VCJ Money M&A VC

Monthly recap of fund briefs through Aug. 16

U.S.-Focused Funds Bessemer Venture Partners has set out to raise a 10th fund. A regulatory filing did not report a target size or a first close. Bessemer’s ninth fund closed in February 2015 and attracted $1.6 billion. The firm invests across stages, from seed to growth rounds, with a focus that ranges from enterprise to consumer and healthcare. […]

venture capital, SHS, Germany, healthcare

SHS Fund V giving digital health a financial shot in the arm

By Alex Derber, VCJ Correspondent Many industries awakened late to digitization, but healthcare is particularly lagging. That’s partly because developing and certifying new medical tech is expensive and complex, which can deter investment. In Europe, this means relatively few venture investors have reached the size of SHS, which recently did a €90 million ($105 million) […]

venture capital, Ring Capital, France, private equity

French firm Ring Capital banking on PE firms buying tech companies

By Alex Derber, VCJ Correspondent Helped by generous state investment and an entrepreneur-friendly government, new French VC funds are emerging at a rapid clip. One of the latest is Paris-based Ring Capital, which has raised €155 million ($180 million) at second close for its debut technology fund. Like many of its compatriot firms, Ring received […]

VCJ IPO Profiles

June IPO Profiles: New debuts driven by life sciences

In June, 18 venture-backed companies went public on U.S. exchanges, including 14 in the life sciences. In May, seven companies went public. The combined value of the June IPO proceeds nearly tripled to almost $2.2 billion from $765 million. The largest VC-backed tech startup to go public in June was pharmaceutical company Tricida, raising $222 […]

Digital Money Blockchain ICO Cryptocurrency VC

Post Venture Capital Index gains ground in June

For the third consecutive month, the Thomson Reuters’ Post Venture Capital Index (PVCI) rose over the prior month, advancing 18.9 points to end June at 1283.29, a 1.5 percent gain over the previous month. The PVCI stood at 1264.38 at the end of May. It began the year at 1200.19. At the end of June, […]

venture capital, fundraising

Monthly recap of fund briefs, as of July 16

U.S.-focused funds Floret Ventures is seeking $25 million for its new fund. Stella Kleiman and Lily Teng serve as general partners of the San Francisco firm. Crosslink Capital announced it closed its eighth fund, which was oversubscribed, with $275 million in commitments. The early-stage firm, which has offices in San Francisco and Palo Alto, California, had raised $170 million for […]

VCJ Fund Profile Xange

Xange’s Rose: French VC moving at speed of U.S. peers

By Alex Derber, VCJ Correspondent France and the Benelux region supplied 45 percent of all venture capital fundraising in Europe last year, according to trade body Invest Europe, and French VC is seeing unprecedented support from government and private investors. Encouraged by the flood of capital, several private equity firms in recent years have added […]

VCJ Fundraising Currency

Monthly recap of fund briefs, as of June 21

Through June 20, U.S. firms have raised more than $18.4 billion for 172 funds, which is virtually on the same pace as last year, when 171 funds raised a little more than $19 billion during the same period in 2017. Read on to find out about which U.S. and international firms raised commitments or closed […]

venture capital

VCs on the Move monthly recap, as of June 20

Read on to find out more about recent hires and other moves in the venture community over the past four weeks, including a bevy of changes at NEA, a new consumer internet partner at Norwest, an analyst at Union Square, and a new adviser at 8VC. … New Enterprise Associates promoted Carmen Chang and Ali Behbahani to general partner. Chang […]

VCJ Performance Growth VC

Post Venture Capital Index rises in May

For the second consecutive month, the Thomson Reuters’ Post Venture Capital Index (PVCI) gained ground from the month before, advancing 50.61 points to end the month of May at 1264.39, up 4.2 percent from the month before. The PVCI stood at 1213.78 at the end of April. It began the year at 1200.19. At the […]

VCJ IPO Profiles Venture

May IPO profiles: Biotech companies lead the way

Seven venture-backed companies went public on U.S. exchanges in May, two more than in April. The seven new offerings raised $765 million in proceeds, compared with $1.2 billion from the five new issues in April. The largest VC-backed startup to go public in May was Kiniksa Pharmaceuticals, raising $153 million, followed by cybersecurity company Carbon […]

venture capital, healthcare, France

LBO France head of venture sees more opportunities in digital health

By Alex Derber, VCJ Correspondent In the years following the financial crisis, many large financial institutions offloaded their venture capital arms. Now that trend appears to be reversing. Banks and insurers are launching captive funds to seek technology relevant to their businesses, and some PE firms are also broadening their investment remit. Take, for example, LBO […]

Dashboard Collapse Drop

May Dashboard: Fundraising continues to rise as M&A sinks

Venture fundraising continued to climb in May, as nearly $4 billion in commitments were raised by U.S. funds. That was the second highest total this year, behind the $4.4 billion raised in February. Meanwhile, M&A of VC-backed companies nosedived in May as only three deals disclosed financial details. The following stats are based on preliminary […]

venture capital, Germany, Europe, industrials, technology, software, vehicles, self-driving

UVC seeks opportunities in Germany’s industrial-tech economy

By Alex Derber, VCJ Correspondent German industry is sufficiently large and advanced for the country’s annual goods exports to rival those of the U.S. This provides a lucrative market for industrial technology, and although the U.K. still leads Europe in areas like enterprise software, one firm should help Germany catch up. Unternehmertum Venture Capital of Munich has […]