By Alex Derber, VCJ Correspondent As the man behind the USB flash drive, Dov Moran commands instant recognition in Israeli technology circles. Even so, raising his first early-stage fund as managing partner of Tel Aviv-based Grove Ventures wasn’t easy. “People said, ‘You may be good as an entrepreneur, but it doesn’t mean you’ll succeed as an […]
Healthcare venture fundraising hit a record-high of $9.1 billion in 2017, and venture investments in the sector are projected to hit a record of $15.5 billion in 2017, once the final numbers are tallied. That’s according to Silicon Valley Bank’s annual Trends in Healthcare Investments and Exits Report. Fundraising in 2017 increased 26 percent over […]
Venture investments in North American cannabis companies ticked up in 2017 as more U.S. states and Canada rolled out legislation allowing recreational use of the drug. In 2017, venture firms invested $88.8 million into 18 cannabis-related companies in North America, up from $37.4 million invested in nine companies in 2016, preliminary Thomson Reuters data shows. The […]
Jim Orlando, managing director at OMERS Ventures, has pulled out his crystal ball and made predictions about Canadian startup and venture capital trends in 2018. In a PE Hub Canada feature article, Jim presents ten fearless forecasts. They include declining investment in Canada's IT sectors due to few large rounds; the opportunity for some major exits; durable crypto values; a longer wait for autonomous vehicles; augmented and virtual reality that mostly entertains, and; VC's next big things: augmented humanity and space.
Funds from OrbiMed Advisors, New Enterprise Associates, GGV Capital and BlueRun Ventures top a portfolio of recent-vintage venture funds at the California State Teachers’ Retirement System. The portfolio of 2012 and 2017 vintages takes a diversified approach to investing, with an emphasis on mid-sized funds and on a later-stage and multi-stage deal focus. Almost half […]
By Greg Brogger, SharesPost The market forces that drove the evolution of the private secondary markets, such as democratization, globalization, transparency and liquidity, are now driving the adoption of initial coin offerings by private tech companies. After the blizzard of ICO activity in 2017, few would contest that we are on the front end of […]
With seed and angel deal activity down steadily for more than two years, Uncork Capital founder Jeff Clavier sees a bifurcation showing up in the market for these young companies. Angels armed with fresh capital from the IPOs of Facebook, Twitter and others began investing with vigor several years ago. Now they have come to […]
Innovation continued at a rapid pace in 2017, as did capital flows and mega deals. But liquidity failed to keep pace
Mergers and acquisitions of U.S.-based companies dropped in 2017 compared to the years prior, both in terms of the number of exits and their total disclosed value, according to VCJ’s analysis of preliminary data from Thomson Reuters. Through mid-December, 298 private venture-backed companies exited in 2017, compared with 313 in 2016 and 388 in 2015. […]
One of the year’s most surprising stories was that New York City for the first time eclipsed San Francisco in venture funding. New York City startups attracted $4.23 billion in Q3, compared with $4.18 billion for San Francisco/North Bay startups, the MoneyTree Report from PricewaterhouseCoopers and CB Insights shows. Yes, the New York numbers were […]