Agritech company Indigo in mid-September said it raised $250 million in Series E funding and launched a digital platform to help U.S. growers and buyers purchase and sell grain. Founded in 2014 by David Perry and Geoffrey von Maltzahn, the Cambridge, Massachusetts, company develops microbial and digital technologies aimed to improve profitability for growers, as well as health […]
Below is performance data for the vintage 2015 venture funds in the University of Texas Investment Management Company portfolio. Internal rates of return are current as of February 2018. To download the full version of the table below, click here: UTIMCO venture portfolio (2015 Funds) UTIMCO venture portfolio (2015 Funds) Fund Vintage Contributed capital ($M) Distributions ($M) NAV ($M) […]
Brazilian investing appears to be gathering steam again, with a trend toward big rounds mirroring that in the U.S. Startups from the largest South American nation attracted $859 million last year, or 45 percent of all Latin American investments. One close observer is Rodrigo Baer, a partner at Redpoint eventures. Redpoint Ventures and e.ventures formed the collaboration […]
By Alex Derber, VCJ Correspondent French venture capital, driven particularly by state-backed investor Bpifrance, in the past few years has seen money pour into all stages. But that capital has gone to fewer GPs. One of the recent beneficiaries is Rennes-based Go Capital, which recently held a €70 million ($81 million) second close for its second […]
For years, the tech and venture communities have been sharply criticized for their lack of diversity. Historically, only a few tech companies have been led by women. But the tide may be turning in the C-suite: More and more, VC-backed startups are hiring female executives to fill the COO role. The appointments are noteworthy since […]
Social Capital said it would cease operations as a venture firm, no longer accept capital from outside sources, and shrink by about 40 percent in size. The firm, plagued by a steady stream of departures in the past year, including Co-Founders Mamoon Hamid and Ted Maidenberg, provided the news in a blog post and interview […]
By Rohit Kulkarni, SharesPost Upwork, an online platform that connects companies with freelancers, recently said it plans to go public on Nasdaq under the ticker UPWK. The company, the product of a merger between Elance and oDesk in 2014, helps everyone from the Fortune 1000 to small business clients find competent freelancers with skills in […]
By Tim Schigel, Refinery Ventures VCs are staring at a massive opportunity to make capital-efficient deals at better valuations, and it’s located squarely in the middle of the U.S. Major tech companies are establishing footholds far from Silicon Valley. Amazon, Google, Microsoft and others are rapidly expanding in the Midwest and elsewhere. Google, having outgrown California, has […]
Cosimo Ventures is launching a tokenized evergreen venture fund, as more firms incorporate blockchain technology into their fund structures. With offices in Boston, New York, and Dublin, Ireland, the firm plans to make early-stage investments in companies working in the blockchain technology, artificial intelligence, AR/VR, IoT and cybersecurity sectors. The Cosimo X fund will be […]
Base10, the San Francisco early-stage venture firm founded by a pair of entrepreneurs and investors, today is unveiling its first fund, a $137 million vehicle that nearly doubled its initial $75 million target. Limited partners in the fund include university endowments, foundations, large family offices and funds of funds, such as Neuberger Berman. Other LPs include […]