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Category: Startup

When Spacs attack! A new force is invading Wall Street

‘Blank cheque’ firms are in pursuit of America’s hottest startups. Is the invasion a sign of a market euphoria that can’t last?

Download the February 2021 issue of Unquote

This month in Unquote: Venture capital activity has continued unabated during the pandemic, with DACH and southern Europe among the most resilient markets

EQT Ventures et al. sell Peakon to trade for $700m

Employee feedback business Peakon, backed by several venture capital firms including EQT Ventures, is to be sold to listed HR software provider Workday in an all-cash deal worth $700m.

VC industry scores ‘exceptional year’ for returns amid negligible Covid-19 impact

The venture capital industry scored an "exceptional" year for performance in 2020 as the effects of the global coronavirus crisis failed to bite into returns from the asset class, new research shows.

Mary Meeker’s Bond Capital said to eye $1.5bn for second fundraise

Bond Capital, the venture capital house founded by former executive at Kleiner Perkins, is reportedly eyeing $1.5bn for its second fundraise.

Iron Man star Robert Downey Jr looks to fight ‘global existential threat’ by launching two VC funds

Iron Man star Robert Downey Jr has taken a leaf out of his superhero character's book by launching a pair of venture capital fund focused on sustainable tech investments.

New Jersey pension fund commits $475m across debt, infra, VC fundraises

The $83.3bn-managing New Jersey Division of Investment has committed $475m across four infrastructure, venture capital and debt funds.

Unquote Private Equity Podcast: Venture's immunity

The Unquote podcast turns its attention to venture, which has showcased its resilience in recent months and could see its attractiveness boosted further in a post-pandemic world

Carlyle invests in French AI startup after a year as client

The private-equity firm is co-leading a roughly $9.1m investment in SESAMm SAS

Cathay et al. in €49m series-B for Alma

Cathay Innovation, Seaya Ventures, Idinvest, BPI France (via BPI France Large Venture Fund) and Picus Capital have invested in a €49m series-B financing round for French payment specialist Alma.

Ion Pacific nears first close for VC secondaries fund

Ion Pacific, a Hong Kong-based investment manager, is aiming to raise $100m for a global venture secondaries fund and is approaching a first close.

TCV takes aim at next generation of tech giants with $4bn Fund IX close

Veteran VC house Technology Crossover Ventures has soared to a $4bn final close for its biggest fund yet after just a few months in the market.

Scientific breakthrough-focused VC investor Prime Movers Lab strikes $245m Fund II close

Prime Movers Lab, an investor in breakthrough scientific startups it hopes will revolutionise the world's most important industries, has closed its second early-stage investment fund on $245m.

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