New Enterprise Associates related stories
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VC Investment In Cleantech Climbs - But So Do OthersThis is from Greentech Media, which recorded a 56% jump in the number of dollars invested in green tech since second quarter and a 47% jump in the number of deals -- that's $1.9 billion invested in 112 deals for the third quarter ending tomorrow. Top VC investors included NEA, CMEA, Khosla Ventures, Kleiner Perkins and Foundation Capital, although it's worth noting that venture capitalists weren't the biggest contributors to some of Greentech's top deals. Solyndra, for instance, which makes photovoltaic systems for rooftops, got $198 million from Argonaut Private Equity and others and more than double that in a $535 million federal loan guarantee. Synthetic Genomics got a $300 million commitment from Exxon to develop biofuels from algae. Tesla Motors raised $82.5 million from Fjord Capital and Daimler Motors and will also get over five times that -- $465 million -- in federal low-interest loans.
- Top VC Recipients of 2009 (so far)
In light of Twitter having raised over $135 million in VC funding so far this year (new round plus January round), I figured it was time for a Top 10 list of 2009 venture recipients. And, no, Twitter is not in the top spot. That honor goes to Clovis Oncology, which raised over $146 million in a Series A round four months ago. A few metrics notes: (1) The list only includes U.S.-based companies. It didn't appear that any non-U.S. companies qualified and, if they did, I didn't want to get bogged down in currency disputes; (2) The list aggregates all VC funding secured in 2009, rather than individual rounds; (3) The calculations do not include government funding (grants, etc); (4) The ability to secure lots of VC dollars does not necessarily correlate to a strong company or strong returns. So, without further ado, get the full list after the jump...
- Fund Performance Data from CalSTRS
The California State Teachers' Retirement System (CalSTRS) recently updated the fund-by-fund performance data for its private equity portfolio, which is valued at approximately $14 billion (approx. 11.5% exposure). These new figures take us through the end of Q1, which reflects the typical lag in private equity reporting. The portfolio is buyout-heavy, with funds from firms like Apollo Management, Bain Capital, Blackstone Group, Carlyle Group, KKR, Madison Dearborn, Summit Partners and TA Associates. There also is a smattering of venture capital firms, like BlueRun Ventures, DCM, New Enterprise Associates, Shasta Ventures and VantagePoint Venture Partners. Get all of the data after the jump...
- Hard times persist through Q3
Major M&A and a rebounded IPO market light the way toward a better Q4
- Week in deals, Sept. 28, 2009
Summary of North American tech companies and other businesses that raised venture financing in the past week
- NEA Invests $13.5 Million in Indian IT Outsourcer
RT Outsourcing Services Ltd., an Indian portfolio company of Sonoma Management Partners, has raised $13.5 million in VC funding from New Enterprise Associates.
- peHUB Wire: Thursday, September 24, 2009
55,000 and Counting...
- peHUB Wire: Thursday, September 24, 2009
55,000 and Counting...
- Vuclip Raises $6 Million Series B
Vuclip, a Milpitas, Calif.-based provider of mobile video search and delivery solutions, has raised $6 million in Series B funding. Jafco Ventures led the round, and was joined by return backer New Enterprise Associates.