Global investments made by vc funds in startups in May were worth $39bn, about 30% less than the monthly average for 2021. Already, 68% of vc funds are reporting markdowns of valuations in their portfolios.\n\nStartups that rely on vc cash are, unsurprisingly, feeling the pain.
Venture capital (VC) is a high-risk, high-reward game ... funding, and so on ... The six-year-old SaaS tool is used by global VC and private equity firms, hedge funds, and asset managers across markets in the US and the UK ... To date, Synaptic has raised $26 million in two funding rounds.
Interestingly, only 17 of these firms, which have potential to turn unicorns on the Hurun list, made profits in FY21, indicating that the vast majority of India’s future unicorns may have to subsidise their revenue by raising additional venture capital or private equity funds.
Bengaluru-based fintech startup CheQ Digital said on Wednesday it has raised $10 million in a seed round led by VentureHighway and 3one4 Capital. The round also saw participation from MultiplyVentures, Marshot Ventures, and Veda VC.CheQ expects to use the funds raised to primarily build its team, launch its product, and invest in technologies.
the funds are coming in the form of a Series C that values EF itself at around $560 million ...For some background, EF, unlike typical VC funds, does not take a 2% management fee on top of the investment from those in whom it invests ... the rest of the sum, around one-third of this funding, will be going into continuing to build EF itself.
AUSTIN, Texas, June 29, 2022 /PRNewswire/ -- Spot, the tech startup offering on-demand injury insurance, today announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt. The round was led by Ensemble VC, with participation from Sozo Ventures and all existing investors.
Electronic product manufacturer Mekr raised Rs 5.8 crore in a seed round from early-stage VC firms TitanCapital and Better Capital. The round also saw participation from 2AM VC. The startup will use the funds to enhance its technology, supply chain, sales, and project management team, among other things ... Edited by Suman Singh ....
Extra funding worth £5m has been pledged to Manchester-based early stage investor Praetura Ventures by BritishBusiness Investments. The funding fillip will be used to support start-ups in under-served parts of the UK ... VC firm Praetura Ventures breaks £100mEIS funding mark.
Backed by a roster of strategic advisers and investors, including actor Leonardo Di Caprio and circular economy and Cradle2Cradle pioneer William McDonough, the newly formed venture capital firm Regeneration.VC announced a few weeks ago the final closing of its first $45 million fund ... Alongside CCOF I-B, CircularCapital also manages a second fund.
DELHI, India--(BUSINESS WIRE)--Jun 29, 2022--. Since the pandemic, the e-commerce industry in India has grown massively riding on increased adoption by customers, with 80% smartphone users coming from small towns ... They are backed by YCombinator and top tier global VC funds ... They are targeting a $100 billion market ripe for disruption ... CONTACT ... KEYWORD ... .