Corporate venture capital appears poised for more expansion in the months ahead, with new programs being born at a rapid pace and established ones increasing their funds. This once maligned corner of venture capital has experienced a growing sense of maturity in recent years. A decade ago, traditional VCs froze corporates out of deals, and […]
Lindsey Maule, head of cryptocurrency research at Precursor Ventures, has launched Luna Capital, a cryptocurrency-focused hedge fund, serving as CEO and general partner, according to the new firm’s website. Maule joined Precursor in August 2017 to build the firm’s investment strategy for initial coin offerings and advise portfolio companies on launching ICOs, according to her […]
Last year was a year of superlatives for corporate venture capitalists. Strategic investors participated in a near-record $30.5 billion of venture deals in the United States, dipping into their pockets for an estimated $9.5 billion of the funding. It was the largest outlay since the dot-com bubble year of 2000 and topped a robust 2015 […]
Funds from SoftBank China Venture Capital and Silicon Valley BancVentures lead a portfolio of emerging markets venture funds at California Public Employees’ Retirement System. The portfolio of 2007 to 2014 vintages favors mid-sized funds and a multi-stage approach to investing. Five of the 11 funds range from $150 million to $350 million, and more than […]
In January 2009, when the first bitcoins were mined, few had heard the term “cryptocurrency.” For their first year in existence, no one traded the bits of code that purported to be digital cash, effectively putting their price at zero. Just nine years later, the market capitalization of all cryptocurrencies had swelled to exceed that […]
For venture-backed startups that want to raise funds by offering tokens, attorney Mark Radcliffe has some key advice about the pitch. “Please, please, if you’re a portfolio company, say you want to do a hybrid token,” Radcliffe said to a packed room at a Feb. 21 event on initial coin offerings at Orange Silicon Valley […]
Venture investor and Sun Microsystems Founder Vinod Khosla is appealing to the U.S. Supreme Court, arguing that California has violated his property rights by requiring him to allow public access to the beach adjacent to his property near Half Moon Bay. In a 151-page filing submitted Feb. 22, Khosla’s attorneys argue that the California Coastal Commission […]
Brightspark Ventures is generating market buzz with a sophisticated and fast-growing funding model that taps into the wealth of a once overlooked capital source. Brightspark, a nearly 20-year investor in North American early-stage tech companies, since 2014 has capitalized its deals by drawing on the resources of a network of Canadian accredited investors and family offices. The firm’s […]
Brightspark Ventures is generating market buzz with a sophisticated and fast-growing funding model that taps into the wealth of a once overlooked capital source. Brightspark, a nearly 20-year investor in North American early-stage tech companies, since 2014 has capitalized its deals by drawing on the resources of a network of accredited investors and family offices. The firm’s strategy, adopted as an alternative to raising a third institutional fund, is dubbed “democratic” because it relies on a large population of small investors, most them new to the venture market, Managing Partner Sophie Forest told PE Hub Canada.
Massachusetts venture firms have been raising more money, but they’re putting a good chunk of the funds elsewhere. In the past three years, venture firms there have raised more funds, both in absolute terms and relative to the total number of U.S. venture funds. And they’ve raised more money as a percentage of the total […]