Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Venture capital firm Bluehill Capital closes ₹400 crore maiden fund
Chennai-based venture capital firm Bluehill.VC has closed its maiden ₹400 crore fund, which also includes a ₹50 crore greenshoe option. The fund aims to build a concentrated portfolio of 15–16 companies, investing an average of…
AG reaches settlement venture capital buyers to take responsibility for neglected Hudson Yards building
State Attorney General Letitia James announced a settlement agreement that will turn control of a condominium in the Hudson Yards area from a private equity buyer to a board of owners. After SME Capital Ventures took financial control of the…
Flock CEO says 'goal isn't a dystopian future'
Flock Safety CEO Garrett Langley pushed back against claims that the company's expanding network of automated license plate readers (ALPRs) is contributing to a surveillance state, telling Newsweek that transparency and accountability are central…
The good and bad of bike company going bust - Opinion
Various bicycles are parked at a subway entrance in Shenzhen, Guangdong province, April 4, 2017. [Photo/VCG] Until recently an elite member of the bicycle-sharing business (next only to Mobike and Ofo), Bluegogo has, many say, met its Waterloo…
Darrelle Revis wants to coach. Could he join former Jets teammate Jim Leonhard in Buffalo?
Darrelle Revis was a first-ballot Pro Football Hall of Fame cornerback. Yet when he and undrafted safety Jim Leonhard played together with the New York Jets, he never viewed Leonhard as a sidekick. Revis, in fact, still considers the Buffalo Bills'…
Better secure deposits for bike use - Opinion
China Daily | Updated: 2017-12-06 08:00 SHORT-HIRE BIKE GIANTS MOBIKE AND OFO have dismissed reports accusing the two of misappropriating the deposits riders pay to use their dockless, GPS-enabled Mobike and Ofo bikes. Thepaper.cn commented on…
Google's DeepMind is having an identity crisis
Bea Nolan here, filling in for Allie. Google DeepMind has been having a difficult year. Last week, longtime Google DeepMind CEO and company cofounder Demis Hassabis announced he was stepping back from the CEO role and into a new chair role.
Bids for unicorn Employment Hero test $2b value in Seek sell-off
Bids lodged to buy a stake in human resources software unicorn Employment Hero from Seek's venture capital Growth Fund indicate the company has retained its multibillion-dollar valuation, despite the SaaSpocalypse battering the price tags of…
The 'IMDb for Athletes' Is Here - And Its Founders Built It Without Spending a Dime on Marketing
Entrepreneur Ventures is an early-stage venture capital firm partnered with Entrepreneur Media that is dedicated to backing passionate and innovative founders as early as day one. In this series, we are profiling the amazing entrepreneurs…
Gulf startups are staying private for longer
Gulf startups are staying private for longer, part of a global phenomenon of weaker exit and IPO activity amid public market volatility, according to private capital tracker Pitchbook. The UAE is the only Gulf country to rank among the top 20…
The '20% rule' behind Giorgos Tsetis' blueprint for a new kind of family office
Private investment firms of ultrarich families typically prize patience, but Giorgos Tsetis is in a hurry. Through his family office, Great Things, the Nutrafol co-founder is backing high-flying startups at a quick pace and allocating at least 20%…
Laura Gunter: Congress could undermine NC's biotech boom - Salisbury Post
North Carolina has spent decades building one of the nation's leading life sciences economies — supporting high-paying jobs, advanced manufacturing, cutting-edge research and the development of medicines patients depend on. From the Research…
Bank of America to invest Rs 18,268 cr for 49.9% stake in Jio Financial arm
Jio Financial Services Ltd (JFSL) of the Reliance Industries group and Bank of America Corporation (BofA) have signed a definitive agreement under which BofA will acquire up to a 49.9% stake as a joint venture partner in JFSL's wholly-owned NBFC…
Planned center would expand STEM education across southern Maine
Baxter Academy for Technology and Science, a tuition-free public charter high school in Portland, launched a fundraising campaign to build a Center for Innovation and Technology that would expand STEM opportunities not only for Baxter students, but…
HSBC backs AI financial services software firm Model ML - Retail Banker International
Model ML has secured funding from HSBC Asset Management through its venture capital vehicle. The new capital is intended to aid the company's growth at a time when enterprise use of AI is moving beyond standalone models towards the broader…
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