Scivantage and Stevens Institute of Technology said they kicked off the Scivantage FinTech Incubator Program. The initiative is a 12-week program aimed at encouraging startups to develop disruptive technology in the financial services industry. Startups could receive an investment of up to $25,000 in seed capital.
5 min read · 22 May 2014
Patrick Chung of NEA said that performance justifies a second fund
5 min read · 21 May 2014
Venture capitalists remained an optimistic lot in the first quarter with up round financings outpacing down rounds in Silicon Valley at a pace not seen in seven years.
2 min read · 20 May 2014
The University of Texas Investment Management Company’s bet on young, emerging venture firms over the past decade or so, including Union Square Ventures, Spark Capital and Foundry Group, continues to pay off, affiliate magazine Venture Capital Journal reports.
2 min read · 20 May 2014
Union Square, Spark advance in mid-decade venture portfolio
2 min read · 19 May 2014
Last year saw several top performing funds in the University of California’s recent-vintage venture portfolio consolidate performance gains, as others continue to advanced, affiliate magazine Venture Capital Journal reported.
1 min read · 13 May 2014
Recent vintage funds from Insight, Claremont, OrbiMed continue to advance
2 min read · 12 May 2014
Midwest venture investing has been on an upswing over the past few years. A lot of this has to do with activity in Illinois, where the Chicago startup ecosystem has grown, affiliate publication Venture Capital Journal reports. But other states are trying to pull their own weight.
2 min read · 07 May 2014
A maturing slice of the University of California’s venture portfolio is benefiting from the venture industry’s performance gains of the past year, according to affiliate magazine Venture Capital Journal. The majority of the 20 funds the university holds with vintages of 2003 to 2006 advanced smartly in 2013 and 17 now have positive IRRs.
2 min read · 06 May 2014
Exits improve, but region still dependent on outside money
2 min read · 06 May 2014
