News - Page 8

TLDR: – Pieces, a developer productivity tech startup based in Cincinnati, raised $13.5m in Series A funding. – The round was led by Drive Capital with participation from other investors. Pieces, founded

TLDR: VC funding in June totaled $397.2 million, a decrease from May’s $698 million Notable funding rounds included Axena, Sware, SiTration, AVAVA Inc., and Vecna Robotics June saw a decrease in VC

TLDR: Tato Bigio co-founded UBQ Materials, an environmental startup that turns non-recyclable trash into a non-oil-based plastic alternative. Finding strategic investors, or “intelligent money,” has been crucial for UBQ’s fundraising journey. In

TLDR: Faltering start-ups are raising cash in funding rounds that wipe out existing investors’ prospects. New backers are receiving high returns akin to payday lending as these companies struggle to survive. Faltering

TLDR: Private equity funds in Australia are increasingly investing in startups as venture capital firms focus more on early-stage bets and avoid later stage rounds. Traditional buyout firms like Quadrant Private Equity

TLDR: India-based venture capital firm Venture Highway is merging with General Catalyst. The combined firm plans to invest at least $500 million to $1 billion in India. India-based venture capital firm Venture

TLDR: Kirkland advised J.P. Morgan Private Capital on the closing of its biotechnology venture capital fund, 270 Life Sciences Private Capital Fund I, which closed above its $500 million target. The fund

TLDR: MtGox announced they will be returning 140,000 bitcoins to customers, causing a drop in Bitcoin prices. Billionaire Steve Cohen’s Point72 Ventures is shifting away from crypto and fintech to focus on

TLDR: Patrick Schmitt has left Continental after two years as senior investment manager at its CVC group. Schmitt helped Continental’s CVC fund invest in mobility and industrial technology developers at series A

TLDR: The German Federal Ministry for Economic Affairs and Climate Action (BMWK) and Dutch state-owned investment fund Invest-NL have joined the pan-European Gender Smart Equity Investment Programme funded by the European Investment