Venture capitalists appeared to pull back in the first quarter, following the largest funding quarter in U.S. history. But the slowing was only slightly off as big rounds continued to steer money to top-name private companies. The quarterly total starts the year off with a relative bang. Large rounds for We Company, Flexport, Nuro, Aurora […]
By Alejandro Ortiz, SharesPost Founded by Chris Larsen and Jed McCaleb in 2012, Ripple is the one of the first companies to successfully provide a practical application of the blockchain technology. Through RippleNet, its payments platform that runs on a blockchain, the company provides a seamless way to send money overseas regardless of location or […]
Andreessen Horowitz announced that it has filed to register the firm as an investment adviser, rather than simply a venture capital outfit, in an effort to expand its flexibility with cryptocurrencies. The news was first disclosed in an article on Tuesday in Forbes and confirmed Wednesday in a tweet from General Partner Jeff Jordan. The […]
Leah Busque joined Fuel Capital in 2017, fresh off her success as founder and CEO of TaskRabbit. In her role as a general partner, she invests in consumer technology, including marketplaces. She’s also a keen supporter of greater gender diversity in the venture capital ecosystem. About 30 percent of deals at Fuel are focused on […]
Uber put its money where its perceived opportunities were in late March when it agreed to pay $3.1 billion for Middle Eastern ride hailing service Careem. But here in the United States, M&A activity involving venture-backed startups softened in the first quarter, as market volatility in the fourth quarter left a pall of concern over […]
Fusion Pharmaceuticals, a cancer radiotherapeutics specialist, raised $105 million in a Series B financing, one of the largest Canadian biotech deals on record. Varian Medical Systems, a Silicon Valley oncology business, co-led the round with New York healthcare investment giant OrbiMed. Perceptive Advisors, Pivotal bioVenture Partners and Rock Springs Capital also invested, as did Fusion’s […]
Below is performance data for the vintage 2016 to 2018 venture capital funds in the Public Employees’ Retirement System of Nevada‘s portfolio. The figures from the Nevada LP are current as of September 2018. An expanded spreadsheet with additional data is attached. To download the full version of the spreadsheet below with additional data, click here: Fund Performance Nevada PERS 2016 to […]
It seems not a month goes by without news of the latest food-related outbreak, whether it’s romaine lettuce contaminated with the E. coli bacteria or packaged chicken infected with salmonella. Food safety is a growing problem, sickening millions and costing businesses billions of dollars in damages. In the U.S. alone, 48 million people are stricken […]
In these days of rapid-fire technological change, an artificial-intelligence startup can use software to automate a manual process in just three months. A young AI chip company can generate a prototype in as little as 18 months. The speed of innovation is faster than ever, it would seem. But is it? Or is the very […]
Cendana Capital is seeking to raise $200 million for its fourth fund-of-funds pool, according to a source familiar with the effort. There is no regulatory filing for the fund. And Founder Michael Kim declined comment. The $200 million target is a step up from when the firm launched nearly a decade ago, but is in […]