Funds from Upfront Ventures, Claremont Creek Ventures and Huntington Capital lead a portfolio of late-decade venture funds at the California Public Employees’ Retirement System. The portfolio of 2007 to 2009 vintages favors small funds and an early-stage approach to investing. Half of the funds are between $100 million and $200 million in size, and most […]
Despite the newfound potential for liquidity that cryptocurrencies offer, venture investors say they view them with largely the same long-term mindset they give to other company investments. And just because a company is working in the blockchain sector does not mean it should issue its own digital token. Those were a couple of the takeaways […]
Venture investors are eyeing custody banking for digital assets, both as an investment sector and as a resource firms may use as they grapple with how to hold digital tokens and cryptocurrencies in their funds. Some blockchain companies have begun to offer custody for a limited number of tokens, but none have settled on a perfect solution. […]
Nearly two years after growth-stage investor Edison Partners closed on $275 million for Edison Partners VIII, which was its largest vehicle to date, Managing Partner Chris Sugden tells VCJ that the firm is nearly done deploying all the capital from the fund. “It’s been almost three years since our first close on the fund, and […]
Venture capital investing expanded last year in regions beyond its traditional center in California, as GPs opened checkbooks filled with dollars eager to go to work. In major U.S. hubs, such as metropolitan New York and Massachusetts, capital going to startups grew at a faster clip than it did in the San Francisco-Silicon Valley area. […]
Funds from Emergence Capital Partners, Third Rock Ventures and OrbiMed Advisors head up a portfolio of late-decade venture funds at the California Public Employees’ Retirement System. The portfolio of 2007 to 2011 vintages favors mid-sized fund and an early stage approach to investing. Almost half of the funds are between $250 million and $750 million […]
In 2018, venture investors can expect to see at least one healthcare IT unicorn exposed as being overhyped, an uptick in successful IPO and M&A exits in the sector, and Amazon kept at bay from disrupting pharmacy-benefits managers. That’s according to Venrock Partners Bob Kocher and Bryan Roberts, who discussed their annual predictions for the […]
The United Kingdom’s June 2016 vote to leave the European Union was to deliver a body blow to U.K. venture capital, but so far the wallop hasn’t been as painful as expected. Venture investing in the United Kingdom kept a strong pace in 2017 with more than $5.7 billion earmarked for local startups, enough to […]
For Canada’s venture capital market, 2017 was a remarkable year. The story is told partly in milestones. They include the largest financing of a local IT company in 25 years (Lightspeed); the largest round on record for an artificial-intelligence startup (Element AI), and strategic funding of a top maker of laser sensors used in self-driving […]
For Canada’s venture capital market, 2017 was a remarkable year. The story is told partly in milestones. They include the largest financing of a local IT company in 25 years (Lightspeed); the largest round on record for an artificial-intelligence startup (Element AI), and strategic funding of a top maker of laser sensors used in self-driving cars (LeddarTech). They were among Canada’s top 10 venture-capital financings last year, which together raised more than $1 billion from investors. The number is based on PE Hub Canada’s list of the largest deals announced in 2017, supplemented by preliminary data from Thomson Reuters.