Andreessen Horowitz has raised $2.75 billion for a core, early-stage fund and its first ever late-stage fund, as the firm broadens its strategy for a time of large rounds and delayed IPOs. The Silicon Valley investor said in a blog post its sixth early-stage fund attracted $750 million and will focus on investments in enterprise, […]
By some measures, the unthinkable has happened. Two years after kicking off the largest fund ever to target venture capital investments, the SoftBank Vision Fund is running out of money. In March, SoftBank CEO Masayoshi Son said about $70 billion had been invested in what VCJ calculates are at least 71 financings in at least […]
Priya Saiprasad, a veteran venture investor, joined Mayfield as a partner to focus on the enterprise sector, specifically on AI and analytics-driven businesses. She will also lead the firm in guiding initiatives for women founders, akin to her effort at her previous firm, M12 Ventures. As a founding member and principal at M12, Saiprasad launched that […]
Canadian women-focused venture firm Disruption Ventures cut its first check, backing a startup that serves the fast-emerging vacation-rentals sector. Disruption invested in the $1 million seed round of Hostfully, a San Francisco software provider that helps rental-property managers streamline operations and engage with guests. The financing was led by Precursor Ventures. Also investing were MergeLane, Wharton […]
The SoftBank Vision Fund’s biggest bet so far has been on new-age transportation, which includes ride hailing. With 25 out of its 71 investments in this area, according to data collected by VCJ, it has taken a major piece of this new industry. Driving its interest is the belief transportation is being transformed and a […]
Canada’s venture market showed no signs of slowing down in the first quarter, with C$1.3 billion ($1 billion) invested in tech companies, according to preliminary data from Refinitiv. That makes Q1 the third most cash-intensive first quarter in the market’s history. It comes after seven consecutive years of growth, with annual deployments since 2016 averaging […]
The Vision Fund bets big on transportation and real estate, but also on shaping industries to its liking. Venture better take notice.
Below is performance data for the vintage 2013 to 2017 venture funds in the New Mexico Educational Retirement Board portfolio. The figures from the New Mexico LP are current as of September 2018. To download the full version of the spreadsheet below with additional data, click here: New Mexico Educational Retirement Board portfolio (2013 to 2017) New Mexico Educational […]
Three years after raising its first $120 million fund, Clear Ventures, an early stage-focused firm, announced the close of the second $180 million fund. In an era when fund sizes have swelled, Clear Ventures’ decision to increase the fund size by 50 percent was carefully thought out. “The dollars raised was based on our portfolio […]
Ohio is not just another flyover state when it comes to venture investing. Although venture activity in the state has appeared to slow in the first quarter of 2019, venture investing has been ablaze in the Buckeye State, especially in and around the Columbus area. In 2018, venture investors pumped more than $1 billion into […]