VCs and corporate backers own shares currently worth nearly $10bn for VC-backed companies that have gone public this year – minus the holdings for outliers Circle and CoreWeave, which are valued at $35bn.
General Catalyst and IDG Capital were the biggest winners in Circle's IPO, with each holding 20.9m shares valued at $1.7bn at the closing price of $83.23.
Firm with $7.3bn raised in VC program since first fund in 1990 anticipating return of IPOs and M&As later this year or next, with uptick of CVs in the meantime.
In part 21 of his series on venture debt, Zack Ellison from Applied Real Intelligence explores the fundamentals of convertible notes and why they are a staple of early-stage financing.
Impact investors have an opportunity to make the AI industry safer and reap sizeable returns in the process, panellists tell the Impact Investor Global Summit.
Greycroft, Baroda Ventures and Mercato Partners posted significant gains in the MNTN offering, while Insight Venture Partners, Atomico and 11.2 Capital are among the big winners for Hinge.
Fund III was anchored by Cendana Capital and includes commitments from Intact Ventures, Atacama Ventures, NVNG Investment Advisors and strategic investor Schreiber Foods.
The aviation investment manager plans to raise a new fund that will build on JetBlue Ventures’ existing portfolio and expand founders’ access to more strategic relationships around the world.
In part 20 of his series on venture debt, Zack Ellison from Applied Real Intelligence examines the emerging appeal of lending to non-sponsored, bootstrapped companies.
SE Ventures' new accelerator program aims to connect climate tech start-ups with expert industrial advice and pilot customers earlier in their journeys.