VCJ Venture Valuations Fenwick & West
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Venture valuations soften modestly in Q1

Venture capitalists remained a sanguine lot in the first quarter, but valuations for Silicon Valley companies nonetheless softened modestly in Series B and later rounds. Up rounds topped down rounds by a wide margin, essentially matching the results of the fourth quarter and continuing an upbeat multi-quarter trend. Eighty-one percent of deals were marked higher […]

VCJ Venture Agtech China

In a more subdued China, venture funding for agtech soars

Despite signs of a slowing market for venture investing in China, agtech funding soared during 2018, with larger rounds providing a lift to capital deployed. Investors pumped $5.8 billion into young companies, a giant leap from $1.8 billion in 2017, according to AgFunder. Deal volume rose at a slower 60 percent pace to 283 deals, […]

VCJ Venture SoftBank Uber
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SoftBank’s legacy: The private IPO

SoftBank Vision Fund didn’t invent the so-called private IPO, but its deep pockets have helped institutionalize these so-called mega rounds of $100 million, and many times much more. In the past five years, massive financing rounds have spread like wildfire across U.S. venture capital. Last year, 201 such rounds took place, almost double the total […]

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Insurtech on pace for record year with $1.5 bln in Q1

Insurtech investing is on pace for another record year with $1.5 billion dispersed in the first quarter to 59 companies globally. The quarter added up to the third largest ever and suggests interest in the space is spreading outside of North America, where a large share of the investing has typically taken place. The quarterly […]

VCJ Venture SoftBank

Second Vision Fund seen as likely

By some measures, the unthinkable has happened. Two years after kicking off the largest fund ever to target venture capital investments, the SoftBank Vision Fund is running out of money. In March, SoftBank CEO Masayoshi Son said about $70 billion had been invested in what VCJ calculates are at least 71 financings in at least […]

VCJ SoftBank
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SoftBank deals categorized: Transportation and real estate lead the way

The SoftBank Vision Fund’s biggest bet so far has been on new-age transportation, which includes ride hailing. With 25 out of its 71 investments in this area, according to data collected by VCJ, it has taken a major piece of this new industry. Driving its interest is the belief transportation is being transformed and a […]

VCJ Venture

GV’s Philippakis joins gene editing letter to HHS Secretary Azar

GV Venture Partner Anthony Philippakis has joined a letter to U.S. Health and Human Services Secretary Alex Azar calling for a global moratorium on germline gene editing. The letter was submitted on April 24 and is signed by more than 60 prominent academics and professionals from the field. It follows the birth of of twins […]

VCJ Venture Fund Performance LP

Fund Performance: New Mexico ERB portfolio, 2013 to 2017

Below is performance data for the vintage 2013 to 2017 venture funds in the New Mexico Educational Retirement Board portfolio. The figures from the New Mexico LP are current as of September 2018. To download the full version of the spreadsheet below with additional data, click here: New Mexico Educational Retirement Board portfolio (2013 to 2017) New Mexico Educational […]