The NeuCoin Project said it raised $2.25 million of funding from angels including Patrik Stymne, co-founder of Candy Crush Saga maker King, Rob Goldman, head of growth at Facebook, Emil Michael, SVP of business at Uber, Henrik Kjellberg, president of Hotwire, according to a press release. The company also unveiled its digital currency, which it hopes will enable micropayments.
4 min read · 03 February 2015
JPMorgan Direct leads New Jersey Division of Investment VC portfolio, according to recent investment portfolio reports.
2 min read · 03 February 2015
The last several years have seen a push by corporations in America and elsewhere to get involved in venture investing. According to a new study, more than 40 percent have IRRs of 10 percent or greater on their portfolios.
2 min read · 03 February 2015
2 min read · 02 February 2015
USV, PTV, Ampersand generate piles of cash for the university endowment
2 min read · 02 February 2015
A new study by Global Corporate Venturing says that corporate VC returns coming in higher than you think, with two in five IRRs reportedly 10 percent or above
2 min read · 02 February 2015
A cornucopia of fundraising filings have come in from multiple venture firms
1 min read · 30 January 2015
August Capital has set out to raise a $450 million seventh fund, while Blumberg Capital, Aspect Ventures and Northern Light Venture Capital seek to raise money of their own, according to documents filed with the SEC. At the same time, Cendana Capital roped in another $40 million and Tullis Health Investors raised $21.4 million toward a $200 million fund, according to SEC documents.
2 min read · 30 January 2015
CalPERS’ Sacramento portfolio benefits from Emergence, OrbiMed, Third Rock, TauTona.
2 min read · 29 January 2015
Joe Lonsdale, the co-founder of Palantir and a founding member of Formation 8, came under fire Thursday as news of a sexual assault and harassment suit became public. According to a story on Tech Crunch, the suit was filed last month in U.S. District Court in San Francisco by former Formation 8 intern and Stanford University student Elise Clougherty.
1 min read · 29 January 2015
