Early-stage investor Canvas Ventures said at its annual CEO dinner Monday night in Atherton, California, that it promoted two staff members. Sarah Catanzaro, who focuses on analytics, data infrastructure and machine intelligence, was named data partner. Catanzaro joined Canvas in June 2016 and was previously an investment associate at Canvas. Prior to joining the firm, she […]
Funds from ARCH Venture Partners, Foundry Group and GGV Capital lead an early-decade venture portfolio at the University of Texas Investment Management Company. The portfolio is made up of 2012 to 2014 vintages and favors smaller funds with an early or seed-stage approach to investing. Three quarters of the funds are less than $200 million […]
By Alex Derber, VCJ Correspondent Fintech sometimes is seen as a trendy new sector, even though internet startups have been active in the field since before the first dotcom boom. The founders of BlackFin Capital Partners, a Paris buyout and VC investor, in 1999 started Fortuneo, now France’s second-largest online bank, and sold it to French […]
Jetti Resources, a natural-resources-tech startup, has raised about $24 million (US$18.7 million) in a Series A financing, apparently with the help of some heavyweight U.S. investors. The Vancouver company, founded in 2014, reported securing most of its funding target in an August filing with the U.S. Securities and Exchange Commission. Jetti told PE Hub Canada the round was closed shortly afterward at the full amount. The round’s backers were not disclosed but likely include Silicon Valley venture firm Kleiner Perkins Caufield & Byers. Kleiner Perkins is identified as an investor on Jetti’s website alongside DNS Capital, a U.S. family office.
Chinese tech startups are notorious for copycatting and never innovating. Baidu is the Google of China, Renren is the Facebook of China, Didi Chuxing is the Uber of China, and Tujia is the Airbnb of China, to name a few. But now U.S. companies are flipping the script and starting to imitate a new wave […]
Funds from Union Square Ventures, IA Ventures and Morgenthaler Ventures head up a late-decade venture portfolio at the University of Texas Investment Management Company. The portfolio is made up of 2008 to 2011 vintages and favors smaller funds with an early or seed-stage approach to investing. Sixty percent of the funds are less than $200 […]
A combination of white-sand beaches, mountain vistas and tourist-charmed cities of Europe appears to be taking its toll on venture capital. Investing in the United States so far this summer seems to have turned down sharply with vacationing partners the most likely culprit. To the surprise of many in the business, who say the summer […]
By Jeff Harbach, Kauffman Fellows Jason Green is one of the most intentional, if not the most intentional, investors I know. So my ears definitely perk up when I hear Jason talking about how to build culture when building a new fund. Think of how Jason started Emergence Capital. When he, Brian Jacobs and Gordon […]
One of the biggest unknowns in venture these days is the value of private unicorns. Will the capitalizations of these billion-dollar-plus companies hold up in the public market, if they are lucky enough to get there, or will they wither under public market scrutiny, with on-paper IRRs disappearing like early spring flowers? The answer might […]
Funds from Spark Capital, Foundry Group and ARCH Venture Partners top a mid-decade venture portfolio at the University of Texas Investment Management Company. The portfolio is made up of 2006 and 2007 vintage funds and favors mid-sized and smaller funds with an early-stage approach to investing. About a third of the funds are between $400 […]