […]
Uber led all comers in the month with its $3.5 billion round
Global firm has raised $770 million in last 18 months
Detroit-based Fontinalis Partners, which invests in transportation technologies, already has nearly two dozen companies in its portfolio
U.S.-based venture fundraising also grows in June, as AH and Kleiner Perkins close billion-dollar funds
Union Square Ventures ranks as a top performer in UTIMCO's late-decade venture portfolio, thanks to its backing of LendingClub
Capital flows may pause and overseas talent may think twice before migrating to the city by the Thames, but entrepreneurs in sprawling, international London won’t give up without a fight. So says Alexander Macpherson, an investor at the multi-stage London-based firm Octopus Ventures. The firm invests throughout Europe, backing tech-enabled companies in various stages. “Political […]
New Jersey firm celebrates 30th anniversary closing on a $275 million eighth fund
For Menlo's Venky Ganesan, Twilio deal didn’t just pry open the IPO window, but “opened it with a bang"
Even as venture investment in Canada is increasing, many of the country’s most promising tech companies face a funding gap at key points in their growth cycles, a new study found. A report released today by Yaletown Partners said late-stage tech companies often lack the capital to leverage initial commercial success and pursue emerging-growth strategies. This gap has reduced many innovative companies to bootstrapping their growth. The result is often slower expansion and delayed exits, typically at lower values, relative to competitors.