We at peHUB have written about emerging biofuels companies on a number of occasions in the past year, chronicling the rush of these still formative companies to the IPO window. Here is a useful “cheat sheet” courtesy of Lux Research on who the ultimate winners and losers could be. The biofuels and biochemical industries are […]Continue
Lightspeed Venture Partners has begun raising a new fund that could match its existing $800 million vintage 2008 fund in size, according to three industry sources. Along with its new fund, the Silicon Valley firm is considering spinning off its Chinese operations, two of the sources say. Lightspeed partners have been meeting with existing investors […]Continue
Time to catch up on the peHUB stories your colleagues found most compelling this week. Here are the top 10 posts that garnered the most pageviews from regular readers from Aug. 8 to Aug. 12. It isn’t terribly surprising that most of the posts were related in some way to the turmoil in the public markets this week.
1. Early Stage Funds Dominate CalPERS’ Top 10 Venture Funds, by Mark Boslet
2. Silicon Valley’s Undertaker: ‘We’re Anticipating a Major Fallout’, by Connie Loizos
3. Groupon, Zynga and 9 Other VC-Backed IPOs Threatened by Market Turmoil, by Joanna Glasner
4. LinkedIn, Solazyme, Zipcar, 33 Other VC-Backed IPOs Bloodied in Market Beatdown, by Lawrence Aragon
5. Idaho Public Employee Retirement Top-Performing Funds (subscribers only), by David Toll
6. Menlo Ventures Is Biggest Winner in Carbonite IPO, by Lawrence Aragon
7. Venture & PE Picks for a Double Dip, by Joanna Glasner
8. Colorado PERA Top-10 Performing Funds Since 1982, by David Toll
9. How This Year’s 10 Biggest VC-Backed IPOs Fared in the Market Plunge, by Lawrence Aragon
10. Reuters Exclusive: Khosla Loses 2 Partners; Alex Kinnier to Do Startup, Jim Kim’s Plans Unknown, by Sarah McBride and Peter Lauria, Reuters
Traders showed no love for VC-backed IPOs in today’s bloodbath on Wall Street. Of the 38 venture-backed companies that have gone public this year, 36 saw their share prices drop today and two were flat, according to data from Thomson Reuters (publisher of peHUB). All market indices were hammered, with the Dow Jones Industrial Average […]Continue
As you are well aware by now, the stock market plunged today on fears that the U.S. economy is slipping back into a recession and concerns about a debt crisis in Europe.
It was the biggest selloff in two years, with the Dow and the S&P 500 both declining by more than 4% and the Nasdaq falling by 5 percent.
I was curious how this year’s crop of VC-backed companies fared in the correction, so I took a look at the performance of 2011’s 10 largest IPOs of U.S.-based VC-backed companies. Given that I was expecting to find a bloodbath, IContinue
Enphase Energy joined the list of top cleantech companies testing the IPO waters this year by filing for an IPO on Wednesday The company said in a S-1 registration statement submitted to the Securities and Exchange Commission that it plans to raise $100 million. A successful offering will benefit six venture investors with substantial stakes […]Continue
IPO investors aren’t getting any breather after LinkedIn’s blockbuster debut last week. This week is shaping up to be remarkably busy for venture- and private equity-backed offerings, with at least four such on IPOs on tap that could debut in the next few days. Two of those — Russian search engine Yandex and chipmaker Freescale […]Continue
Solazyme Inc., a South San Francisco, Calif.-based developer of biofuels through the use of microalgae, said that Bunge Ltd. (NYSE:BG) has joined the company’s Series D funding round as a strategic investor. No financial terms were disclosed. The company previously said that it had raised $52 million in Series D funding from Morgan Stanley, Braemar Energy Ventures co-led the round, and were joined by insiders Lightspeed Venture Partners, The Roda Group, Harris and Harris Group, VantagePoint Venture Partners, Zygote Ventures, CTTV Investments and San-Ei Gen.Continue
Solazyme Inc., a South San Francisco, Calif.-based developer of biofuels through the use of microalgae, has raised $52 million in Series D funding. Morgan Stanley and return backer Braemar Energy Ventures co-led the round, and were joined by insiders Lightspeed Venture Partners, The Roda Group, Harris and Harris Group, VantagePoint Venture Partners, Zygote Ventures, CTTV Investments and San-Ei Gen. The company previously raised over $76 million.Continue
Solazyme Inc., a South San Francisco, Calif.-based developer of biofuels through the use of microalgae, has closed its Series C round with $57 million in capital commitments. Braemar Energy Ventures and Lightspeed Venture Partners co-led the round, and were joined by VantagePoint Venture Partners and return backers like The Roda Group and Harris & Harris Group. The companyhas now raised over $76 million in total VC funding.Continue
Solazyme Inc., a South San Francisco, Calif.-based developer of biofuels through the use of microalgae, has raised $45.4 million in Series C funding, according to a regulatory filing. The deal included around $6.4 million of convertible securities. Braemar Energy Ventures and Lightspeed Venture Partners were joined by return backers like The Roda Group and Harris & […]Continue