European Commission makes its first equity investments into startups
The European Commission has made its first direct equity investments into startups — backing 42 companies from around Europe — in an attempt to plug the funding gap and boost innovation on the continent. Under the new European Innovation Council Fund, each of the companies will receive between €500,000 and €15m, with €178m invested overall. The companies span a […]
RIL deals lift PE-VC funding to $39 billion in 2020, highest in 5 years
On the back of Reliance’s fund-raising spree, private equity (PE) and venture capital (VC) investments in 2020 beat the pandemic blues and recorded the highest level in the last five years at $39.2 billion across 814 deals. This was 6.6% higher than 2019, which had seen 1,012 deals. Investments into RIL’s businesses made up 44% […]
Private equity, venture capital firms invest $598 million in Tamil Nadu
They struck 33 deals with T.N.-based companies in 2020 Despite the COVID-19 pandemic and several uncertainties, private equity and venture capital companies invested $598 million in Tamil Nadu-based companies through 33 deals during 2020. In 2019, the State attracted $1,641 million in private equity and venture capital investments through 54 deals, according to data sourced […]
PE-VC investments in 2020 grow 6.6% to $39.2 bn on back of RIL deals
The bounce back in PE-VC investment activity was markedly concentrated on the two ends of the spectrum: large ticket deals and early stage deals Private Equity – Venture Capital (PE-VC) firms grew by 6.6 per cent in 2020 to $39.2 billion (across 814 deals) from $36.3 billion (1,012 deals) in 2019. The increase was largely […]
