Madrona raises record $690m for two new VC funds
Madrona has raised $690 million across two oversubscribed venture capital funds for technology startups based in the Pacific Northwest and beyond – $430 million for the Madrona Fund 9 and $260 million for the Acceleration Fund 3. These funds represent an almost 40% increase from the $500 million Madrona raised in 2020, and the firm […]
Private equity investors worried about valuations
Venture capital and private equity investors are becoming concerned over the exit environment, and the majority believe the asset class is overvalued, a new survey from Preqin shows. Venture capital is the asset class the research firm views most at risk from current economic and market volatility because venture-backed firms have much in common with […]
Binance’s Venture Capital arm raises $500 Million Crypto Fund
Binance Labs, the venture capital arm of the world’s biggest crypto exchange, launched a $500 million fund to invest in digital-asset projects, the latest capital injection into an industry that’s reeling from plunging prices and the collapse of the TerraUSD stablecoin. The announcement followed Andreessen Horowitz’s $4.5 billion raise for a crypto fund last week, […]
Venture Capital’s Billions Are Taking Over London Finance
In the City of London’s 1980s heyday most well-behaved investment bankers paid little heed to King’s Cross, then a seedy, drug-ridden den of vice a few miles away from their trading floors and wine bars. Today the area attracts tech giants, startups and global investors, even as the centuries-old heart of London’s financial world stands still. At the heart of the renaissance is Alphabet Inc., which has built Google’s […]
Hedge Funds Continue To Expand Into The Private Equity Market
VCs have dominated private funding and the start-up space for decades, while hedge funds focused largely on publicly listed companies. The reason for this is simple: hedge funds prefer to invest in stocks such as Google and Facebook that will offer them high returns on investment (ROI) in a short period of time. In 2014, […]
Two million jobs now supported by PE and VC, says new BVCA study
Two million jobs are supported by private capital in the UK, around 6% of all UK jobs, according to a new independent study. The role of private equity and venture capital has come under intense scrutiny in recent years following a series of high-profile transactions, but the findings of a study from EY – commissioned by […]
KPMG UK partners with Acceleris to launch VC fundraising and advisory business
Professional services firm KPMG UK signed an agreement to form a joint venture with Venture Capital (VC) advisory firm Acceleris. Through the joint venture, called KPMG Acceleris, the firms will deliver a range of fundraising and advisory services to entrepreneurs in the UK and internationally, with a particular focus on businesses in technology, life sciences […]
Indian startups raise $9.2bn VC funding in Q1 2022, says GlobalData research
A total of 505 venture capital (VC) funding deals were announced in India during Q1 2022 while the disclosed funding value of these deals stood at $9.2 billion, according to GlobalData. VC funding volume, which registered a decline in February 2022 compared to the previous month, rebounded in March. However, VC funding value showcased month […]
African startups drew record $5.2 billion in venture capital last year, industry group says
African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments, according to data released by an industry group on Tuesday. The success of companies like Nigeria’s Paystack, acquired in 2020 by U.S. payments firm Stripe, and fellow fintech […]
StashAway launches access to private equity, venture capital, angel investing and crypto for Accredited Investors
StashAway has introduced an offering designed exclusively for Accredited Investors (AIs): StashAway Reserve. With StashAway Reserve, Accredited Investors can now access private equity and venture capital (PE and VC), angel investing deals, invest in crypto, and get unbiased wealth advisory. Private equity and venture capital are becoming increasingly attractive one for investors: Bloomberg and Burgiss […]
