Despite a weak Q4, corporate VCs backed 905 deals last year in setting a 15-year investment record
Speedinvest’s $100 million final close has vindicated the seed investor’s work-for-equity model, which ditches carried interest for hands-on roles at portfolio companies
The $10 million commitment represents a shift in New Mexico’s existing in-state investment program, which began backing late-stage businesses and venture funds more than 20 years ago
All but two of the funds, which favors smaller early-stage vehicles, are in positive territory
The number of new funds reached a five-year peak in 2014, but they appear to have leveled out in 2015
M&A proceeds spiked in December thanks to Bristol-Myers' $2.1 billion acquisition of Cardioxyl, the largest acquisition of a venture-backed company in 2015
Information Venture Partners, a venture firm launched in 2014 by former RBC principals, has secured most of the $100 million target set for its second fund, as investors show a growing appetite for opportunities in North America’s financial technology sector. The Toronto-based firm raised an initial $72.5 million for Information Venture Partners II from a group of LPs led by HarbourVest Partners.
VCs seek sweet deals in Auto IT, including semi-autonomous driving technologies and other innovations
Fontinalis Venture Partners, the Detroit-based VC firm that Bill Ford, the great-grandson of Henry Ford, helped launch in 2009, is raising a $125 million second fund.
Emerging managers and international investments are responsible for an increasing number of distributions, according to a recent Cambridge Associates study