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Fika Ventures almost triples funds under management with new core fund, opportunity vehicle closes

LA-based Fika Ventures has almost tripled its funds under management through the double close of a new core fund and opportunity vehicle. The post Fika Ventures almost triples funds under management with new core fund,

Oil giants turn to startups for low-carbon energy ideas

BP and Shell bolster their venture capital arms as they seek to reduce dependence on fossil fuels

FinTech Collective raises $250m across new core fund, DeFi-focused vehicle

Venture Capital firm FinTech Collective has closed a pair of funds, which have a combined value of $250m and will invest into FinTechs around the world. The post FinTech Collective raises $250m across new core

VCs in USD 292m round for WorldRemit

Venture capital firms including new investor Farallon Capital have taken part in a USD 292m Series E for UK-headquartered cross-border payments platform WorldRemit at a USD 5bn valuation.

TCV-backed Grupa Pracuj files for IPO

Poland-based recruiting and HR software developer Grupa Pracuj – a portfolio company of Technology Crossover Ventures (TCV) – has filed a prospectus for a listing on the Warsaw Stock Exchange.

Diverse founders, women targeted by Non Sibi Ventures as firm launches $50m debut fundraise

A new venture capital firm with a core focus on backing women and diverse founders is eyeing up to $50m for its debut fundraise. The post Diverse founders, women targeted by Non Sibi Ventures as

Arthur Ventures eyes big fundraising jump, could raise up to $225m for Fund IV

Early-stage US investment firm Arthur Ventures is eyeing up to $225m for its fourth fundraise. The post Arthur Ventures eyes big fundraising jump, could raise up to $225m for Fund IV first appeared on AltAssets

New Zealand VC firm GD1 hits NZ$130m Fund III first close, pushes towards NZ$160m hard cap

New Zealand venture capital firm Global From Day 1 has surged to a NZ$130m first close for its third fundraise, more than double its initial first close target. The post New Zealand VC firm GD1

Bullish optimism boosting ‘unicorn’ stocks is more like delirium

Recent years have seen an explosion of so-called unicorns, startups with pre-IPO valuations larger than $1bn — which is a lot of money to pay if the unicorns have been losing money year after year.

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